2022 sees $1.4 trillion in creative services exports, up 29%, with digitalization and AI driving growth, as per UNCTAD's Creative Economy Outlook 2024.

The UNCTAD's Creative Economy Outlook 2024 reveals robust growth in the creative economy, with exports of creative services rising 29% to $1.4 trillion in 2022, while creative goods exports increased 19% to $713 billion. Digitalization, particularly through AI, drives this transformation, with software services comprising 41.3% of creative exports. However, challenges like copyright issues and market monopolization necessitate strong regulatory frameworks to ensure equitable benefits.

October 05, 2024
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