In 2023, Ireland's Media and Entertainment sector showed a robust increase, while Germany experienced a slight decline. France and Spain displayed moderate growth, and Italy saw a small decrease. Austria and Greece enjoyed marginal rises, with Greece leading in percentage terms. Smaller markets like Estonia and Malta recorded significant growth from their smaller bases. On the whole, Europe's media landscape demonstrated a mixed set of trends indicating both growth opportunities and challenges.
Looking ahead, digitalization, streaming technologies, and strengthening creative industries in emerging markets will likely shape the future of the European Media and Entertainment sector. Key trends to monitor include the increasing role of AI in content creation and localization, as well as the competitive pressure in OTT platforms across Europe.
Top countries in Media and Entertainment Gross Value Added Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 39.39 | 2023 | +16.05% | +22.56% | View data |
| 2 | 2 Germany | 22.13 | 2023 | +0.6% | -1.36% | View data |
| 3 | 3 France | 21.3 | 2023 | +2.95% | +0.51% | View data |
| 4 | 4 Spain | 6.56 | 2023 | +1.9% | +1.58% | View data |
| 5 | 5 Italy | 6.47 | 2023 | -0.29% | -1.05% | View data |
| 6 | 6 Austria | 1.99 | 2023 | +0.71% | +1.37% | View data |
| 7 | 7 Greece | 0.73 | 2023 | +4.69% | +5.03% | View data |
| 8 | 8 Slovakia | 0.45 | 2023 | -2.99% | +2.01% | View data |
| 9 | 9 Croatia | 0.31 | 2023 | +0.68% | +1.81% | View data |
| 10 | 10 Luxembourg | 0.27 | 2023 | +6.79% | +0.081% | View data |
