The value added of advertising and market research in France displayed moderate fluctuations from 2013 to 2023, standing at 9.44 billion Euros in 2023. Despite a significant dip during 2020, growth resumed quickly, peaking at a post-pandemic recovery in 2021 with a 21.32% year-on-year increase. This period was followed by steady but moderate growth rates, averaging a CAGR of 0.7% over the last five years. The forecast suggests continued, albeit slower, growth at an average annual rate of 0.53% up to 2028.
Key future trends to watch for:
- Increasing integration of digital transformation in advertising and market research practices.
- Rising investment in data analytics to enhance market insights and advertising effectiveness.
- Expansion of personalized and targeted advertising driven by advanced technologies and consumer data.