The motion picture, video, television program production, and broadcasting activities sector in the UK is expected to continue its growth trajectory from 2024 to 2028. In 2023, this industry had a recorded output value of 55.58 billion Euros. The forecast anticipates a steady year-on-year growth rate of approximately 1.8%, with the sector reaching 60.34 billion Euros by 2028. The compound annual growth rate (CAGR) over the forecasted period, from 2024 to 2028, stands at around 1.7%, highlighting a consistent upward trend in the industry's output value.

Future trends to watch for:

The impact of technological advancements such as AI and virtual production techniques, which could further increase efficiency and output.
Changing consumer consumption patterns, driven by increased reliance on streaming services and on-demand media.
Potential influence of regulatory changes and economic factors on production budgets and revenue streams.