PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1719346
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1719346
U.S. Internet Radio Broadcasting Market Size & Share Analysis - Emerging Trends, Growth Opportunities, Competitive Landscape, and Forecasts (2025 - 2032)
The U.S. internet radio broadcasting market is projected to grow from USD 720.1 million in 2024 to USD 1.6 billion by 2032, at a compound annual growth rate (CAGR) of 10.7%. This growth is driven by the increasing popularity of streaming content and advancements in digital broadcasting infrastructure. With over 95% of U.S. residents expected to have access to the internet and smartphones, more consumers are accessing internet radio through devices like smartphones, smart speakers, and connected cars. Enhanced connectivity and the shift from traditional radio to internet-based platforms are key factors contributing to the market's expansion.
Key Insights
Podcasting is the fastest-growing segment, expected to grow at a CAGR of 11.2%, fueled by demand for on-demand audio content. Major platforms like Spotify, Apple, and Amazon are heavily investing in podcasts, enhancing content and monetization strategies.
The smartphones & tablets segment dominates the market with 45% of the share, driven by mobile internet usage and the convenience of streaming radio on the go.
Smart speakers, such as Amazon Echo and Google Home, are the fastest-growing device category, thanks to voice command functionalities and the rise of smart home ecosystems, making it easier for users to access radio content hands-free.
The South leads the market with 38% of the share due to its diverse media consumption patterns and high audience engagement, particularly in cities like Houston, Dallas, and Miami. The West is the fastest-growing region, attributed to higher technological awareness and internet penetration.
The on-demand music streaming segment remains the largest, driven by continuous consumer demand for personalized music playlists and content availability across multiple platforms.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market Size Breakdown, by Service Type
- 1.4.2. Market Size Breakdown, by Device Type
- 1.4.3. Market Size Breakdown, by Revenue Model
- 1.4.4. Market Size Breakdown, by End-User
- 1.5. Market Data Reporting Unit
- 1.5.1. Revenue
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence Database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Industry Background
- 5.2. Market Dynamics
- 5.2.1. Trends
- 5.2.2. Drivers
- 5.2.3. Restraints/Challenges
- 5.2.4. Emerging Economies and Key Opportunities
- 5.2.5. Impact Analysis of Drivers/Restraints
- 5.3. Impact of COVID-19
- 5.4. Sociopolitical Impact
- 5.5. Porter's Five Forces Analysis
- 5.5.1. Bargaining Power of Buyers
- 5.5.2. Bargaining Power of Suppliers
- 5.5.3. Threat of New Entrants
- 5.5.4. Intensity of Rivalry
- 5.5.5. Threat of Substitutes
- 5.6. Market Entry Strategies
Chapter 6. Competitive Landscape
- 6.1. List of Market Players and their Offerings
- 6.2. Market Share of Key Players (2024)
- 6.3. Competitive Benchmarking of Key Players
- 6.4. Product Benchmarking of Key Players
- 6.5. Recent Strategic Developments by Key Players
- 6.6. Company Leadership Matrix
Chapter 7. U.S. Market
- 7.1. Overview
- 7.2. Market Revenue, by Service Type (2019-2032)
- 7.3. Market Revenue, by Device Type (2019-2032)
- 7.4. Market Revenue, by Revenue Model (2019-2032)
- 7.5. Market Revenue, by End-User (2019-2032)
- 7.6. Market Revenue, by Region (2019-2032)
Chapter 8. Company Profiles
Chapter 9. Appendix
- 9.1. Sources and References
- 9.2. Related Reports
