France ICT Market Size
| Study Period | 2021 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2021 - 2022 |
| CAGR | 7.70 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
France ICT Market Analysis
The France ICT market is expected to register at a CAGR of 7.7% over the forecast period. France's increased emphasis on digital technology, AI, cyber security, robots, and healthcare IT is considerably driven the industry. Additionally, the increased need for digital technologies and initiatives, digitalization, scalable IT infrastructure, the widespread use of the 5G network, and the growing penetration of technology giants are all considerably boosting the market's growth.
- Moreover, the rise in digital transformation in France is expected to drive the ICT Market significantly. Sectors, especially France's education and training systems, are well-transformed to meet the rising social and economic digital transformation needs. In particular, education and training institutions are being extensively equipped with various digital tools and infrastructures, new digital platforms are being developed to facilitate and enhance online learning, and digital inclusion measures are being highly implemented for the benefit of the most vulnerable people in France. These measures are incredibly vital to maximizing the digital skills levels, contributing to France reaching the Digital Decade target of about 80% of people with at least basic digital skills by 2030.
- Also, the market is witnessing various significant partnerships within the country, driving growth exponentially. For instance, in October 2021, Insight SIP, in collaboration with the French Southern Region Future Investment initiative, announced further development of its IoT security program. The expert in miniature RF modules with built-in antennas, Insight SIP, announced that it had received funding from the French government and the Southern regional government as a significant component of the "Regional Investment Program for the Future" that will enable it to advance its IoT security program.
- As per Eurostat, in 2021, France's overall share of daily internet users reached around 78%. Also, the year 2021 represented a peak in the percentage of daily internet users in France. This rise in the overall usage of online users within the country is expected to create ample growth opportunities within the market, enhancing the overall growth of the market vastly.
- However, due to the fragmented market aspect, the rising frequency of data breaches, and the nation's reliance on outside sources to compensate for the talent gap might impede market growth in France.
- Despite the COVID-19 pandemic negatively influencing France's digital transformation, businesses are realigning their IT strategies, automating operations, controlling operational expenses, and putting new technologies into place for better and enhanced efficiencies. Additionally, various advanced technologies like blockchain, artificial intelligence, big data, machine learning, cloud computing, the internet of things, robotic process automation, cybersecurity, and augmented/virtual reality are significantly assisting in achieving these objectives in the post-COVID-19 scenarios.
France ICT Market Trends
This section covers the major market trends shaping the France ICT Market according to our research experts:
Increased Government initiatives in 5G is Expected to Drive the Market
- The French government significantly emphasized encouraging industrial transformation, and 5G is a crucial component. As per the most recent 5G Observatory report from the telecom watchdog, the Electronic Communications, Postal and Print Media Distribution Regulatory Authority (ARCEP), the total number of mobile base stations offering commercial 5G services in France equated to about 22,000 sites by the end of 2021.
- In July 2021, France planned to invest almost EUR 1.7 billion in its 5G industry by 2025 through public and private investments, per the 5G and future telecoms plan unveiled by government ministers. The objective is to hasten the development of 5G, especially new use cases, to encourage acceptance and strengthen the technology's influence on other industries. This is anticipated to generate 20,000 new jobs and contribute to the country's 5G sector, reaching a value of EUR 15 billion (USD 15.65 billion) by 2025.
- Also, in March 2022, the French government revealed a series of initiatives to enhance the deployment of industrial 5G use cases. The government vowed to open access to 2.6GHz frequencies for use in industrial 5G projects and to look into opening up access to the 3.8GHz and 4GHz bands as well. Other initiatives include opening a joint call for 5G private network projects by France and Germany.
- Moreover, in August 2022, France thoroughly applied the European Electronic Communications Code (EECC) with the issue of a transposition ordinance in May 2021. The code increased the range of universal services and gave all citizens access to sufficient and reasonably priced broadband.
