Forecast: Production of Audiovisual and Broadcasting in Austria

In 2023, the production of audiovisual and broadcasting in Austria stood at €3.36 billion. The industry has shown fluctuations over the past decade, experiencing significant drops in 2020 due to external factors, but steadily rebounding to a stronger position by 2023. Year-on-year growth was 1.87% in 2023, with a compounded annual growth rate (CAGR) of 2.33% over the last five years.

Moving forward, from 2024 to 2028, the industry is forecasted to grow at an average annual rate of 1.44%, with an overall growth rate of 7.41% by 2028. It is crucial to observe the following future trends:

  • Technological advancements, particularly in streaming and on-demand services, influencing production practices and distribution.
  • Shifts in consumer behavior towards digital and mobile consumption impacting traditional broadcast channels.
  • Policy changes and regulatory frameworks that could affect the industry's growth trajectory.

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