Forecast: Production of Audiovisual and Broadcasting in Mexico

The production of audiovisual and broadcasting in Mexico grew steadily from 2013 to 2020, with some fluctuations influenced by external factors. Notable growth periods include 2015 and 2017, with year-on-year increases of 8.81% and 8.83% respectively. The sector experienced a decline in 2020 due to the global pandemic, but it recovered quickly in 2021, showing an increase of 11.15%. As of 2023, the value stood at 173.03 billion Mexican Pesos.

In the forecast period from 2024 to 2028, the annual growth rate is expected to average at 2.33%, with a total growth of 12.21% over the five years. This indicates a slower but steady increase compared to previous years.

Future trends to watch for:

  • Adoption of new broadcasting technologies and digital platforms.
  • Impact of regulatory changes and government policies on the sector.
  • Shifting consumer preferences towards on-demand and streaming services.
  • International collaborations and content production targeting a global audience.

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