All in all, the cultural and creative sectors account for 413 billion euro (5,5%) in terms of value added. The sector employs on average 6.2% of the workforce and 12.1% of companies are active within the sector. The publication Market Analysis of the Cultural and Creative Sectors in Europe also analyses recent trends and developments:
- Cultural heritage institutions are expanding their digital offers to enhance user experience and attract new audiences.
- Access and reuse of digital content can generate additional revenue streams for heritage institutions.
- Beyond its cultural and social value, cultural heritage drives territorial development and job creation in a variety of economic sectors.
- European local authorities are diversifying investment in their cultural heritage resources to increase territorial attractiveness.