Business Research Company Global Broadcasting Market Report 2021: Impact and Recovery of COVID-19 to 2030
LONDON, GREATER LONDON, UK, June 16, 2021 /EINPresswire.com/ — According to the new market research report “Global Broadcasting Market Report 2021: COVID-19 Impact And Recovery To 2030′ published by The Business Research Company, the global broadcasting market is expected to grow from USD 100 billion in 2020 to USD 113.59 billion in 2021 at a compound annual growth rate (CAGR ) by 13.6%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which had previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities that resulted in operational challenges. The market is expected to reach $137.72 billion in 2025 at a CAGR of 5%. The growing population is the main driver of the market.
Sample Request for Global Broadcasting Market Report:
The broadcasting market includes revenue generated from sales of radio programs and airtime to advertisers, as well as donations and grants, earned by entities (organizations, sole proprietorships and partnerships) that operate broadcast studios. broadcasting and facilities for live or satellite broadcasting. broadcasting of radio programs, which may include entertainment, news, talk shows, business data or religious services.
Global Broadcasting Market Trends
Internet radio services are becoming popular because they offer better sound quality, a music search tool, and offer genre-specific channels to online listeners. Internet radio, also known as web radio technology or webcasting, uses the internet as the broadcast medium for broadcasting instead of traditional radio waves which are limited by the power of the station’s transmitter and the broadcast options available. Internet radio provides access to radio stations and live events from around the world, which is not possible with traditional radio broadcasting.
Segments of the global broadcasting market:
The global broadcasting market is further segmented on the basis of type, broadcaster type, frequency bands and geography.
By type: radio station, radio network
By type of broadcaster: public, commercial
By Type: AM, FM, Satellite Radio, HD Radio
By Frequency Bands: Very Low Frequency, Low Frequency, Medium Frequency
By Geography: The global broadcasting market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe is the largest region in the global broadcasting market, accounting for 50% of the market in 2020.
Learn more about Global Broadcasting Market report at:
The Global Broadcasting Market Report 2021 is part of a series of new reports from The Business Research Company that provides Broadcasting Market overviews, analysis and forecasts of market size and growth for the Global Broadcasting Market, Global Broadcasting Market Share, Global Broadcasting Market Players, Global Broadcasting Market Segments and Geographies, Global Broadcasting Market Top Competitors Revenues, Profiles and Market Shares. The Global Broadcasting Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
Read The Business Research Company’s Global Broadcasting Market Report 2021 for insights into the following:
Data segmentations: market size, global, by region and by country; Historical and forecasted size, and growth rate for the world, 7 regions and 12 countries
Broadcast Market Organizations Covered: iHeartMedia, Cumulus Media, Walt Disney, Sirius XM Radio Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Interested to know more about The business research company?
The Business Research Company has published over 1,000 industry reports covering over 2,500 market segments and 60 geographies. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders. Reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Global Broadcasting Market Report 2021:
Global TV and Radio Market Report 2021: COVID-19 Impact and Recovery to 2030
Global Radio Station Market Report 2021: COVID-19 Impact and Recovery to 2030
Global Satellite and Telecom Reseller Market Report 2021: COVID-19 Impact and Recovery to 2030
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