Podcasting Market 2018-2028 By Size, Share, and Forecast

Report Description

Forecast Period	2024-2028
Market Size (2022)	USD19.42 Billion
CAGR (2023-2028)	25.34%
Fastest Growing Segment	News Genre
Largest Market	North America

The global podcasting market is witnessing high demand and is anticipated to grow significantly owing to the increasing number of smartphone users and rising internet penetration in different countries. Moreover, the increased demand for regional content and the rising popularity of podcasts through social media platforms will boost the global podcasting market.

A digital audio recording that can be downloaded or played online is referred to as a podcast. Podcasts have developed beyond being downloaded radio shows to become a prevalent form of audio entertainment. Each podcast is a series produced by a host and then made available online, episode by episode, for subscribers to download and listen to as they are released. Podcasts are an accessible approach for content producers to communicate with an audience, in contrast to more conventional content production techniques such as TV and radio programs. Moreover, podcasts still need to be regulated. Hence, podcasters can hold a broadcasting license to distribute their episodes. Anyone with a microphone, recording software, and a hosting platform subscription can start their podcast.

Furthermore, the increasing penetration of smartphones, laptops, and tablets in different countries drives the global podcasting market. According to the report “Computer and Internet use in the United States: 2018” by the United States Census Bureau, 84% of households had smartphones, compared to 78% that had a desktop or laptop.

The use of blockchain, artificial intelligence (AI), and Internet of Things (IoT) technologies has dramatically impacted market expansion. Additionally, the podcast industry is expected to expand due to integrating innovative technologies into modernized transcription technology and paid podcast events.

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Increasing Podcast Creation is Fueling the Market's Expansion

Global podcasting is witnessing high demand due to the increasing popularity of podcasting across various regions with the availability of regional content. Globally there are around 2.4 million podcasts with over 66 million episodes between them and more than 120 million podcast listeners in the United States. Moreover, according to an article published by Forbes, around 4 million podcasts are available on Spotify AB.

Rising Internet Penetration and Low-Cost Internet is Driving the Market Growth

As per the data provided by the World Bank, around 60% of the world's population has internet access. Moreover, the declining price of the internet is giving consumer affordability to browse more on the internet. As per the data published by Firstpost in their article, Israel has the cheapest internet availability with an average cost of one GB of data at USD 0.04. Additionally, the article mentioned that a nation with superior 4G or 5G infrastructure typically offers more affordable mobile data. Mobile data is more prevalent in countries with little or no fixed-line broadband availability. In such circumstances, a user can only access the internet via mobile data. High demand and many competing service providers may lead to incredibly affordable data plans. Thus, the increasing presence of low-cost internet and rising internet penetration will drive the global podcasting market.

Rise in Podcast Preference Over Other Media to Fuel Market Growth

Podcasts can be listened to while a consumer is engaged in a routine activity such as walking, exercising, driving, cleaning, or gardening, in addition to the convenience of making better use of downtime on public transportation or in a doctor's waiting room. It is simple to recognize the similarities to radio, the preferred medium for listening to music and news before the emergence of podcasts. Consuming audio information tailored to preferences or needs is simple because of the on-demand availability and extensive choice of content. Podcasts are a terrific way to add education, productivity, or entertainment to any daily routine.

Market Segmentation

The global podcasting market is segmented into genre and format. On the basis of genre, the market is segmented into news, comedy, sports, society & culture, health & fitness, business, etc. Furthermore, based on format, the market is segmented into interview, solo, conversational, and repurposed content, and others include panels, hybrid, etc., On the basis of region, the market is divided into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

Company Profiles

Stitcher Media LLC, TuneIn, Inc., SoundCloud Global Limited & Co., Audacy, Inc., iHeartMedia Inc., Apple, Inc., Pandora Media, Inc., Amazon.com, Inc., Liberated Syndication Inc., and Podbean Tech, LLC are among the major market players that are leading the market growth of the global podcasting market.

