DUBLIN--(BUSINESS WIRE)--The "Global Podcasting Market by Genre, by Formats, by Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
The Global Podcasting Market size is expected to reach $41.8 billion by 2026, rising at a market growth of 24.6% CAGR during the forecast period. Podcasts are a series of verbally expressed word audio documents that can be downloaded by means of the internet on playback devices. The simple availability of Podcasts during travel times and performing multiple tasks, for example, strolling, planting, working out, or cleaning, drive the market development.
The prevalence of this audio broadcasting content was a progressive procedure since its beginning in the early 2000s. This audio content was available just on iPods, media players, PCs, and laptops, with just radio shows being changed over in podcasts. The slow web speed and low storage space issues ruined this current industry's development in those days as clients battled to stream Podcasts on their cell phones. However, the arrival of cell phones, high bandwidth, and recently, personal digital assistants has made the progress for this industry and has changed from niche media to standard music mediums.
While the market is still in its early stage, it has seen massive development in both production volume and utilization over the previous decade. As indicated by a report published by the New York City legal body, New York, known as the focal point of this industry, recorded 42.0 million weekly listeners in 2017. Since the market for podcasts is adjusted to follow present-day consumption patterns, it is anticipated to become exponentially over the forecast period due to the popularity of promptly accessible entertainment content.
The COVID-19 episode has prompted expanded guidelines on venturing out of homes and assembling at public spots. This outbreak has decidedly affected the already emerging market for Podcasts; clients pick to tune in to streaming channels when doing their family tasks or when working from home. While podcast utilization is straightforwardly related to commuting practices, the shortening of drive times because of less traffic has diminished the listening extents. Nonetheless, the Podcast industry has accomplished opportunities because of the unexpected rise in in-home media consumption during this outbreak.
- Amazon.com, Inc.
- Apple, Inc.
- Sirius XM Holdings, Inc. (Pandora Media, Inc.)
- Spotify Technologies S.A.
- Entercom Communications Corporation (Radio.com)
- The Adecco Group
- iHeartMedia, Inc. (Thomas H. Lee Partners)
- TuneIn, Inc.
- Megaphone LLC (The Slate Group)
- SoundCloud Ltd.
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Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Jul - 2020, Jul) Leading Players
Chapter 4. Global Podcasting Market by Genre
4.1 Global News & Politics Podcasting Market by Region
4.2 Global Comedy Podcasting Market by Region
4.3 Global Society & Culture Podcasting Market by Region
4.4 Global Sports Podcasting Market by Region
4.5 Global Other Genre Podcasting Market by Region
Chapter 5. Global Podcasting Market by Formats
5.1 Global Interview Podcasting Market by Region
5.2 Global Panels Podcasting Market by Region
5.3 Global Conversational Podcasting Market by Region
5.4 Global Solo Podcasting Market by Region
5.5 Global Others Podcasting Market by Region
Chapter 6. Global Podcasting Market by Region
6.1 North America Podcasting Market
6.2 Europe Podcasting Market
6.3 Asia Pacific Podcasting Market
6.4 LAMEA Podcasting Market
Chapter 7. Company Profiles
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