The household expenditure on mobile phone and telephone equipment in France has shown an overall positive trend since 2013, with significant growth observed in the periods of 2013 and 2021, where year-on-year variations were 32.31% and 10.05% respectively. However, there was a slight decline in expenditure in 2020 by -1.33%. In 2023, the expenditure stood at €5.47 billion, which represented a 2.61% increase from the previous year. The Compound Annual Growth Rate (CAGR) over the last five years leading up to 2023 was 2.84%. Forecasts indicate a steady increase in expenditure, with a 5-year forecast CAGR of 1.85% and an expected overall growth of 9.59% by 2028, reaching €6.14 billion.
Future trends to watch for include:
- Advancements in mobile technology and the introduction of 5G networks driving up expenditure.
- Increasing consumer demand for high-end smartphones and connected devices.
- Emergence of smart home integration and IoT (Internet of Things) contributing to rising household expenditure.
- Potential economic uncertainties that could moderate forecasted growth trends.
