The Spanish media and entertainment industry experienced significant fluctuations over the past decade, with a notable dip in 2020 (-12.06% YoY) due to the COVID-19 pandemic, followed by a strong recovery in 2021 (+16.04% YoY). The industry is expected to grow progressively from 2023 onwards, with forecasted values rising to €23.80 billion by 2028 at a CAGR of 2.23% over the next five years.
Future Trends to Watch:
Technological advancements, increased digital consumption, and enhanced content personalization are key drivers projected to shape the future of Spain's media and entertainment industry. Monitoring these factors will be crucial for stakeholders.
