France ICT Market Report and Forecast 2024-2032

France ICT Market Size

The France ICT market attained a value of around USD 115.70 billion in 2023. It is projected to grow at a CAGR of 4.6% during 2024-2032 to reach nearly USD 173.43 billion by 2032.

France ICT Market Outlook

• France is expected to emerge as the AI hub in Europe over the forecast period.

• France aims to equip 80% of its population with basic digital skills by 2030, signifying its intent on improving its ICT capabilities.

• 99% of French households have access to 4G internet.

France ICT Market Growth

As per the Digital Economy and Society Index of 2022, France was ranked at the twelfth position with a score of 53.3. with nearly 88% of all common government procedures digitalised. A substantial proportion of the French population considers digital government services to be the same/ahead of the level of private business organisations. Out of 28 EU member countries, France ranks fifteenth in terms of usage of online public services, with nearly 87% of all internet users using digital public services. This suggests that the government is expected to remain one of the key industry verticals requiring robust information and communication technologies infrastructure over the forecast period.

The EU plans to allocate over 148 million euros to state administrative institutions from the European Regional Development Fund. This is intended to support the development of unique ICT services and solutions, which will contribute towards the digitisation of various economies, including France. Data management services and artificial intelligence-based technologies are expected to receive priority funding. The ERDF was created to extend the coverage of high-speed networks, develop e-commerce facilities, and strengthen the applications of ICT for e-learning, e-health, e-inclusion, and e-culture, among other services. This is expected to increase the development of information and communications technologies in France in the coming years.

France ICT Industry Segmentation

France ICT Market Report and Forecast 2024-2032 provides an in-depth analysis of the various market segments mentioned below:

Market Breakup by Type

• Hardware
  • Network Switches 
  • Routers and WLAN 
  • Servers and Storage 
  • Others 
• Software

• IT and Infrastructure Services

• Telecommunication Services

Market Breakup by Enterprise Size

• Small and Medium Enterprises

• Large Enterprises

Market Breakup by Industry Vertical

• BFSI

• IT and Telecom

• Government

• Retail and E-Commerce

• Manufacturing

• Energy and Utilities

• Others

Market Breakup by Region

• Île-de-France

• Auvergne-Rhône-Alpes

• Nouvelle-Aquitaine

• Occitania

• Hauts-de-France

• Provence-Alpes- Côte d'Azur

• Grand Est

France ICT Market Share

Based on region, the market is divided into Île-de-France, Auvergne-Rhône-Alpes, Nouvelle-Aquitaine, Occitania, Hauts-de-France, Provence-Alpes- Côte d'Azur, and Grand Est. Over the forecast period of 2024-2032, Île-de-France and Auvergne-Rhône-Alpes are projected to grow at a CAGR of 6.0% and 5.1%, respectively, as they are witnessing a surge in investments aimed at boosting the technological capabilities in the domain of IT and infrastructure services.

Leading Companies in France ICT Market

Major ICT companies like Microsoft Corp, are planning to invest billions of euros towards the development of AI infrastructure in France and support nearly 2500 AI startups in the country by 2027.

• IBM Corp.

• Cisco Systems Inc.

• Google LLC

• Apple Inc.

• Microsoft Corp.

• SAP SE

• Atos SE

• Capgemini SE

• Oracle Corp.

• Accenture Plc

• Others

Key Highlights of the Report