The number of employees in the radio broadcasting sector in Spain is projected to experience a consistent decline from 2024 to 2028, starting at 5.05 thousand employees in 2024, decreasing to 4.25 thousand by 2028. Compared to 2023, where the sector had 5.28 thousand employees, the reduction in workforce highlights a steady downtrend.
Year-on-year percentage variation analysis:- From 2024 to 2025: -4.2%- From 2025 to 2026: -3.9%- From 2026 to 2027: -4.3%- From 2027 to 2028: -4.5%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -4.2%, indicating a yearly average decline in sector employment over the five-year period.
Future trends to watch for include the impact of digital transformation and increased automation within the industry, potential regulatory changes, and shifts in consumer media consumption habits, which could further influence employment levels in the radio broadcasting sector.