Global Radio Broadcasting Market
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Global Radio Broadcasting Market Overview And Prospects

Learn about the global radio broadcasting market through The Business Research Company, which provides information on radio broadcasting market size, radio broadcasting market drivers and restraints, radio broadcasting market players, the COVID-19 impact on the radio broadcasting market, and more.      

The global radio broadcasting market is expected to grow from $100 billion in 2020 to $113.59 billion in 2021 at a compound annual growth rate (CAGR) of 13.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $137.72 billion in 2025 at a CAGR of 5%.

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The radio broadcasting market consists of revenues generated from sales of radio programs and air time to advertisers, and from donations and subsidies, earned by entities (organizations, sole traders and partnerships) that operate 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.

Global Radio Broadcasting Market Segments Include:

By Type: Radio Station, Radio Network

By Broadcaster Type: Public, Commercial

By Type: AM, FM, Satellite Radio, HD Radio

By Frequency Bands: Very-Low Frequency, Low Frequency, Medium Frequency

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe was the largest region in the global radio broadcasting market, accounting for 50% of the market in 2020.

Internet radio services are becoming popular as they provide better sound quality, music search tool 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, that are limited by power of 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.

TBRC’s radio broadcasting market report covers:

Major Market Players: iHeartMedia, Cumulus Media, Walt Disney, Sirius XM Radio Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Radio Broadcasting Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides radio broadcasting market overviews, analyses and forecasts market size, share, radio broadcasting market players, radio broadcasting market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s radio broadcasting market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Radio Advertising Global Market Report 2021

TV And Radio Broadcasting Global Market Report 2021

Radio Station Global Market Report 2021

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