The forecast data for the UK motion picture, video, and television programme post-production sector indicates a gradual decline from £1.51 billion in 2024 to £1.47 billion in 2028. This reflects decreasing year-on-year changes with a consistent contraction of approximately 0.67% per year. As of 2023, the actual production value stood at around £1.52 billion, indicating the sector's peak. Over the five-year period from 2024 to 2028, a compounded annual growth rate (CAGR) reveals an average annual decrease of 0.67%.
Future trends to watch for include:
- Technological advancements improving efficiency
- Shifting consumer preferences towards streaming platforms
- Regulatory changes affecting production costs
