Those who weigh the most in the digital world are …
They are not yet in the Cac 40, but weigh more and more. The top 100 French players in the software, Internet services and video game sectors recorded 13% growth in 2014, to € 8.8 billion in turnover, according to the ranking “The 100 digital”, published by PwC, AFDEL and SNJV.
Software publishers are by far the most represented with 73 players who account for 61% of revenues, including 23% by Dassault System alone, with 2.3 billion euros in turnover. Following their merger a year ago, the Sopra Steria group recorded the strongest growth, gaining three places compared to last year, to 6th place. As a whole, the sector has in fact been mainly supported by the numerous acquisitions, and the growth of SaaS offers, software marketed as services.
90,000 jobs in the software industry
“Software activity has become one of the main vectors of value creation in the French economy. Businesses and organizations are rethinking their product and service offerings based on the promise of technology, especially in the creation, capture and exploitation of data», Says Pierre Marty, partner at PwC. In the end, the report states that the French software industry has 2,500 publishers who represent 6.5 billion in turnover and 90,000 jobs.
Supported by the French heavyweight in advertising retargeting Criteo, which occupies third place in the ranking, and the rise of many companies such as Teads, Internet services represent 19% of the revenues generated by the companies in the ranking. Despite a 27% growth in turnover last year, strong disparities exist. As a result, new players such as the music service in streaming Qobuz could soon make their entry. The study also underlines the rise of the players in the ” sharing economy »With important fundraisers such as Blablacar who completed a round of funding of 73 million euros, even if there are still uncertainties about the law.
Fragile growth for video games
Video game publishers for their part posted growth of + 13% in 2014 in 2014. The study highlights the return to the rise in sales of consoles and software at a record pace for three years. With 80% of sales made internationally, the sector represents 20% of the revenues generated by the Top 100. Unsurprisingly, the French leader Ubisoft comes second on the podium with 1.4 billion euros in turnover.
“The dynamism of companies in the video game sector (…) should not make us ignore the great fragility of our industry with regard to the fierce global competition with which we are confronted. France has undeniable assets that we must highlight“, However, wishes to relativize Guillaume de Fondaumière, president of the SNJV (the national video game union). Video game professionals were also reassured by the signing, at the end of April, of the decree relating to the video game tax credit, decided in 2013.