openPR Logo
Press release

Podcast Market was valued USD 7,839 million in 2019 and will grow at 31.6% CAGR till 2027 | Size, Share, Growth & Global Forecast

09-20-2022 12:10 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: GMI Research

Podcast Market

Podcast Market

Podcast Market

The Podcast Market was estimated around USD 7,839 million in 2019 and is predicted to grow at a CAGR of 31.6% over the forecast period (2020-2027).

For Additional Insights, Click to Access Complete Report -

The factors driving the growth of Podcast Market includes rise in the number OTT platforms around the world, growing popularity of audio-on-demand platforms, modernization of transcription technology and increasing internet penetration rates. According to the report published by Bloomberg, the Global Over-the-Top Streaming Market was calculated around USD 120.6 billion in 2021 and is expected to reach USD 261.8 billion by the end of 2028, expanding at a CAGR of 11.9%, over the forecast period (2022-2028), which will boost the Global Podcast Market in the approaching years. Moreover, introduction of advanced technologies such as Artificial Intelligence (AI), Blockchain and Internet of Things (IoT), proliferation of smartphones and strategic mergers and acquisition between industry leaders, are some of the additional factors supplementing the market growth. In addition, increasing investments by leading players on research and development, rising disposable incomes and rapid urbanization, are further contributing towards the market growth.

However, the growth of Podcast Market is hindered due to issue related to limited storage space and low internet connectivity.

The leading players operating in the market are Entercom Communications Corp., SOUNDCLOUD LIMITED, Spotify AB, AMAZON.COM, INC., Apple Inc., IHeartMedia Inc., Megaphone LLC, Pandora Media, LLC, Stitcher, and TuneIn, Inc., among others.

Based on Type, the Interview segment is expected to capture the largest market share during the forecast period

Podcast stimulates viewpoints, facilitates discussion, and enhances audience engagement, are some of the features pushing the segment's growth.

Based on Genre, the News and Politics segment is projected to lead the market over the forecast period

Increasing popularity of news and politics podcast in in solo news bulletins, panel debates, and one-on-one conversations, are propelling the segment's growth.

Based on Region, the North American region is anticipated to hold the highest market share during the forecast period

Growing adoption of advanced technologies, increasingly popularity of news and politics podcast, mature audience base, rise in the subscription of OTT platforms, increasing population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in North America.

Key Development

In 2020, Apple Inc., officially introduced original podcast lower interview series "The Zane", which will expand Apple's product portfolio.

Market Segmentation

Segmentation by Type

Repurposed Content

Segmentation by Genre

News and Politics
Society and Culture

Segmentation by Region

Asia Pacific
Rest of APAC

North America
United States of America

United Kingdom
Rest of Europe

South Africa
Saudi Arabia

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Phone: Europe - +353 1 442 8820; US - +1 860 881 2270
Address: Dublin, Ireland

Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate, Dublin D18 Y3X2, Ireland

GMI Research's leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our clients business problems and add significant value to long lasting relationship.

This release was published on openPR.

Permanent link to this press release:

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 Podcast Market was valued USD 7,839 million in 2019 and will grow at 31.6% CAGR till 2027 | Size, Share, Growth & Global Forecast here

