The turnover in the Television Programming and Broadcasting Activities sector in Germany has experienced significant fluctuations over the last decade. From a high of €12.83 billion in 2013, the sector saw a sharp decline by 2015, followed by a period of relative stability and modest recovery until 2019. The onset of COVID-19 in 2020 led to another dip, but 2021-2023 marked a period of slow recovery, with the turnover standing at €10.25 billion in 2023, showing a year-on-year growth of 1.41%. Over the last five years, the sector's compound annual growth rate (CAGR) was -0.41%.
Future trends indicate a slight decline with a forecasted CAGR of -0.63% from 2024 to 2028, anticipating a turnover of €9.85 billion by 2028. This suggests ongoing challenges likely influenced by digital disruption, declining traditional viewership, and economic factors.
Future trends to watch for:
- Further shifts towards digital and on-demand content consumption.- Potential impacts of new regulations and policies affecting the media sector.- Technological advancements enhancing viewing experiences.- Competitive pressures from global streaming services.
