Radio Broadcasting Market Share
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s Radio Broadcasting Global Market Report 2023 identifies Internet radio services as the major driver for the radio broadcasting market’s growth in the forecast period. Internet radio, also known as web-radio technology or webcasting, uses the internet as a medium of distribution for broadcasting instead of traditional radio waves, which are limited by the power of the station’s transmitter and available broadcast options.
The global radio broadcasting market grew from $136.29 billion in 2022 to $143.29 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The Russia-Ukraine war disrupted the chances of global economic recovery…
