Product Code: CMI4283
Global podcasting market is estimated to be valued at US$ 25.62 Bn in 2024 and is expected to reach US$ 135.13 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 26.8% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 25.62 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
26.80% |
2031 Value Projection: |
US$ 135.13 Bn |
Figure. Podcasting Market Share (%), By Region 2024
Podcasting involves the distribution of audio programs or video programs through the internet for digital audio players and mobile devices. Global podcasting market growth is driven by factors like increasing popularity of on-demand audio streaming, rising adoption of smartphones and mobile applications, and easy availability of free podcast content covering diverse topics of interest such as news, music, education and others. As more people consume content on mobile devices while commuting or engaging in other activities, there is huge popularity of podcasts as an innovative digital audio medium.
Market Dynamics:
Global podcasting market growth is driven by rising availability of free podcast content across diverse genres coupled with the easy accessibility of podcasts through podcast apps and platforms. Increasing smartphone penetration worldwide and the availability of high-speed internet connectivity is expected to drive the podcasting market growth. Podcasts offer an engaging and convenient medium for content consumption while travelling or multi-tasking. However, widespread copyright issues associated with podcast content and lack of standardized monetization models can hamper the market growth. The entry of established media players and tech giants into the podcast business can offer opportunities for market expansion through strategic investments and partnerships.
Key features of the study:
- This report provides in-depth analysis of the global podcasting market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global podcasting market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Acast, Amazon.com, Inc., Alphabet Inc., Apple Inc., Audioboom Group Plc, Automattic Inc, Audacy Inc., iHeartMedia Inc., Megaphone LLC, Pandora Media, LLC, SoundCloud Limited, Spotify AB, Stitcher, TuneIn, Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- Global podcasting market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global podcasting market.
Detailed Segmentation:
- Genre Insights (Revenue, US$ Bn, 2019 - 2031)
- News & Politics
- Society & Culture
- Comedy
- Sports
- Others
- Format Insights (Revenue, US$ Bn, 2019 - 2031)
- Interviews
- Panels
- Solo
- Repurposed Content
- Conversational
- Regional Insights (Revenue, US$ Bn, 2019 - 2031)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Key Players Insights
- Acast
- Amazon.com, Inc.
- Alphabet Inc.
- Apple Inc.
- Audioboom Group Plc
- Automattic Inc
- Audacy Inc.
- iHeartMedia Inc.
- Megaphone LLC
- Pandora Media, LLC
- SoundCloud Limited
- Spotify AB
- Stitcher
- TuneIn, Inc.
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Genre
- Market Snippet, By Format
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New System Launch/Approvals
- Impact of COVID-19 Pandemic
4. Global Podcasting Market, By Genre, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- News & Politics
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Society & Culture
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Comedy
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Sports
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
5. Global Podcasting Market, By Format, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Interviews
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Panels
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Solo
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Repurposed Content
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Conversational
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
6. Global Podcasting Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- North America
- Regional Trends
- Market Size and Forecast, By Genre, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Format, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Europe
- Regional Trends
- Market Size and Forecast, By Genre, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Format, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- U.K.
- Germany
- France
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Genre, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Format, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Genre, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Format, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Genre, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Format, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- South Africa
- GCC Countries
- Rest of the Middle East & Africa
7. Competitive Landscape
- Company Profiles
- Acast
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Amazon.com, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Alphabet Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Apple Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Audioboom Group Plc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Automattic Inc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Audacy Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- iHeartMedia Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Megaphone LLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Pandora Media, LLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- SoundCloud Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Spotify AB
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Stitcher
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- TuneIn, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
8. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
9. Reference and Research Methodology
- References
- Research Methodology
- About us and Sales Contact