News-ID: 2741390 • Views: 126

More Releases from GMI Research

Telecom Cloud Market earned USD 19.1 Billion in 2020 and anticipated to reach US …
Telecom Cloud Market reached USD 19.1 Billion in 2020 and is projected to reach USD 95.6 Billion in 2028, the market is growing at a CAGR of 22.3% till 2028. For Additional Insights, Click to Access Complete Report - Key Drivers The factors proliferating the Telecom Cloud Market includes rising number of internet mobile subscriptions, inclination towards cloud computing services over land line services and growing demand for information infrastructure services. Increasing
Graphene Battery Market is estimated to reach USD 545 million in 2028, registeri …
Graphene Battery Market was valued at USD 73 million in 2020, and is estimated to reach USD 545 million in 2028, increasing at a higher CAGR of 28.5% during 2020-2028. For Additional Insights, Click to Access Complete Report - The factors driving the growth of Graphene Battery Market includes growing demand for graphene batteries in Automotive, consumer electronics and power sector, increasing investments on research and development for enhancing the lithium-ion
Social Media Analytics Market is estimated to touch USD 21.6 billion in 2029, re …
Social Media Analytics Market was valued at USD 4.2 billion in 2021 and is estimate to reach USD 21.6 billion in 2029 growing at a CAGR of 22.7% For Additional Insights, Click to Access Complete Report - The factors driving the growth of Social Media Analytics Market includes the increasing demand for business intelligence tools, increasing number of smartphones, growing focus by businesses on collecting customer feedback and proliferation of social
GCC Construction Chemical Market is Predicted to Expand at a Promising CAGR duri …
The GCC Construction Chemical Market is estimated to grow at a robust CAGR over the forecast period (2022-2029). For Additional Insights, Click to Access Complete Report - The factors driving growth of the GCC Construction Chemical Market includes increasing focus of Governments on reducing their dependency on oil and gas sector, emerging need to repair the ageing buildings, rise in the number of smart cities and improvements in the living standards.

All 5 Releases

More Releases for Podcast

CrowdUltra's Podcast App Named Top Five Best Podcast Company
CrowdUltra has been nominated as one of the Quill Podcast Awards top five best podcast company's. They are joined by fellow industry leaders including Spotify, Apple Podcasts, Podbean, and Libsyn. The Quill Podcast Awards recognizes top companies and podcasters every year for their innovation, impact, and outstanding work. The award nomination was determined by thousands of podcasters, podcast fans, podcast producers, and others in the industry voting over a month's time. CrowdUltra
New Business Podcast
Carl Gould launches a new podcast The Carl Gould Collective! Are you a CEO, Entrepreneur or business owner looking to grow, succeed and make an impact? The Carl Gould Collective Podcast is for you! What's it all about? Exciting interviews with top CEOs, celebrities and newsmakers who share their real-life experiences to help you reach the next level as a business leader. Your host Carl Gould is the author of
05-03-2021 | Sports
Rewild Gear LLC
Rewild Gear Podcast Release
Rewild Gear LLC recently launched The Rewild Gear Podcast to support their new brand of high end, minimalistic outdoor gear and equipment launching summer 2021. The Rewild Gear Podcast is a weekly show capturing the stories and passions of outdoor enthusiasts around camping, hiking, hunting, fishing, backpacking, bush crafting, conservation, and much more. Every Wednesday, host and founder Seth Spears interviews seasoned experts about their most memorable wilderness adventures, favorite gear, professional
Digital Classroom podcast is now available on iHeartRadio, Apple Podcast and Goo …
iDigitalClassroom announced that the Digital Classroom podcast is now available. From remote learning and remote work to cybersecurity challenges, to how to navigate the online world, each episode presents real-life issues that online users need to address. Dr. Joy Alatta gives professional, hands-on advice on adapting to the remote learning and remote work world, while still keeping safe. As technology continually influences society, iDigitalClassroom is focused on making positive changes
PROCO360 Podcast Named BEST DENVER PODCAST 2nd Year Running
The PROCO360 podcast was selected by Westword readers as the BEST DENVER PODCAST, 2019, the 2nd consecutive year. PROCO360 is hosted by Dave Tabor - a successful technology entrepreneur, and currently an executive at the Colorado Chamber of Commerce. The podcast was created to feature world-class entrepreneurs who could be successful anywhere, and choose Colorado. PROCO360 guests are Colorado’s most notable and successful CEOs. As a former entrepreneur who built
New Podcast by Publishes Podcast on the Signature Voice in Voice Acting Performa …
Cynthia Songé, voice over instructor, voice actress and casting director, is this week\'s expert on the podcast Voice Over Experts, the most popular and subscribed to voice over podcast for beginner and professional voice actors. Cynthia Songé works with Susan Blu at Blupka Productions as a voice over instructor and casting director. Together, Susan and Cynthia have co-authored “Word of Mouth, A Guide to VoiceOver Excellence, Vol. 3″. This week,