The sector has shown a robust growth pattern from 2013 to 2022, with a notable jump in 2014 (355.29%) and consistent increases into recent years. The year-on-year variation over the past two years shows 4.43% growth in 2023 and 4.28% in 2024. Over the last 5 years, the Compound Annual Growth Rate (CAGR) was 5.67%. The forecasted 5-year CAGR (2024-2028) is 2.89%, indicating a steady yet slowing growth rate, projecting a total growth of 15.28% by 2028.
Future trends in the sector include increased digitalization, higher demand for online streaming services, and shifts towards more localized content. Additionally, regulatory changes and technological advancements, particularly in AI-driven content delivery, will significantly influence production dynamics.
