The value added of the audiovisual and broadcasting sector in France stood at 12.98 billion Euros in 2023. Analyzing the year-on-year changes, we observed consistent growth from 2013 to 2019, followed by a significant decline in 2020 due to external factors. The sector rebounded in 2021, and growth continued through 2023. The recent 5-year CAGR up to 2023 was 1.02%, reflecting moderate growth in the sector.
Future outlook remains positive, with forecasts predicting a CAGR of 1.13% from 2024 to 2028, resulting in a projected value of 13.94 billion Euros by 2028.
Future trends to watch for include:
- Technological advancements and their impact on content delivery.
- Changes in consumer behavior towards streaming services.
- Regulatory changes affecting the sector.
- Increasing competition and market consolidation.
