The production volumes of audiovisual and broadcasting in France have shown a general trend of growth from 2013 to 2023, apart from a significant dip in 2020 likely due to the impact of the global pandemic. The value stood at 30.32 billion euros in 2023, marking a modest year-on-year increase of 0.94%. Over the past five years, the compound annual growth rate (CAGR) has been 1.06%, indicating a steady rise in production volumes.
Recent trend analysis for the last two years reveals a sharp recovery in 2021 with a 24.13% increase followed by a slightly negative growth in 2022 at -1%, stabilizing again in 2023. Forecast data indicates a continuation of this growth trend with a forecasted CAGR of 0.75% from 2024 to 2028, culminating in a projected 31.84 billion euros by 2028.
Future trends to watch for include the impact of technological advancements on production efficiencies, the integration of streaming services, and potential regulatory changes. Additionally, the influence of global market dynamics and consumer behavior shifts towards digital consumption will be key determinants of future production volumes.
