Employment in Business Services in France has shown consistent growth since 2013, starting at 9.96 million units and reaching 11.33 million units in 2023. The year-on-year growth has generally been positive, peaking at 2.83% in 2017. Over the past five years, a Compounded Annual Growth Rate (CAGR) of 0.94% led to the current levels in 2023.
The future forecast from 2024 to 2028 suggests a steady growth rate with a forecasted CAGR of 0.66%, projecting the employment in Business Services to reach 11.82 million units by 2028.
Trends to watch for include:
- Technological advancements leading to new service offerings and potential efficiency gains.
- Increasing demand for specialized business services in areas such as digital transformation, sustainability, and data analytics.
- Possible economic fluctuations that may affect hiring trends and business investments in services.