Employment in the Programming and Broadcasting Activities sector in Italy experienced a sharp decline from 2013 to 2023, starting at 22.11 thousand full-time equivalents in 2013 and plummeting to 7.22 thousand in 2023. The sector's decline intensified in recent years, with notable drops in 2021 (-19.81%) and 2023 (-14.01%), ending with a concerning CAGR of -9.49% over the last five years. The forecast predicts a severe downturn, with employment expected to decrease further to just 1.51 thousand by 2028, indicating a forecasted CAGR of -24.25% over the next five years.
Future trends to watch for:
- Further consolidation and technological automation potentially driving employment down.
- Shifts in consumer behavior and demand for digital content possibly affecting job creation.
- Potential government interventions or policy changes aimed at revitalizing the sector.