United Kingdom Television Market was valued at USD 5.19 billion in 2024 and is anticipated to grow USD 8.32 billion by 2030 with a CAGR of 8.24% during forecast period.

The United Kingdom television market reached around USD 5.80 Billion in 2024. The market is projected to grow at a CAGR of 2.10% between 2025 and 2034, reaching almost USD 7.14 Billion by 2034.

In 2024, spending on high-end TV projects in the United Kingdom surpassed 3.4 billion British pounds, up by 11 percent compared to the previous year. High-end TV (HETV) productions are drama, comedy, or documentary programs that cost at least one million British pounds for each broadcast or streaming hour. They also need to pass the cultural test to be approved for production. Some examples include "Outlander" (season 8), "Peaky Blinders: War aka The Immortal Man", "The Witcher" (season 4).

Following the switch to digital TV, the TV programming industry now has thousands of channels and is dominated by subscription packages. TV broadcasters have benefitted from the lower cost of operating channels online, though streaming services have intensified competition. The spread of channels across multiple platforms has offset a drop in ad spending on TV in the UK, which has weighed on the industry's revenue. With the proliferation of streaming services like Netflix, Disney+ and Amazon Prime Video, traditional broadcasters are feeling the heat. However, live TV and bundling TV with other services, like broadband, have supported subscription revenue. Revenue is projected to have fallen at a compound annual rate of 1.8% over the five years through 2025-26 to £10.7 billion. This is because the industry relies on linear advertising revenue and broadcast TV viewership, which have both taken a nosedive. Though major sports events have boosted the number of TV advertising slots, revenue is set to drop by 1.9% in 2025-26. More consumers are turning to streaming platforms for news and entertainment instead of traditional TV broadcasts. Even older viewers, once the bastion of traditional TV, are shifting towards streaming services, signalling an urgent need for broadcasters to innovate or risk fading into obscurity. Intense competition from streaming platforms has weighed on ad spending and dented profit over the five years through 2025-26. Over the five years through 2030-31, revenue is forecast to dip at a compound annual rate of 1.5% to £9.9 billion. Revenue growth from subscription services and a jump in the TV Licence fee will boost sales for now. However, with the planned abolition of the fee in 2027, public-funded broadcasters like the BBC will need to find alternative funding sources, introducing uncertainty into their future outlook. Second-screen engagement and internet-connected smart TVs will alter viewing experiences in the coming years, with advanced TV programmes and broadcasting technologies likely to emerge following the trend. However, as subscription video-on-demand (SVOD) services like Netflix incorporate more advertisements into their platforms, traditional TV broadcasters could lose advertising revenue. Netflix subscriptions for its ad-supported tier have trended upwards, and this trend could encourage companies and advertising agencies to move their advertising budget from traditional TV broadcasters to SVOD platforms in the coming years.

Over the forecast period until 2030, the revenue is forecast to exhibit fluctuations among the two segments. Only in the segment OTT Video, a significant increase can be observed over the forecast period. In this segment, the revenue exhibits a difference of ****** billion U.S. dollars between 2020 and 2030. Find further statistics on other topics such as a comparison of the average revenue per user in the United Kingdom and a comparison of the number of readers in Egypt. The Statista Market Insights cover a broad range of additional markets.

Market Size statistics on the Television Programme Production industry in the UK

Significant fluctuations are estimated for all segments over the forecast period for the revenue. The revenue is forecast to follow predominantly a negative trend. A closer examination reveals that the values decrease in more segments than they increase. For example, the segment Televisions experiences an exceptionally strong decrease at 2029, with a value of **** million U.S. dollars. Find further statistics on other topics such as a comparison of countries or regions regarding the revenue and a comparison of the revenue in Switzerland. The Statista Market Insights cover a broad range of additional markets.

United Kingdom OTT Media Services Market was valued at USD 14.34 billion in 2024 and is anticipated to grow USD 19.35 billion by 2030 with a CAGR of 5.18% during forecast period.

Learn about the forecasted growth of the television, video, and digital camera market in the UK over the next decade. Market performance is expected to expand at a moderate pace, with the market volume projected to reach 16M units and the market value anticipated to reach $1.2B by 2035.

