Media - France

France

In France, revenue in the Media market is projected to reach €35.23bn in 2024.
The largest market within this market is TV & Video, which is expected to have a market volume of €12.97bn in 2024.
When considering global comparisons, it is noteworthy that the most revenue will be generated the United States, amounting to €501.80bn in 2024.
Furthermore, in the Media market, it is anticipated that 42.80% of total revenues will be generated through digital Media market by 2029.
In France, the media landscape is increasingly dominated by digital platforms, reflecting a shift in consumer preferences towards online content consumption and engagement.

Key regions: United States, China, Japan, United Kingdom, Germany

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Analyst Opinion

The Media market in France has been experiencing significant growth in recent years, driven by changing customer preferences and local special circumstances.

Customer preferences: French consumers have shown a growing preference for digital media platforms, with a significant increase in online streaming services and social media usage. This shift in consumer behavior has been driven by the convenience and accessibility of digital media, as well as the wide variety of content available online. Additionally, there has been a growing trend towards personalized and on-demand content, with consumers seeking tailored experiences that cater to their individual preferences.

Trends in the market: One of the key trends in the French media market is the rise of subscription-based streaming services. Platforms such as Netflix and Amazon Prime Video have gained significant popularity, offering a wide range of movies, TV shows, and original content. This trend has led to a decline in traditional TV viewership and an increase in cord-cutting, as consumers opt for more flexible and personalized streaming options. Another notable trend is the growth of social media and influencer marketing. French consumers are increasingly turning to social media platforms such as Instagram and YouTube for entertainment and information. This has led to the emergence of a new breed of content creators and influencers, who have a significant impact on consumer behavior and brand preferences. Brands are now leveraging these platforms to reach their target audience and engage with consumers in a more authentic and interactive way.

Local special circumstances: France has a rich cultural heritage and a strong emphasis on art and literature. This has influenced the media landscape, with a focus on high-quality content and a diverse range of genres. French consumers have a strong preference for local content, including French films, TV shows, and music. This has created opportunities for local media companies to thrive and cater to the unique tastes and preferences of the French audience. Additionally, France has a well-established regulatory framework for the media industry, which includes quotas for French content on TV and radio. This has helped to promote the production and distribution of local content, ensuring that French culture and language are preserved in the media landscape.

Underlying macroeconomic factors: The growth of the media market in France can also be attributed to favorable macroeconomic factors. France has a stable economy and a high standard of living, which has contributed to increased consumer spending on media and entertainment. Additionally, the country has a strong infrastructure for digital connectivity, with widespread access to high-speed internet and mobile networks. This has facilitated the adoption of digital media platforms and the growth of online content consumption. In conclusion, the Media market in France is experiencing growth due to changing customer preferences towards digital media platforms, the rise of subscription-based streaming services, the growth of social media and influencer marketing, a preference for local content, and favorable macroeconomic factors. These factors have created a dynamic and evolving media landscape in France, with opportunities for both local and international media companies to thrive.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on media spending (on traditional media as well as digital media). All monetary figures refer to consumer spending on digital goods or subscriptions in the respective segment. This spending factors in discounts, margins, and taxes.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., Consumer Insights), as well as performance factors (e.g., user penetration, price per product, usage). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, number of internet users, and internet consumption. 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 S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

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 is considered at a country-specific level. The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Consumer Insights data is reweighted for representativeness.