openPR Logo
Press release

The New Best Things About Podcasting Market

02-15-2021 11:29 AM CET | IT, New Media & Software

Press release from: coherent market insights

Podcasting

Podcasting

Podcasts are audio files that can be played or downloaded from the internet. The popular format of podcasts include interviews, panels, solo, repurposed content, and conversational. The podcasts are easily accessible to listeners during their day to day travel. The popularity of podcast increased gradually since its inception in early 2000’s.

Request For PDF Brochure Of This Research Report @ https://www.coherentmarketinsights.com/insight/request-pdf/4283

Market Overview

A podcast is an episodic series of digital audio files that a user can access or download to personal devices for listening. There are different streaming and podcasting application services that provide a sophisticated way to manage personal consumption queue. Popular podcasting platforms include Apple Podcasts, Google Podcasts, Spotify, TuneIn Radio, Stitcher, etc. Apart from entertainment, podcasting is being used by popular brands to communicate a captive audience. Through podcasting, companies and brands tell their story anywhere, which helps them to establish their authority across the industry.

Market Dynamics

The busy lifestyle of people in metro cities is expected to drive growth of the podcasting market during the forecast period 2020-2027. Generation z (post millennial generation) spends average of around 5 to 6 hours daily on mobile, according to CMI analysis in October 2020. The podcasts are easily accessible through mobiles. Moreover, online music platforms such as Spotify India are launching podcast services. For instance, in November 2019, Spotify India launched interview and solo format podcasts. In the period of 2018 to 2019, the number of podcasts on Spotify increased from 10,000 to 500,000. There listeners also increased at a significant 14% rate on monthly basis in Q2 and Q3 of 2019. This indicates that the demand of podcast is increasing at very high pace. Moreover, in February 2020, Spotify acquired Ringer, an online podcast provider. This acquisition is expected to enhance the podcast offerings of Spotify.

Detailed Segmentation:

Global Podcasting Market, By Genre:

News & Politics
Society & Culture
Comedy
Sports
Others

Global Podcasting Market, By Format:

Interviews
Panels
Solo
Repurposed Content
Conversational

Competitive Section

Key players operating in the global podcasting market are Amazon.com, Inc., Spotify AB, Apple, Inc., Soundcloud Limited, TuneIn Radio, iHeartMedia, Inc., Google Podcasts, Stitcher, and Pandora Media, Inc.

Market Opportunities

Advent subscription-based services can present lucrative growth opportunities in the global podcasting market
Similar to video streaming services, many podcasting platforms have started offering subscription-based services to consumers. Although it is still in the nascent stage, audio-on-demand is witnessing robust growth in different languages including Spanish, English, and others. For instance, in June 2020, Podhero introduced a monthly subscription service to support podcast creators. Podhero’s service will be available at 30-day free trial and thereafter US$ 5.99 a month. It will offer over 1 million podcasts in over 30 countries.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The New Best Things About Podcasting Market here

News-ID: 2242334 • Views: 146

More Releases from coherent market insights

Next-Generation Packaging Market Segments, Share, Trends 2027 | Coherent Market …
A detailed report on Global Next-Generation Packaging providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027. The research study offers complete analysis of critical aspects of the global Next-Generation Packaging , including competition, segmentation, geographical progress, manufacturing cost analysis, and price structure. We have provided CAGR, value, volume, sales, production,
Gibberellins Market | Zhejiang Qianjiang Biochemical Co., Ltd., SePRO Corporatio …
Coherent Market Insights have included a latest addition of global market research report titled Gibberellins Market to its expansive repository. The report studies primary and secondary research in order to analyze the data effectively. The market study further also draws attention to crucial industry factors such as global clients, potential customers, and sellers, which instigates positive company growth. In order to gauge turning point of the businesses, significant market key
Benzyl Cyanide Market | Benzochem Industries Pvt Ltd., SynQuest Laboratories, In …
Coherent Market Insights have included a latest addition of global market research report titled Benzyl Cyanide Market to its expansive repository. The report studies primary and secondary research in order to analyze the data effectively. The market study further also draws attention to crucial industry factors such as global clients, potential customers, and sellers, which instigates positive company growth. In order to gauge turning point of the businesses, significant market
Polyester Adhesives Market | Dow Chemical Company, Axson Technologies, Evonik In …
The Polyester Adhesives report presents high-quality and wide-ranging research study with key factors that are expected to have a Major impact on the Polyester Adhesives during the forecast period. The report present Key Market segments valued based on its growth rate and share.This report also provides an analysis of the impact of the COVID-19 pandemic on Industrial Labels Industry.The report explains the historical and current trends that are shaping

All 5 Releases


More Releases for Spotify

Spotify Launches New Ghost Killer Podcast
SPOTIFY LAUNCHES NEW PODCAST Ghost Killer Podcast HOSTED BY Ghost Killer. Spotify, the popular music streaming and Podcast platform has launched a new podcast. Ghost Killer Podcast, (http://www.anchor.fm/ghost-killer1 a podcast about general topic discussions and focuses on current events, general discussions and true crime mystery, is geared toward all age groups between 18 -65. The most recent episode featured The Host Ghost Killer discussing the new controversial documentary by the
EOXS Launches Steel Podcast on Apple and Spotify
San Francisco, CA: EOXS celebrates the steel industry by launching the podcast ‘Stories on Steel’ on Apple and Spotify. The podcast is a one on one interview with professionals who discuss the current and future trends of the US steel industry with the podcast host, Kevin Bradley. The 30 minute long episodes have guests discussing a variety of subjects, from innovation and technology to how their companies are tackling the
Soft Street Mix EP now available on Spotify
Spotify https://spoti.fi/2yXjkJZ Elohothedon is one of the best hip-hop act, the award-winning artiste who has gained remarkable success worldwide through entertainment. He does an exclusive brand of Hip Hop music. Elohothedon is a regular collaborator with international stars. Buy and stream on Spotify: Spotify https://spoti.fi/2yXjkJZ Elohothedon is well known for his super hit tracks such as Soft Street, Cold Street, Cold Street (Remix) and Spirit Mix. Follow him on all social media platforms as
Internet Radio Market 2019 Global Key Players: CBS Corporation, Citadel Broadcas …
Market Scenario: In internet radio market, digitization and mobility is one of significant factor driving the market. Internet radio has become an important distribution channel for music industry and is boosting the market for advertiser by becoming important marketing channel. According to the study, the subscription and advertising service contributes largest revenue to the internet radio market. Growing integration in home audio system and rising usage of internet connected device is
The Highly-expected TunePat Spotify Converter V1.0.0 is Finally Released
On November 30th, TunePat Inc. unveiled its’ pre-announced newly designed program - TunePat Spotify Converter - a simple, use-friendly and professional tool specially designed for converting Spotify songs, albums and playlists to MP3, AAC, WAV or FLAC on Windows platform. TunePat Spotify Converter offers almost all the features that a typical Spotify downloader provides users with. In addition, it is said that the program requires no need to install the
New music on spotify
Arthur fell in love with music at an early age, he began playing piano at the age of 11 and drums at the age of 13, he then became a producer at the age of 16, after being inspired by a classical instrumental. In 2009 Arthur purchased his 1st guitar, this moment totally changed his life and allowed him to hear music differently. Initially it took him by surprise how challenging