Forecast: Value Added of Publishing, Audiovisual and Broadcasting Activities in South Korea

The data indicates a generally positive trend in the Value Added of the sector with fluctuations. Initial growth slows in recent years, from a high of 12.2% YoY in 2018 to a forecast of 3.05% in 2023. The 5-year CAGR for the years ending 2023 stands at 2.91%, while the forecasted 5-year CAGR for 2028 is 2.06%, suggesting stabilization with a forecasted total growth rate of 10.74% from 2023 to 2028.

Future trends to watch include digital transformation, content diversification, and regulatory changes impacting publishing and broadcasting. Maintaining growth may require leveraging technology and adapting to changing consumer preferences.

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