PwC Switzerland
Swiss Entertainment and Media Market Outlook 2024–2028
Pages
16
Time to read
25 mins
Publication
Language
English
Pages
16
Time to read
25 mins
Publication
Language
English
This report serves as an executive summary of the Swiss Entertainment and Media (E&M) market outlook for the years 2024 to 2028. It details the steady but slow growth of the E&M industry in Switzerland, which saw a 1.7% year-on-year revenue increase in 2023, amounting to CHF 21.4 billion. The growth is attributed to the recovery of segments such as live music and trade shows post-COVID-19, alongside shifts in consumer behavior towards streaming services. However, challenges such as inflation and rising living costs are expected to hinder growth, with a projected compound annual growth rate (CAGR) of 1.1% leading to total revenue of CHF 22.6 billion by 2028. The report outlines the performance of various segments, highlighting VR and AR as the fastest-growing, and discusses future opportunities in generative AI within the E&M market. It also notes the decline in print media and traditional TV revenues, emphasizing the ongoing shift towards digital platforms.