The Arts, Entertainment and Recreation sector in Switzerland is forecasted to see consistent growth from 2024 to 2028. The output is projected to increase from 21.03 billion euros in 2024 to 24.87 billion euros in 2028. This reflects steady growth year-on-year, with the sector showing a positive trend.
Looking back, the sector's output in 2023 stood at 20.1 billion euros. The year-on-year growth rates are approximately 4.6% from 2024 to 2025, 4.4% from 2025 to 2026, 4.1% from 2026 to 2027, and 4.0% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is around 4.3%, indicating robust sectoral growth.
Future trends to watch for include the increasing digitization of arts and entertainment, a rise in immersive experiences such as virtual and augmented reality, and a potential resurgence in live events and tourism-related activities as global travel normalizes. These shifts could further drive growth and diversification within the sector.