The value added of audiovisual and broadcasting in the Netherlands showed consistent growth from 2013 to 2023, reaching 2.77 billion Euros in 2023. Over the period, there were fluctuations; notable increases were observed in 2014 (9.42%), 2016 (4.76%), and 2019 (9.1%), while minor stagnations occurred in 2018 (0.12%) and a slight decline in 2020 (-0.15%). The compound annual growth rate (CAGR) for the period from 2015 to 2023 averaged around 2.85%.
Year-over-year variations for the last two years were modest, with a 1.83% increase in 2022 and a 1.76% increase in 2023. Looking forward to the forecasted data, the industry is expected to experience a slower yet steady growth with a forecasted 5-year CAGR of 1.38%, culminating in a value of 3.02 billion Euros by 2028. This indicates a long-term growth rate of 7.08% over the next five years.
Future trends to watch for include:
- The adoption of new digital broadcasting technologies.
- Increased digital content consumption driven by changing consumer preferences.
- Potential impacts of regulatory changes on the audiovisual and broadcasting sector.
