The Gross Value Added (GVA) of IT services in France has shown a robust upward trend from 2013 to 2023, rising from 44.24 billion euros in 2013 to 80.74 billion euros in 2023. The period saw varied year-on-year changes, with notable peaks in 2018 and 2022. The average annual growth rate (CAGR) over the last five years stands at 6.12%, indicating healthy growth in the sector. The forecast from 2024 to 2028 suggests a continued but slightly slower growth trajectory with a 5-year CAGR of 3.95% and a cumulative 21.36% increase over this period.
Future trends to watch for include:
- Increased adoption of advanced technologies like AI, cloud computing, and IoT.
- Growth in cybersecurity demand as firms mitigate rising threats.
- Expansion of digital transformation projects across various industries.
- Potential market consolidation with mergers and acquisitions.
- Impact of regulatory changes on IT service delivery.
