In 2024, Germany continues to dominate the European Media and Entertainment output with 67.94 billion Euros, despite a 1.28% decline in 2023. Italy's output is valued at 23.36 billion Euros, experiencing a modest 0.81% dip year-on-year. Spain maintains a positive trajectory with a 2.08% increase, reaching 20.68 billion Euros. The Netherlands registers a 17.34 billion Euros value, but with a 1.91% decline from the previous year. Smaller markets like Croatia, Slovenia, and Malta saw solid growths of 3.38%, 3.33%, and 3.04% respectively. Latvia also recorded a slight increase of 0.5%, valuing at 0.28802 billion Euros.
The future trends to watch in European Media and Entertainment include accelerated digital transformation, increased investment in streaming services, and rising demand for localized content. The strong growth in smaller markets suggests an emerging trend worth monitoring. Additionally, technological advancements and innovation, such as virtual reality and immersive media, are expected to drive further industry evolution.
Top countries in Media and Entertainment Output by Country
| # | 8 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 67,940 | 2023 | +1.13% | -1.28% | View data |
| 2 | 2 Italy | 23,360 | 2023 | +1.22% | -0.81% | View data |
| 3 | 3 Spain | 20,680 | 2023 | +5.76% | +2.08% | View data |
| 4 | 4 Netherlands | 17,340 | 2023 | +1.7% | -1.91% | View data |
| 5 | 5 Croatia | 942.39 | 2023 | +1.34% | +3.38% | View data |
| 6 | 6 Slovenia | 772.71 | 2023 | +0.63% | +3.33% | View data |
| 7 | 7 Latvia | 288.02 | 2023 | +4.03% | +0.5% | View data |
| 8 | 8 Malta | 154.08 | 2023 | +7.04% | +3.04% | View data |