- France has undergone tremendous change in the last few years in terms of digitization. 5G technology is the most vital infrastructure for the upcoming stage of digital transformation, which will become more widely used nationwide with government support. As per Ericsson, the 3.5GHz (5G) roll-out is expected to be completed in France by 2025. The 3.5GHz 5G network will cover 41% of the French population, up from 34% in 2023. This is anticipated to boost the overall growth of the market significantly.
The IT and Telecom Sector is Expected to Drive the Market
- As per data from International Telecommunication Union, with a commitment of 21 contributing units, or around CHF 6.7 million (or roughly EUR 6.9 million or USD 7 million), France is one of the top contributors to the International Telecommunication Union (ITU) annual budget.
- Also, in the 2022 edition of the Digital Economy and Society Index, France is ranked 12th out of the 27 EU member states. The Plan de Relance (Recovery plan), which receives a contribution from the Recovery and Resilience Facility (RRF) of about EUR 40 billion, and France 2030, a strategic plan to strengthen technological sovereignty, ensure the greening of the economy, and foster innovation, are both supporting the digital transformation of the French economy and society.
- Moreover, on the other hand, the market is witnessing various significant mergers, acquisitions, and investments by key players as part of their crucial growth strategy to improvise their business and overall presence to reach customers and fulfill their requirements for various applications. For instance, in March 2022, Phoenix Tower International declared that it had finalized a definitive agreement -- subject to the FCA ("French Competition Authority ") approval -- with Cellnex Telecom to purchase 1,226 telecommunications sites in very dense areas in France, adding SFR as a 2nd major MNO, within France.
- Also, in May 2022, TOTEM would offer mobile coverage for the upcoming 15 Sud line of the Société du Grand Paris metro. By 2025, TOTEM will have installed a mobile indoor DAS (Distributed Antenna System) network throughout the Grand Paris Express' 15 Sud line and will continue to do so until at least 2035.
- As per Eurostat, the total percentage of French households with internet connectivity rose by 3% from 2019 to 2021. As a result, France's percentage of households having internet access peaked in 2021 at 93%. Also, in 2021, more than six in 10 French online users conducted audio or video calls. The adoption of online voice and video calls increased dramatically between 2019 and 2021 as usage patterns were hastened by the global COVID-19 pandemic outbreak in 2020. This increase in such usage trends will considerably augment the market's growth throughout the forecast period.
France ICT Industry Overview
The France ICT market is competitive and fragmented due to the country's several players. Several key players in the ICT market are constantly trying to bring crucial advancements within the market. A few prominent firms are entering into various strategic collaborations and extending their footprints, especially in developing areas, to consolidate their overall positions in the market. Some of the key developments in the market are as follows:
- March 2022 - In keeping with the commitment to offer the most available and reliable connection for IoT devices deployed anywhere in the world, Soracom, Inc., a worldwide provider of advanced IoT connectivity, declared it had entered an agreement with Orange Wholesale France to extend its network for IoT connectivity throughout the world. This partnership with Orange Wholesale France enables the company to bring France's most extensive MNO capability to Soracom customers worldwide.
- March 2022 - The LoRa Alliance, the global association of companies backing the open LoRaWAN standard for the internet of things (IoT) low-power wide-area networks (LPWANs), declared the significant market traction across France, which positions LoRaWAN as one of the most preferred LPWAN technology in the region.
France ICT Market Leaders
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Samsung Electronics Co., Ltd
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Microsoft Corporation
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IBM Corporation
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Infosys Limited
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Accenture plc
*Disclaimer: Major Players sorted in no particular order
France ICT Market News
- June 2022 - French defense company Thales created a new firm, S3NS, in partnership with Google to provide state-vetted cloud computing services for storing some of the country's most sensitive data. Hence, it would offer the public and private enterprises in France the power of Google Cloud in a manner consistent with France's 'Trusted Cloud' designation.
- June 2022 - Oracle declared the opening of a second cloud region in France to offer public cloud services to assist businesses in modernizing their overall operations. In addition to the Oracle Cloud Marseille region, the new region in La Courneuve, Paris, will provide Oracle's European partners and customers access to a vast cloud services portfolio with disaster recovery, built-in security, and industry-leading price performance. Oracle's unique dual-region cloud strategy allows French customers to deploy resilient applications in multiple geographical locations in-country.
