The production in the Television Programming and Broadcasting Activities sector in Finland has experienced significant fluctuations from 2014 to 2023, peaking at 541 million euros in 2016. Since then, the sector has been in a downward trend, with a notable drop in 2018 by 36.68% year-on-year and a consistent decline each year. By 2023, the sector's value stood at 218.6 million euros, representing a 7.61% decrease from 2022. Over the last five years (2019-2023), the sector's CAGR was -7.06%, indicating an average annual decrease in value. Looking forward, the forecast indicates a further decline, with an anticipated CAGR of -8.92% from 2024 to 2028, culminating in a total reduction of 37.33% over the five years.
Future trends to watch for:
• The increasing shift towards digital streaming and on-demand services, which may continue to impact traditional TV broadcasting negatively.• The role of new technologies and platforms in revitalizing the sector.• Potential impact of policy changes and regulations on the broadcasting industry.• Consumer behavior shifts, especially among younger demographics, towards non-linear content consumption.
