From 2013 to 2023, Mexico’s audiovisual and broadcasting production volume has shown a mixed trend, peaking at 146.24 billion Mexican Pesos in 2023. Notable year-on-year variations include a significant rise in 2021 at 9.58% and a decline in 2020 and 2022 by -2.96% and -0.019%, respectively. The compound annual growth rate (CAGR) over the last five years has averaged around 1.9%, reflecting a slower growth pace.
Looking forward, the forecasted CAGR for 2024-2028 is expected to be approximately 1.46%, with an aggregated growth of 7.52% over the next five years. This indicates a modest but consistent growth expectation for the sector.
Key future trends to watch for include technological advancements in broadcasting, increased investment in digital and online streaming content, and regulatory changes that may impact production volumes and market dynamics.
