Find stats on top websites

Industry Landscape

The strategic communications industry is currently experiencing significant transformation, driven by digital disruption, the rise of social media, and increasing demands for transparency and ESG reporting. Firms are evolving to offer integrated, data-driven solutions, expanding beyond traditional PR to encompass comprehensive reputation management, public affairs, and digital engagement. Global reach and specialized expertise in navigating complex regulatory and geopolitical landscapes are paramount.

Industries:
Public RelationsPublic AffairsReputation ManagementCrisis CommunicationsDigital Advocacy

Total Assets Under Management (AUM)

Public Relations Agency Revenue in Spain

~Undisclosed

(5-7% CAGR)

Growth driven by: Increased demand for digital PR services. Growing need for crisis and reputation management. Expansion into specialized sectors like ESG communications.

Total Addressable Market

Approximately 1.5 billion

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies

AI-Powered Analytics

Utilizing artificial intelligence and machine learning to analyze vast datasets for sentiment analysis, trend prediction, and audience insights to inform communication strategies.

Blockchain for Trust & Transparency

Employing blockchain technology to verify the authenticity of information, track content provenance, and enhance transparency in ESG reporting and corporate communications.

Immersive Experiences (VR/AR)

Leveraging virtual and augmented reality for enhanced stakeholder engagement, crisis simulations, and interactive brand storytelling.

Impactful Policy Frameworks

Ley 11/2023, de 8 de mayo, de protección de los denunciantes de infracciones normativas y de lucha contra la corrupción (Whistleblower Protection Law 2023)

This law implements the EU Whistleblower Protection Directive, requiring companies with 50+ employees to establish internal channels for reporting legal infringements and protecting whistleblowers.

This policy increases the need for robust internal communications and crisis management services for companies in Spain to manage potential reputational risks arising from whistleblower reports.

Reglamento (UE) 2023/2854 relativo a normas armonizadas sobre un acceso justo a los datos y su utilización (Data Act 2023)

The EU Data Act establishes harmonized rules on fair access to and use of data generated by connected products and related services, impacting data sharing and transparency.

This policy will require companies to communicate more transparently about their data practices and potentially affect the availability and use of data for strategic communications insights.

Directiva (UE) 2024/825 relativa a la capacitación de los consumidores para la transición ecológica mediante una mejor protección contra las prácticas desleales y una mejor información (Green Claims Directive 2024)

This directive aims to protect consumers from misleading environmental claims (greenwashing) and sets clearer rules for companies making sustainability claims.

This policy will significantly impact how companies communicate their ESG efforts, requiring LLYC to advise clients on more precise, verifiable, and transparent environmental claims to avoid legal and reputational backlash.

Transform Your Ideas into Action in Minutes with WaxWing

Sign up now and unleash the power of AI for your business growth