Attribute	Details
Base Year	2022
Historical Years	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Billion and CAGR for 2018-2022 and 2023-2028
Report Coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	Genre Format Region
Regional Scope	North America, Europe, Asia-Pacific, Middle East & Africa and South America
Country Scope	United States, Canada, Mexico, France, Germany, Spain, Netherlands, United Kingdom, China, India, Japan, Vietnam, South Korea, Indonesia, Saudi Arabia, South Africa, UAE, Turkey, Brazil, Argentina, Colombia
Key Companies Profiled	Stitcher Media LLC, TuneIn, Inc., SoundCloud Global Limited & Co., Audacy, Inc., iHeartMedia Inc., Apple, Inc., Pandora Media, Inc., Amazon.com, Inc., Liberated Syndication Inc., Podbean Tech LLC
Customization Scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and Purchase Options	Avail of customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

Report Scope:

In this report, the global podcasting market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Global Podcasting Market, By Genre:

News
Comedy
Sports
Society & Culture
Others

Global Podcasting Market, By Format:

Interview
Solo
Conversational
Repurposed Content
Others

Global Podcasting Market, By Region:

North America

United States
Canada
Mexico

Europe

France
Germany
Spain
Netherlands
United Kingdom

Asia-Pacific

China
India
Japan
Vietnam
South Korea
Indonesia

Middle East & Africa

Saudi Arabia
South Africa
UAE
Turkey

South America

Brazil
Argentina
Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global podcasting market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Introduction

1.1. Market Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Global Podcasting Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value

