In 2023, the turnover in the Television Programming and Broadcasting Activities sector in the UK stood at 17.7 billion pounds sterling. The forecast data from 2024 through 2028 show a consistent year-on-year growth trend in turnover:
- 2024: 18.15 billion pounds (+2.54% YoY)
- 2025: 18.67 billion pounds (+2.87% YoY)
- 2026: 19.18 billion pounds (+2.73% YoY)
- 2027: 19.67 billion pounds (+2.56% YoY)
- 2028: 20.16 billion pounds (+2.49% YoY)
Over the next five years, the Compound Annual Growth Rate (CAGR) is forecasted to be approximately 2.64% per year.
Future trends to watch for include the impact of digital transformation, the influence of streaming services on traditional broadcasting, and the adoption of advanced technologies like AI and VR in content creation and delivery, which could further drive growth in the sector.
