In 2023, the sound recording and music publishing industry in Germany recorded an employment level of approximately 10.3 thousand. By 2024, the forecast indicates an increase to 10.5 thousand, continuing an upward trend through 2028, reaching 11.48 thousand employees. This represents a compound annual growth rate (CAGR) of about 2.2% over the five-year period starting from 2024.
The year-on-year growth from 2024 to 2028 highlights consistent expansion, with expected percentage increases roughly between 2.38% to 2.14% annually. The strongest projected growth occurs between 2024 and 2025 at 2.38%.
Future trends to watch for include digital transformation in music distribution, increased demand for streaming services, and the influence of artificial intelligence in music production, all of which are likely to positively impact employment in the sector.
