In 2023, the number of enterprises in the UK's motion picture, video, and television program production sector stood at 23.08 thousand. From 2024 to 2028, the sector is expected to grow, reaching 25.93 thousand enterprises by 2028. This represents a Compounded Annual Growth Rate (CAGR) of approximately 2.34% over this period. Year-on-year growth is consistent, with a marked increase from 2024 through 2028.
Future trends to watch include:
- The increasing digitization of content production and distribution, impacting enterprise operations.
- Potential regulatory and policy changes within the UK affecting the media sector.
- The evolving consumer preferences toward streaming services, influencing traditional production models.