In 2024, the United Kingdom dominates the European news agency market with a turnover of 65.55 million euros, marking a steady year-on-year increase of 0.64%. France and Germany, with turnovers of 9.31 and 7.35 million euros respectively, experienced slight declines. Italy faced a significant drop of 4.51%, while Spain saw a notable increase of 4.38%. Among smaller markets, Bulgaria, Greece, and Iceland showed substantial growth, whereas Slovenia experienced the steepest decline with a drop of 22.16%.
Future trends to watch include:
- The UK’s sustained growth amidst a challenging economic landscape.
- Potential recovery or further decline of major European markets like Germany and Italy.
- Emergent growth in smaller markets such as Greece and Bulgaria, driven by digital transformation.
- The potential impact of geopolitical dynamics on market shares across Europe.
Top countries in News Agency Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 65.55 | 2023 | +0.27% | +0.64% | View data |
| 2 | 2 France | 9.31 | 2023 | -0.93% | -0.41% | View data |
| 3 | 3 Germany | 7.35 | 2023 | +0.72% | -0.77% | View data |
| 4 | 4 Italy | 3.14 | 2023 | -5.1% | -4.51% | View data |
| 5 | 5 Spain | 2.57 | 2023 | +3.44% | +4.38% | View data |
| 6 | 6 Austria | 2.49 | 2023 | +0.46% | -0.31% | View data |
| 7 | 7 Netherlands | 1.88 | 2023 | +3.8% | +2.54% | View data |
| 8 | 8 Poland | 1.8 | 2023 | +3.1% | -2.45% | View data |
| 9 | 9 Belgium | 1.41 | 2023 | -0.81% | -3.54% | View data |
| 10 | 10 Sweden | 1.24 | 2023 | -1.43% | -5.8% | View data |