Forecast: Household Expenditure on Telecom in France

Between 2013 and 2017, household expenditure on telecom in France experienced a consistent decline, falling from 24.74 billion euros to 22.88 billion euros. However, starting in 2018, the trend reversed, showing a steady increase in telecom spending, reaching approximately 26.14 billion euros in 2023. The past five years saw a year-on-year growth rate ranging from 2.59% to 2.84%, culminating in a CAGR of 2.41% by 2023.

The forecasted data indicate that this upward trend will continue with projected household expenditure reaching 29.33 billion euros by 2028, marking a forecasted CAGR of 1.83% over the next five years.

Future trends to watch for:

• Rising demand for high-speed internet and advanced telecom services.

• Increase in household connectivity needs due to evolving technological advancements.

• Potential market explorations into value-added services that drive consumer spending higher.