France ICT Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Market Definition and Scope
- 1.2 Study Assumptions and Market Definition
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
- 4.2 Industry Stakeholder Analysis
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4.3 Industry Attractiveness-Porter's Five Force Analysis
- 4.3.1 Bargaining Power of Suppliers
- 4.3.2 Bargaining Power of Consumers
- 4.3.3 Threat of New Entrants
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Increased Government initiatives in 5G is Expected to Drive the Market
- 5.1.2 Increase in the Overall Demand for Digitalization and Scalable IT Infrastructure
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5.2 Market Restraints
- 5.2.1 Fragmented Nature of the Market and the Growing Incidence of Data Breaches
- 5.3 Impact of COVID-19 on the IT Spending
6. KEY TECHNOLOGY INVESTMENTS
- 6.1 Cloud Technology
- 6.2 Artificial Intelligence
- 6.3 Cyber Security
- 6.4 Digital Services
7. MARKET SEGMENTATION
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7.1 By Type
- 7.1.1 Hardware
- 7.1.2 Software
- 7.1.3 IT Services
- 7.1.4 Telecommunication Services
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7.2 By Size of Enterprise
- 7.2.1 Small and Medium Enterprises
- 7.2.2 Large Enterprises
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7.3 By Industry Vertical
- 7.3.1 BFSI
- 7.3.2 IT and Telecom
- 7.3.3 Government
- 7.3.4 Retail and E-commerce
- 7.3.5 Manufacturing
- 7.3.6 Energy and Utilities
- 7.3.7 Other Industry Verticals
8. COMPETITIVE LANDSCAPE
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8.1 Company Profiles
- 8.1.1 Apple Inc.
- 8.1.2 Samsung Electronics Co. Ltd
- 8.1.3 Cisco Systems Inc.
- 8.1.4 Microsoft Corporation
- 8.1.5 Tata Consultancy Services Limited
- 8.1.6 IBM Corporation
- 8.1.7 Tech Mahindra Ltd
- 8.1.8 Infosys Limited
- 8.1.9 Wipro Limited
- 8.1.10 Accenture PLC
- *List Not Exhaustive
9. INVESTMENT ANALYSIS
10. FUTURE OF THE MARKET
** Subject To AvailablityFrance ICT Industry Segmentation
ICT refers to a range of technological applications used to transmit and process information. Information, communication, and technology are combined to produce the term ICT. The scope of the study considers the market segmented based on the Type (Hardware, Software, IT Services, Telecommunication Services), Size of Enterprise (Small and Medium Enterprises, Large Enterprises,), Industry Vertical (BFSI, IT and Telecom, Government, Retail and E-commerce, Manufacturing, Energy, and Utilities). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
The study tracks key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period. The study also tracks the revenue accrued from the various ICT types that are used in various industry verticals across France. Additionally, the study provides the France ICT market trends, along with key vendor profiles. The study further analyses the overall impact of COVID-19 on the ecosystem.
| By Type | Hardware |
| Software | |
| IT Services | |
| Telecommunication Services | |
| By Size of Enterprise | Small and Medium Enterprises |
| Large Enterprises | |
| By Industry Vertical | BFSI |
| IT and Telecom | |
| Government | |
| Retail and E-commerce | |
| Manufacturing | |
| Energy and Utilities | |
| Other Industry Verticals |
France ICT Market Research FAQs
What is the current France ICT Market size?
The France ICT Market is projected to register a CAGR of 7.70% during the forecast period (2024-2029)
Who are the key players in France ICT Market?
Samsung Electronics Co., Ltd, Microsoft Corporation, IBM Corporation, Infosys Limited and Accenture plc are the major companies operating in the France ICT Market.
What years does this France ICT Market cover?
The report covers the France ICT Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the France ICT Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
France ICT Industry Report
Statistics for the 2024 France ICT market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. France ICT analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
