Other IT Services - France

France

The Other IT Services market in France is expected to experience significant growth in the coming years.
According to projections, the revenue in this market is projected to reach US$18.04bn by 2024.
Furthermore, it is anticipated that the market will continue to expand at an annual growth rate of 2.25% (CAGR 2024-2029), resulting in a market volume of US$20.16bn by 2029.
When examining the spending patterns in this market, it is worth noting that the average Spend per Employee is estimated to reach US$0.56k in 2024.
This figure provides insight into the level of investment in IT services per employee in France.
In a global context, it is interesting to observe that United States is projected to generate the highest revenue in the Other IT Services market.
In 2024, it is estimated that United States will generate a staggering US$151.10bn in revenue.
This highlights the dominance of the United States in this market segment.
France's Other IT Services market is experiencing a surge in demand for cybersecurity solutions to combat increasing cyber threats.

Key regions: China, United Kingdom, Germany, Netherlands, India

Market

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Currency

Methodology

Data coverage:

The data encompasses B2G, B2B, and B2C enterprises. Figures are based on enterprises' technology spending on products, consulting, and outsourcing services.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players in the industry, Statista's primary research and surveys, and IT associations. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, internet users, and telecommunication. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing method is used based on the market data characteristics. The main drivers are the GDP and its sector composition, internet penetration, the level of digitization, and the attitude toward IT security.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.