Over the five years through 2025-26, revenue will contract at a compound annual rate of 3% to £6.8 billion. The industry is highly concentrated, with only four companies operating in the UK, which is representative of the high barriers of entry and the significant size of the four pay TV providers. The industry has been hampered by the increasing trend for non-linear viewing through free catch-up facilities from many public service broadcasters and the expanding number of subscription video on demand (SVOD) subscriptions, which have replaced traditional media channels. Pay TV providers stepped up their game, offering plenty of promotional and bundled offers to maintain customers. However, this has damaged profitability, as companies are pushed to battle against each other and SVODs. Pay TV providers have attempted to advance their technologies through new set-top boxes offering 4K ultra-high definition to entice package upgrades. In 2025-26, the success of external media platforms and the shrinking subscriber bases are expected to marginally dip revenue by 2.4%, as customers may choose to save money by cutting out spending on TV subscriptions. Industry revenue is forecast to continue to drop in the five years through 2030-31, albeit at the lower compound annual rate of 0.2% to reach £6.7 billion. Expansion is likely to be inhibited by the growth of more niche and specialised SVOD providers. Pay TV providers are anticipated to respond by offering greater flexibility to consumers, although some are set to move into SVOD provision, which may reduce demand for pay TV subscriptions. As a result, demand for TV programming is likely to contract, particularly among younger generations. The older demographic, coupled with big national and sporting events, remains a strong backbone for the Pay TV industry, helping to hold the fort.

The UK market for television, video, and digital cameras is expected to see continued growth over the next decade, with market performance forecasted to expand at a CAGR of +1.7% in volume and +6.2% in value from 2024 to 2035. By the end of 2035, the market is projected to reach 18M units and $2.2B in value, respectively.

Learn about the expected growth of the television, video, and digital camera market in the UK over the next decade. Market performance is forecasted to gradually increase, with a projected CAGR of +0.4% in volume terms and +0.7% in value terms. By 2035, the market volume is expected to reach 16M units and the market value to hit $1.2B.

The article discusses the growing demand for television, video, and digital cameras in the UK, leading to an expected upward consumption trend over the next decade. Market performance is projected to expand with a CAGR of +1.7% in volume and +6.2% in value from 2024 to 2035, reaching 18M units and $2.2B respectively by the end of 2035.

United Kingdom Teleshopping Market was valued at USD 3.56 Billion in 2024 and is expected to reach USD 5.78 Billion by 2030 with a CAGR of 7.45% during the forecast period.

Number of Businesses statistics on the Television Programme Production industry in the UK

The United Kingdom Animation, VFX and Post Production Market Report is Segmented by Animation Platform (Television and OTT, Films, Advertisement, Gaming, and Other Animation Platforms). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Statistics illustrates market overview of television receivers (including video monitors and projectors); combined or not in the same housing with radio-broadcast receivers, sound or video recording or reproducing apparatus in the United Kingdom from 2007 to 2024.

The revenue in the 'TV & Video' segment of the media market in the United Kingdom was modeled to stand at ************* U.S. dollars in 2024. Between 2017 and 2024, the revenue rose by ************ U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************ U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on TV & Video.

Market Size statistics on the Household Appliance & Television Wholesaling industry in the UK

Europe’s television broadcasting industry has undergone major changes in the last decade in response to the disruption to the market caused by video-on-demand services (VOD). These services have actively pushed audiences away from traditional linear programming, especially among younger people. Traditional television broadcasters are trying to rival streaming giants like Netflix and Disney+ by investing in their own online platforms. Broadcasters have significantly augmented investment in their online platforms, including RTL and ITV, both of which have relaunched their services in recent years. Overall, TV broadcasting revenue in Europe is projected to remain flat over the five years through 2025, at €95.6 billion, with an estimated 1.4% hike in 2025. Pay-TV businesses are facing the double whammy of shrinking subscriptions and advertising revenue. Disposable income has dropped across Europe and households are switching from TV subscriptions to streaming subscriptions. Sky Italia, an Italian pay-TV provider, announced 1,200 job cuts in 2023, following a loss of over 300,000 subscriptions in the previous year. Live sports broadcasts are now also facing the emerging threat of online platforms. Giants like Amazon have acquired live sports rights in various countries to compete against established sports TV channels. Organisers are even exploring direct online event distribution, as seen with F1 TV, which live-streams F1 races directly to consumers in over 100 countries. More competition in this segment is a major threat to what is a highly profitable market for broadcasters. Traditional broadcasters are finding ways to stay competitive and relevant. Advertisers are set to continue to prioritise investment in online marketing, which yields better returns and curbs revenue for commercial broadcasters. Beyond investing in their own VOD platforms, French broadcasters are stepping up their game in terms of picture quality. By 2029, French broadcasters aim to discontinue terrestrial HD broadcasting, fully embracing the superior Ultra-HD, which would put them on par with Subscription Video on Demand (SVOD) capabilities. Evolving TV broadcasting is projected to support revenue growth at a compound annual rate of 4.2% over the five years through 2030, reaching €117.3 billion.