The production value of publishing, audiovisual, and broadcasting activities in Denmark has shown a general upward trend from 2013 through 2023, with values increasing from 44.94 billion Danish Krones in 2013 to 57.44 billion Danish Krones in 2023. This period was marked by a notable decline in 2020, likely due to the COVID-19 pandemic, with a significant year-on-year reduction of -15.64%. However, the sector demonstrated resilience, rebounding by 24.83% in 2021. Over the last two years, the year-on-year variation has been relatively modest, with a decline of -0.47% in 2022 and a slight increase of 1.47% in 2023. The compound annual growth rate (CAGR) over the past five years has been 1.5%, indicating a steady, albeit slow, growth trajectory.
Looking forward, the forecast from 2024 to 2028 suggests continued growth, with an expected CAGR of 1.14%. Future trends to watch for include the increasing digitalization of media, the adoption of new audiovisual technologies, and the potential impact of regulatory changes within the European Union concerning digital content and copyright laws. The sector is poised for steady growth, driven by innovation and a stable economic environment.
