The Business Research Company Global Broadcasting Market Report 2021: Impact of COVID-19 and Recovery to 2030
LONDON, GREATER LONDON, United Kingdom, 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 $ 100 billion in 2020 to $ 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 previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. The market is expected to reach $ 137.72 billion in 2025 at a CAGR of 5%. Growing population growth is the main driver of the market.
Sample request for Global Broadcasting Market report:
The broadcasting market is made up of revenues generated by sales of radio programs and airtime to advertisers, as well as donations and grants, received by entities (organizations, sole proprietorships and partnerships) that operate studios. and live or satellite broadcast facilities. the delivery of radio programs, which may include entertainment, news, talk shows, commercial data or religious services.
Global broadcasting market trends
Internet radio services are increasingly popular as they provide better sound quality, a music search tool, and gender-specific channels for online listeners. Internet radio, also known as web radio or webcasting technology, uses the Internet as a distribution medium for broadcasting instead of traditional radio waves which are limited by the power of the station’s transmitter and available broadcast options. Internet radio provides access to live radio stations and events from around the world, which is not possible with traditional radio broadcasting.
Global broadcasting market segments:
The global broadcasting market is further segmented on the basis of type, type of broadcaster, 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 the Global Broadcasting Market Report at:
Radio Broadcasting Global Market Report 2021 is part of a series of new reports from The Business Research Company that provides Broadcasting market overviews, analysis and market size and forecast forecast for the Global Broadcasting Market. Global Broadcasting, Global Broadcasting Market Share, Global Broadcasting Market Players, Global Broadcasting Market Segments and Geographies, Revenue, Profiles and Market Share of Major Competitors in the Global Broadcasting Market. The Global Broadcasting Market report identifies key countries and segments of opportunities and strategies based on market trends and approaches of key competitors.
Read The Business Research Company’s Global Broadcasting Market 2021 Report for insight into the following:
Data segments: market size, global, by region and by country; Historical and forecast 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.
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The Business Research Company has published over 1,000 industry reports, covering over 2,500 market segments and 60 geographies. The reports are backed by 150,000 datasets, in-depth secondary research, and proprietary information from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 in various markets. Here is a list of reports from The Business Research Company similar to Radio Broadcasting Global Market Report 2021:
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