The number of employees in the radio broadcasting sector in Denmark has exhibited substantial fluctuations over the past decade. From 2013 to 2023, the employee count showed a significant peak in 2020 at 394 employees, driven by a 20.86% year-on-year increase. However, this trend reversed sharply by 2021, with a 31.98% decline, continuing to decrease steadily to reach 243 employees by 2023, indicating a 4.71% year-on-year decline.
Looking at a longer period, the forecasted data for 2024 to 2028 shows a consistent decline, with anticipated numbers decreasing from 230 in 2024 to 184 in 2028, reflecting a five-year CAGR of -4.36% and a forecasted five-year growth rate of -20%.
Future trends to watch:
- Potential impact of digital transformation and technological advancements on reducing workforce requirements.
- The influence of podcast and streaming services on traditional radio broadcasting employment.
- Economic factors and potential industry consolidation impacting employment levels.