PUBLISHER: The Business Research Company | PRODUCT CODE: 1261842
PUBLISHER: The Business Research Company | PRODUCT CODE: 1261842
“Radio Broadcasting Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on radio broadcasting market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for radio broadcasting? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The radio broadcasting market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Major companies in the radio broadcasting market include: Liberty Media Corporation, Sirius XM Holdings Inc., iHeartMedia Inc., The Walt Disney Company, Bouygues SA, Entercom Communications Corporation, Cumulus Media, Inc., FUJI MEDIA HOLDINGS Inc., Netease Inc., Nine Entertainment Co., and Holdings Limited.
The global radio broadcasting market grew from $136.29 billion in 2022 to $143.29 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The radio broadcasting market is expected to grow to $170.46 billion in 2027 at a CAGR of 4.4%.
The radio broadcasting market includes revenues earned by entities by operating broadcast studios and facilities for over-the-air or satellite delivery of radio programs, which may include entertainment, news, talk shows, business data, or religious services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The radio broadcasting market is segmented into radio station and radio network.
Radio broadcasting refers to a one-way wireless communication using radio waves that aims to reach a large audience.
Western Europe was the largest region in radio broadcasting in 2021. Eastern Europe is expected to be the fastest growing region in the forecast period. The regions covered in the radio broadcasting report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The main types of radio broadcasting are AM, FM, satellite radio, and HD radio. Amplitude modulation is a modulation technology employed in electronic communication, mainly notably for radio wave transmission of data. The different types of broadcasters include public, commercial and involve various frequency bands such as very-low-frequency, low frequency, medium frequency.
Internet radio services are becoming popular as they provide better sound quality, music search tools, and offer genre-specific channels to listeners online. Internet radio, also known as web-radio technology or webcasting, uses the internet as a medium of distribution for broadcasting instead of traditional radio waves, which are limited by the power of the station's transmitter and available broadcast options. Internet radio provides access to radio stations and live events from across the world, which is not possible through traditional radio broadcasting. Major companies providing internet radio are Pandora Media Inc., Spotify, Tune-In, and Slacker.
The countries covered in the radio broadcasting market report are: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The radio broadcasting market research report is one of a series of new reports from The Business Research Company that provides radio broadcasting market statistics, including radio broadcasting industry global market size, regional shares, competitors with a radio broadcasting market share, detailed radio broadcasting market segments, market trends and opportunities, and any further data you may need to thrive in the radio broadcasting industry. This radio broadcasting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.