In 2023, the turnover of radio broadcasting in Italy stood at 251.9 million Euros. The forecasted data for the subsequent years show a consistent decline. By 2024, the turnover is expected to be 235.5 million Euros, decreasing to 220.3 million Euros in 2025, 205.8 million Euros in 2026, 192.1 million Euros in 2027, and 178.9 million Euros in 2028.
The year-on-year percentage variations from 2024 onwards are as follows:
- 2024: -6.5%
- 2025: -6.4%
- 2026: -6.6%
- 2027: -6.7%
- 2028: -6.9%
The average annual decline (CAGR) over this five-year period is approximately -6.6%.
Future trends to watch for include potential shifts in listener behavior towards digital and streaming services, technological advancements in digital broadcasting, and changes in advertising revenue patterns, which could further impact the traditional radio broadcasting sector.