4.2. Market Share & Forecast

4.2.1. By Genre Market Share Analysis (News, Comedy, Sports, Society & Culture, Other (Health & Fitness, Business))

4.2.2. By Format Market Share Analysis (Interview, Solo, Conversational, Repurposed Content, Others (Panels, Hybrid))

4.2.3. By Regional Market Share Analysis

4.2.3.1. North America Market Analysis

4.2.3.2. South America Market Analysis

4.2.3.3. Middle East & Africa Market Analysis

4.2.3.4. Europe Market Analysis

4.2.3.5. Asia-Pacific Market Analysis

4.2.4. By Top 5 Companies Market Share Analysis, Others (2022)

4.3. Global Podcasting Market Mapping & Opportunity Assessment

4.3.1. By Genre Market Mapping & Opportunity Assessment

4.3.2. By Format Market Mapping & Opportunity Assessment

5. North America Podcasting Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Genre Market Share Analysis

5.2.2. By Format Market Share Analysis

5.2.3. By Country Market Share Analysis

5.2.3.1. United States Podcasting Market Outlook

5.2.3.1.1. Market Size & Forecast

5.2.3.1.1.1. By Value

5.2.3.1.2. Market Share & Forecast

5.2.3.1.2.1. By Genre Market Share Analysis

5.2.3.1.2.2. By Format Market Share Analysis

5.2.3.2. Canada Podcasting Market Outlook

5.2.3.2.1. Market Size & Forecast

5.2.3.2.1.1. By Value

5.2.3.2.2. Market Share & Forecast

5.2.3.2.2.1. By Genre Market Share Analysis

5.2.3.2.2.2. By Format Market Share Analysis

5.2.3.3. Mexico Podcasting Market Outlook

5.2.3.3.1. Market Size & Forecast

5.2.3.3.1.1. By Value

5.2.3.3.2. Market Share & Forecast

5.2.3.3.2.1. By Genre Market Share Analysis

5.2.3.3.2.2. By Format Market Share Analysis

6. Europe Podcasting Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Genre Market Share Analysis

6.2.2. By Format Market Share Analysis

6.2.3. By Country Market Share Analysis

6.2.3.1. France Podcasting Market Outlook

6.2.3.1.1. Market Size & Forecast

6.2.3.1.1.1. By Value

6.2.3.1.2. Market Share & Forecast

6.2.3.1.2.1. By Genre Market Share Analysis

6.2.3.1.2.2. By Format Market Share Analysis

6.2.3.2. Germany Podcasting Market Outlook

6.2.3.2.1. Market Size & Forecast

6.2.3.2.1.1. By Value

6.2.3.2.2. Market Share & Forecast

6.2.3.2.2.1. By Genre Market Share Analysis

6.2.3.2.2.2. By Format Market Share Analysis

6.2.3.3. Spain Podcasting Market Outlook

6.2.3.3.1. Market Size & Forecast

6.2.3.3.1.1. By Value

6.2.3.3.2. Market Share & Forecast

6.2.3.3.2.1. By Genre Market Share Analysis

6.2.3.3.2.2. By Format Market Share Analysis

6.2.3.4. Netherlands Podcasting Market Outlook

6.2.3.4.1. Market Size & Forecast

6.2.3.4.1.1. By Value

6.2.3.4.2. Market Share & Forecast

6.2.3.4.2.1. By Genre Market Share Analysis

6.2.3.4.2.2. By Format Market Share Analysis

6.2.3.5. United Kingdom Podcasting Market Outlook

6.2.3.5.1. Market Size & Forecast

6.2.3.5.1.1. By Value

6.2.3.5.2. Market Share & Forecast

6.2.3.5.2.1. By Genre Market Share Analysis

6.2.3.5.2.2. By Format Market Share Analysis

7. Asia-Pacific Podcasting Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Genre Market Share Analysis

7.2.2. By Format Market Share Analysis

7.2.3. By Country Market Share Analysis

7.2.3.1. China Podcasting Market Outlook

7.2.3.1.1. Market Size & Forecast

7.2.3.1.1.1. By Value

7.2.3.1.2. Market Share & Forecast

7.2.3.1.2.1. By Genre Market Share Analysis

7.2.3.1.2.2. By Format Market Share Analysis

7.2.3.2. Japan Podcasting Market Outlook

7.2.3.2.1. Market Size & Forecast

7.2.3.2.1.1. By Value

7.2.3.2.2. Market Share & Forecast

7.2.3.2.2.1. By Genre Market Share Analysis

7.2.3.2.2.2. By Format Market Share Analysis

7.2.3.3. India Podcasting Market Outlook

7.2.3.3.1. Market Size & Forecast

7.2.3.3.1.1. By Value

7.2.3.3.2. Market Share & Forecast

7.2.3.3.2.1. By Genre Market Share Analysis

7.2.3.3.2.2. By Format Market Share Analysis

7.2.3.4. Vietnam Podcasting Market Outlook

7.2.3.4.1. Market Size & Forecast

7.2.3.4.1.1. By Value

7.2.3.4.2. Market Share & Forecast

7.2.3.4.2.1. By Genre Market Share Analysis

7.2.3.4.2.2. By Format Market Share Analysis

7.2.3.5. South Korea Podcasting Market Outlook

7.2.3.5.1. Market Size & Forecast

7.2.3.5.1.1. By Value

7.2.3.5.2. Market Share & Forecast

7.2.3.5.2.1. By Genre Market Share Analysis

7.2.3.5.2.2. By Format Market Share Analysis

8. Middle East & Africa Podcasting Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Genre Market Share Analysis

8.2.2. By Format Market Share Analysis

8.2.3. By Country Market Share Analysis

8.2.3.1. South Africa Podcasting Market Outlook

8.2.3.1.1. Market Size & Forecast

8.2.3.1.1.1. By Value

8.2.3.1.2. Market Share & Forecast

8.2.3.1.2.1. By Genre Market Share Analysis

8.2.3.1.2.2. By Format Market Share Analysis

8.2.3.2. Saudi Arabia Podcasting Market Outlook

8.2.3.2.1. Market Size & Forecast

8.2.3.2.1.1. By Value

8.2.3.2.2. Market Share & Forecast

8.2.3.2.2.1. By Genre Market Share Analysis

8.2.3.2.2.2. By Format Market Share Analysis

8.2.3.3. UAE Podcasting Market Outlook

8.2.3.3.1. Market Size & Forecast

8.2.3.3.1.1. By Value

8.2.3.3.2. Market Share & Forecast

8.2.3.3.2.1. By Genre Market Share Analysis

8.2.3.3.2.2. By Format Market Share Analysis

8.2.3.4. Turkey Podcasting Market Outlook

