In 2023, the Media and Entertainment sector in Norway contributed 32.31 billion Norwegian Krones in Gross Value Added (GVA). Based on forecasted data, the GVA is expected to decline to 32.2 billion in 2024 and continue a downward trend, reaching 31.74 billion by 2028. This represents a year-on-year decline of 0.37% from 2024 to 2025, 0.34% from 2025 to 2026, 0.37% from 2026 to 2027, and 0.34% from 2027 to 2028. Over the five years from 2024 to 2028, the Compound Annual Growth Rate (CAGR) is -0.29%.

Future trends to watch for include:

Technological advancements and digital transformation impacting media consumption patterns.
Potential regulatory changes affecting traditional and digital media outlets.
Increased investments in localized content and streaming services driven by consumer demand.