The R&D expenditure in Italy's motion picture, video, and TV production and broadcasting sector is forecasted to grow steadily from 2024 to 2028, starting at 15.97 million euros in 2024 and reaching 18.25 million euros by 2028. In 2023, the expenditure stood at approximately 15.5 million euros. The year-on-year growth is projected to be around 3.6% annually over the next two years.
Over the five-year period, the compound annual growth rate (CAGR) is estimated at about 3.4%.
Future trends to watch for include:
- Increased investment in digital and streaming content development.
- Advancements in technology driving production and post-production efficiencies.
- Growing emphasis on sustainability in film and television production practices.
