Forecast: Output of Audiovisual and Broadcasting in Spain

From 2013 to 2022, the output value in billion euros showed fluctuations with significant dips in 2016 and 2020, followed by a strong rebound in 2021. Year-on-year variation reached a low in 2020 (-13.35%) and a peak in 2021 (18.28%). The compound annual growth rate (CAGR) over the last five years is modest at 1.08%. Forecasted values continue to show a stable growth pattern with an average yearly increase of 0.39% projected from 2023 to 2028, and a total growth of 1.95% over this period.

Future Trends to Watch: Increased focus on digital transformation and content streaming, along with public policies supporting the audiovisual sector, may significantly drive growth. Adaptation to new consumer behavior and technological advancements will be crucial.

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