8.2.3.4.1. Market Size & Forecast

8.2.3.4.1.1. By Value

8.2.3.4.2. Market Share & Forecast

8.2.3.4.2.1. By Genre Market Share Analysis

8.2.3.4.2.2. By Format Market Share Analysis

9. South America Podcasting Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Genre Market Share Analysis

9.2.2. By Format Market Share Analysis

9.2.3. By Country Market Share Analysis

9.2.3.1. Argentina Podcasting Market Outlook

9.2.3.1.1. Market Size & Forecast

9.2.3.1.1.1. By Value

9.2.3.1.2. Market Share & Forecast

9.2.3.1.2.1. By Genre Market Share Analysis

9.2.3.1.2.2. By Format Market Share Analysis

9.2.3.2. Colombia Podcasting Market Outlook

9.2.3.2.1. Market Size & Forecast

9.2.3.2.1.1. By Value

9.2.3.2.2. Market Share & Forecast

9.2.3.2.2.1. By Genre Market Share Analysis

9.2.3.2.2.2. By Format Market Share Analysis

9.2.3.3. Brazil Podcasting Market Outlook

9.2.3.3.1. Market Size & Forecast

9.2.3.3.1.1. By Value

9.2.3.3.2. Market Share & Forecast

9.2.3.3.2.1. By Genre Market Share Analysis

9.2.3.3.2.2. By Format Market Share Analysis

10. Market Dynamics

10.1. Drivers

10.1.1. Increasing podcasts creation

10.1.2. Growing internet penetration

10.1.3. Rise in podcast preference over other media

10.2. Challenges

10.2.1. Low internet speed

10.2.2. Less awareness in developing countries

11. Impact of COVID-19 on Global Podcasting Market

11.1. Impact Assessment Model

11.1.1. Key Segments Impacted

11.1.2. Key Regions Impacted

11.1.3. Key Countries Impacted

11.1.4. Key Distribution Channel Impacted

12. Market Trends & Developments

12.1. Rising popularity among millennials

12.2. High demand for educational purposes

12.3. Integration of artificial intelligence

12.4. Surging popularity of sports podcasts

12.5. Growing number of smartphones users

13. SWOT Analysis

13.1. Strengths

13.2. Weaknesses

13.3. Opportunities

13.4. Threats

14. Competitive Landscape

14.1. Company Profiles

14.1.1. Stitcher Media LLC

14.1.1.1. Company Details

14.1.1.2. Product & Services

14.1.1.3. Financials (As Reported)

14.1.1.4. Key Market Focus & Geographical Presence

14.1.1.5. Recent Developments

14.1.1.6. Key Management Personnel

14.1.2. TuneIn, Inc.

14.1.2.1. Company Details

14.1.2.2. Product & Services

14.1.2.3. Financials (As Reported)

14.1.2.4. Key Market Focus & Geographical Presence

14.1.2.5. Recent Developments

14.1.2.6. Key Management Personnel

14.1.3. SoundCloud Global Limited & Co.

14.1.3.1. Company Details

14.1.3.2. Product & Services

14.1.3.3. Financials (As Reported)

14.1.3.4. Key Market Focus & Geographical Presence

14.1.3.5. Recent Developments

14.1.3.6. Key Management Personnel

14.1.4. Audacy, Inc.

14.1.4.1. Company Details

14.1.4.2. Product & Services

14.1.4.3. Financials (As Reported)

14.1.4.4. Key Market Focus & Geographical Presence

14.1.4.5. Recent Developments

14.1.4.6. Key Management Personnel

14.1.5. iHeartMedia Inc.

14.1.5.1. Company Details

14.1.5.2. Product & Services

14.1.5.3. Financials (As Reported)

14.1.5.4. Key Market Focus & Geographical Presence

14.1.5.5. Recent Developments

14.1.5.6. Key Management Personnel

14.1.6. Apple, Inc.

14.1.6.1. Company Details

14.1.6.2. Product & Services

14.1.6.3. Financials (As Reported)

14.1.6.4. Key Market Focus & Geographical Presence

14.1.6.5. Recent Developments

14.1.6.6. Key Management Personnel

14.1.7. Pandora Media, Inc.

14.1.7.1. Company Details

14.1.7.2. Product & Services

14.1.7.3. Financials (As Reported)

14.1.7.4. Key Market Focus & Geographical Presence

14.1.7.5. Recent Developments

14.1.7.6. Key Management Personnel

14.1.8. Amazon.com, Inc.

14.1.8.1. Company Details

14.1.8.2. Product & Services

14.1.8.3. Financials (As Reported)

14.1.8.4. Key Market Focus & Geographical Presence

14.1.8.5. Recent Developments

14.1.8.6. Key Management Personnel

14.1.9. Liberated Syndication Inc.

14.1.9.1. Company Details

14.1.9.2. Product & Services

14.1.9.3. Financials (As Reported)

14.1.9.4. Key Market Focus & Geographical Presence

14.1.9.5. Recent Developments

14.1.9.6. Key Management Personnel

14.1.10. Podbean Tech LLC

14.1.10.1. Company Details

14.1.10.2. Product & Services

14.1.10.3. Financials (As Reported)

14.1.10.4. Key Market Focus & Geographical Presence

14.1.10.5. Recent Developments

14.1.10.6. Key Management Personnel

15. Strategic Recommendations/Action Plan

15.1. Key Focus Areas

15.2. Target Genre Type

15.3. Target Format Type

16. About Us & Disclaimer

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Report Description

Table of content

Figures and Tables

Frequently asked questions

Which region is dominating the Global Podcasting Market?

What are the drivers in the Global Podcasting Market?

What are the challenges in the Global Podcasting Market?

What brands are offering podcasting?

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Report Description

Table of content

Figures and Tables

Frequently asked questions

Which region is dominating the Global Podcasting Market?

What are the drivers in the Global Podcasting Market?

What are the challenges in the Global Podcasting Market?

What brands are offering podcasting?

Related Reports