DUBLIN, June 22, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/zh5jkv/global_radio) has announced the addition of the "Global Radio Market 2015-2019" report to their offering.
The analysts forecast the global radio market to grow at a CAGR of 3.96 percent over the period 2014-2019.
The report, Global Radio Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Bundled services are increasingly being offered by vendors such as Pandora, which offer both online radio and streamed music services. Such bundled services give users the flexibility to choose music content.
According to the report, one of the most important factor that makes radio popular among listeners, especially people commuting by car, is the live updates provided by radio channels along with entertainment. Most of the radio channels provide live updates about the weather, traffic, sports events, breaking news, among others. This attracts more people, especially commuters, to the radio than other forms of music entertainment.
Further, the report states that competition from alternative mediums such as downloading, streaming, physical formats of music, and OTT services is one of the biggest challenges faced by the global radio market. The growing mobile Internet penetration and growing popularity of smartphones is leading music listeners to opt for online streaming services.
The report consolidates the revenues generated from the following technology:
- Broadcast radio
- Satellite radio
- Online/Mobile radio
The market is also segmented on the basis of the following revenue stream:
- Advertising
- Public license fee
- Subscription
Key Vendors
- Bell Media
- CBS
- Communicorp
- Cumulus
- iHeartMedia
- This is Global
Other Prominent Vendors
- ABC Radio
- Australian Broadcasting Corporation
- Bauer Radio
- Beasley Broadcast Group
- Bonneville Broadcasting
- Buckley Radio
- Cox Radio
- Emmis Communications
- Entercom Communications
- SFX Broadcasting
- UTV Radio
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Revenue Sources
- Market Segmentation by Revenue Stream
- Market Segmentation by Platform
- Geographical Segmentation
- Key Leading Countries
- Key Market Insights
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/zh5jkv/global_radio
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
