Press alert: employment, AI breakthrough, regions…Start-up Nation’s 2024 roundup

• Over 18,000 jobs created by 2024

• After the summer blip, last quarter’s rebound shows the strength of France’s startup ecosystem

• However, over 4 years, the slowdown in employment growth has been confirmed, particularly since mid-2023.

• AI and Data in the top 3 job-creating technologies

• Ile-de-France concentrates the bulk of job creation and funding in the AI field

2024: a less dynamic but resilient job market for French Tech

In an uncertain political and economic environment in France and internationally, job creation in French Tech proved robust again in 2024, despite a dip in the summer. French startups generated over 18,000 jobs, an increase of almost 6% year-on-year.

Over the last 4 years, however, employment growth has slowed significantly since the second half of 2023, from 13.3% in 2021 to 9.1% in 2023, then to 5.8% last year.

Nearly 1,900 AI players in all sectors of the French economy

AI and data are among the top three job-creating technologies. AI is particularly associated with healthtech, martech and deeptech.

There are almost 1,900 startups in the AI field, employing over 50,000 people. These companies have raised nearly 90 rounds of financing, representing a total of €1.7 billion, mainly in the Paris region (97% of the amounts raised in this field).

Île-de-France will account for 56% of job creation in 2024

Taking all technologies together, over 10,000 jobs were created in the Paris Basin last year, representing 56% of the national total (down 10 points on 2022). French Tech has created jobs in virtually every region of France, although the Île-de-France region and the southern half of the country account for most of the jobs created.

Greentech, the most job-generating sector in 2024

In terms of sectors covered by French Tech, greentech remains the most dynamic, with over 4,000 jobs created, followed by manufacturing and IT services – it’s worth noting that jobs in greentech startups, like those in manufacturing, are mostly located in the regions. By contrast, fintech and martech are marking time in terms of job creation.

What will it be like in 2025? Numeum invites you to visit:https://barometrestartups.fr/