Global Internet Radio Market Growth (Status and Outlook) 2023-2029

Global Internet Radio Market Growth (Status and Outlook) 2023-2029

Internet radio (also web radio, net radio, streaming radio, e-radio, IP radio, and online radio) is a digital audio service transmitted via the Internet. Broadcasting on the Internet is usually referred to as webcasting since it is not transmitted broadly through wireless means. It can either be used as a stand-alone device running through the internet, or as a software running through a single computer.
LPI (LP Information)' newest research report, the “Internet Radio Industry Forecast” looks at past sales and reviews total world Internet Radio sales in 2022, providing a comprehensive analysis by region and market sector of projected Internet Radio sales for 2023 through 2029. With Internet Radio sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Internet Radio industry.
This Insight Report provides a comprehensive analysis of the global Internet Radio landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Internet Radio portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Internet Radio market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Internet Radio and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Internet Radio.
The global Internet Radio market size is projected to grow from US$ 32950 million in 2022 to US$ 66180 million in 2029; it is expected to grow at a CAGR of 10.5% from 2023 to 2029.
Of the major players of Internet Radio, Spotify maintained its first place in the ranking in 2019. Spotify accounted for 27.63% of the Global Internet Radio revenue market share in 2019. Other players accounted for 21.39%, 15%, 8.68% including Apple Music, Amazon Music, Tencent Music. Suppliers of Internet Radio in the international market are large, specialist companies, as well as divisions or subsidiaries of large groups.
The main types of Internet Radio have Subscription Service and Ad-Supported Radio Service. On the basis of the types, Subscription Service is projected to account for the largest revenue share during the forecast period; this segment was estimated to account for 57.88% share in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Internet Radio market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Subscription Service
Ad-Supported Radio Service
Segmentation by application
Live
Audio-on-demand
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Apple Music
Amazon Music
Tencent Music
Pandora
IHeartRadio
TuneIn
LiveXLive Media
Digitally Imported, Inc.

Please note: The report will take approximately 2 business days to prepare and deliver.