The Media and Entertainment sector in France documented significant fluctuations over the past decade. In 2023, employee activity stood at 320.63 million hours. Notably, there was a substantial decrease in 2020 (-8.07%), likely due to the pandemic, followed by a remarkable rebound in 2021 (13.4%). The annual growth rate in the last five years averaged 1.41%, demonstrating resilience and gradual recovery. Forecasts for 2024 to 2028 suggest moderate but steady growth, with an average annual increase of 0.47% and an overall growth rate of 2.36% by 2028.
Future trends to watch for:
- Increasing digital transformation and streaming services
- Rapid advancements in virtual and augmented reality
- Shifts in consumer behavior and content consumption patterns
- Regulatory changes and their impact on employment
