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TV And Radio Broadcasting Market Landscape 2025: Forecast Data and Growth Strategy Insights
TV And Radio Broadcasting Market Size
TV And Radio Broadcasting Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for TV and radio broadcasting has witnessed significant expansion in recent times. There will be a surge from $475.04 billion in 2024 to $505.64 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.4%. This unprecedented growth during the historic phase can be linked to elements such as digital transformation, consumer behavior shifts, globalization, economic determinants, competition, and market consolidation.
TV And Radio Broadcasting Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, robust expansion is anticipated in the TV and radio broadcasting market. By 2029, it is projected to expand to $623.84 billion, reflecting a compound annual growth rate (CAGR) of 5.4%. The growth during the forecast period can be linked to the adoption of 5G technology, introduction of subscription models, the rise of new content formats, environmental sustainability, and political and social influences. The key trends anticipated in the forecast period encompass data analytics and personalisation, digital transition, technological improvements, evolution of advertising, and emphasis on sustainability and green broadcasting.
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What Are the Drivers Transforming the TV And Radio Broadcasting Market?
The adoption of Virtual Reality (VR) is on the rise in the TV and radio broadcasting sector, as it seeks to profoundly influence audiences. VR acceptance is predicted to surge during the forecast period based on live occurrences like sports and music, as it enables viewers to engage with significant events through a vibrant setting. A case in point is NextVR, a VR platform for presenting live content, that has broadcasted the Daytona 500 and a democratic debate. It allied with events organization Live Nation to transmit live music for global music enthusiasts. Consequently, the growing demand for VR content is anticipated to propel the market forward.
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What Long-Term Trends Will Define the Future of the TV And Radio Broadcasting Market?
Television and radio broadcasting corporations are implementing tools that let users consume their content through mobile and web portals. The demand for access across diverse platforms and devices has spurred the growth of TV and radio broadcasting services. For instance, mobile Over-The-Top (OTT) service, Go90 by Verizon, and BingeOn by Comcast Watchable and T-Mobile, are innovative offerings primarily targeting younger audiences. These services allow viewers to enjoy content via mobile apps, web portals, and digital boxes.
Which Segments in the TV And Radio Broadcasting Market Offer the Most Profit Potential?
The TV and radio broadcasting market covered in this report is segmented -
1) By Type: Radio Broadcasting, Television Broadcasting
2) By Broadcaster Type: Public, Commercial
3) By Application: Residential, Government, Airports, Hospitals, Institutes, Other Applications
Subsegments:
1) By Radio Broadcasting: AM Radio Broadcasting, FM Radio Broadcasting, Digital Radio Broadcasting
2) By Television Broadcasting: Terrestrial Television Broadcasting, Cable Television Broadcasting, Satellite Television Broadcasting, Online Streaming Television Broadcasting
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Which Firms Dominate the TV And Radio Broadcasting Market by Market Share and Revenue in 2025?
Major companies operating in the TV and radio broadcasting market include Comcast Corporation, AT&T Inc., The Walt Disney Company, Charter Communications Inc., NBCUniversal Media LLC, Discovery Inc., Netflix, ViacomCBS Inc., DISH Network Corporation, Sky Group, Netease Inc., Vivendi SE, Liberty Media Corporation, Liberty Global plc, Sirius XM Holdings Inc., Nexstar Media Group Inc., FUJI MEDIA HOLDINGS Inc., Sinclair Broadcast Group Inc., Mediaset S.p.A., E.W. Scripps Company, CNN, Nine Entertainment Co., Entercom Communications Corporation, WWE, Cumulus Media Inc., Saga Communications Inc., LIVE NATION WORLDWIDE INC., TEGNA Inc.
Which Regions Offer the Highest Growth Potential in the TV And Radio Broadcasting Market?
Western Europe was the largest region in the TV and radio broadcasting market in 2024. Eastern Europe is expected to be the fastest growing region in the forecast period. The regions covered in the tv and radio broadcasting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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