In the Sound Recording and Music Publishing Activities sector in France, the employment data reveals a decline from 3.53 thousand in 2013 to 2.36 thousand in 2023. This downturn trend reflects significant year-on-year declines in several years, particularly notable in 2017 and 2018 with -22.71% and -17.12% respectively. The CAGR over the last five years to 2023 is 1.53%, showcasing some positive trajectory but still below early decade levels.
Looking forward, the forecast predicts a steady yet modest decline through 2028. The sector shows a projected five-year CAGR of -1.06%, with a 5-year growth rate of -5.21%, indicating continued contraction. Watch for technological advancements and market shifts in streaming and digital revenues, potentially reshaping the employment landscape.
