The value added of publishing, audiovisual, and broadcasting activities in Sweden has shown fluctuations over the past decade. In 2023, it stood at 108.46 billion Swedish Kronas. Between 2013 and 2023, the sector experienced varying degrees of growth, including notable increases in 2015 and 2019, and minor declines in 2016 and 2017. The annual variations highlight both robust growth periods and moments of stagnation.
From 2021 to 2023, the maximum year-on-year growth was observed in 2021 with an increase of 2.52%. The average growth for the past 5 years (CAGR) leading up to 2023 was 3.73%, showcasing moderate stability in this industry. Looking ahead, the forecasted CAGR from 2024 to 2028 is projected at 1.59%, indicating more conservative growth expectations.
Future Trends to Watch For:
- Digital transformation and technological advancements impacting media consumption and distribution.
- Changing consumer behavior and preferences, especially among younger demographics.
- The influence of streaming services and new media platforms on traditional broadcasting models.
- Potential regulatory changes affecting content creation and dissemination.
