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Internet Radio Market, Global Outlook and Forecast 2023-2029

Internet Radio Market, Global Outlook and Forecast 2023-2029

  • Published on : 30 March 2023
  • Pages :62
  • Report Code:SMR-7622281

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Report overview

Internet radio (also web radio, net radio, streaming radio, e-radio, IP radio, and online radio) is a digital audio service transmitted via the Internet. Broadcasting on the Internet is usually referred to as webcasting since it is not transmitted broadly through wireless means. It can either be used as a stand-alone device running through the internet, or as a software running through a single computer.
This report aims to provide a comprehensive presentation of the global market for Internet Radio, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Internet Radio. This report contains market size and forecasts of Internet Radio in global, including the following market information:
Global Internet Radio Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Internet Radio market was valued at US$ 34660 million in 2022 and is projected to reach US$ 66110 million by 2029, at a CAGR of 9.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Of the major players of Internet Radio, Spotify maintained its first place in the ranking in 2019. Spotify accounted for 27.63% of the Global Internet Radio revenue market share in 2019. Other players accounted for 21.39%, 15%, 8.68% including Apple Music, Amazon Music, Tencent Music. Suppliers of Internet Radio in the international market are large, specialist companies, as well as divisions or subsidiaries of large groups.
The main types of Internet Radio have Subscription Service and Ad-Supported Radio Service. On the basis of the types, Subscription Service is projected to account for the largest revenue share during the forecast period; this segment was estimated to account for 57.88% share in 2019.
We surveyed the Internet Radio companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Internet Radio Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Internet Radio Market Segment Percentages, by Type, 2022 (%)
Subscription Service
Ad-Supported Radio Service
Global Internet Radio Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Internet Radio Market Segment Percentages, by Application, 2022 (%)
Live
Audio-on-demand
Global Internet Radio Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Internet Radio Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Internet Radio revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Internet Radio revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Apple Music
Amazon Music
Tencent Music
Pandora
IHeartRadio
TuneIn
LiveXLive Media
Digitally Imported, Inc.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Internet Radio, market overview.
Chapter 2: Global Internet Radio market size in revenue.
Chapter 3: Detailed analysis of Internet Radio company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Internet Radio in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.