Forecast: Media and Entertainment Output in Finland

The Media and Entertainment output in Finland has shown fluctuations over the years. From 2013 to 2019, the sector saw varied growth rates, peaking in 2014 with a 16.6% year-on-year increase but also experiencing declines, notably a -5.25% dip in 2020. The output recovered with a 13.62% rise in 2021 and continued modest growth in 2022 and 2023, standing at 7.88 Billion Euros in 2023. The 5-year CAGR for 2024 is 1.26%, indicating moderate annual growth moving forward to 2028. The forecast predicts steady growth with the output reaching 8.54 Billion Euros by 2028, reflecting a 6.47% growth rate over the five years.

Future trends to watch for include:

  • Digital transformation and its impact on traditional media sectors.
  • Increasing importance of streaming services and content creation.
  • Potential economic factors that could influence consumer spending in entertainment.
  • Technological advancements in AR/VR and their adoption in media and entertainment.

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