The global radio station market is expected to grow from $44.74 billion in 2020 to $47.61 billion in 2021 at a compound annual growth rate (CAGR) of 6.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $43.07 billion in 2025 at a CAGR of -2%.
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The radio station market consists of sales of radio broadcasting services and the products related to radio broadcasting. Radio broadcasting services are typically a radio waves or audio signals that are transmitted from servers to larger audience all over the world. Radio waves can be transmitted in the form of AM (Amplitude Modulation) or FM (Frequency Modulation) and analog/digital technology is used for broadcasting the programs over a radio network.
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The radio station market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the radio station market are Entercom Communications, Cumulus Media, CBS, iHeartMedia, Beasley Broadcast Group, Cox Radio, Townsquare Media, SFX Broadcasting, Bell Media, Emmis Communications, Harris Corporation, Motorola Solutions, Inc., Simoco, Raytheon Company, JVCKENWOOD Corporation, Thales SA, Raytheon Company, RELM Wireless Corporation, Hytera Communications Corporation Limited, Tait Radio Communications Limited, Sepura PLC, ABC Radio, Bonneville Broadcasting, Communicorp, UTV Radio, Beasley Broadcast Group, Buckley Radio, American General Media, Salem Media Group, Walt Disney, Sirius XM Radio Inc.
The global radio station market is segmented –
1) By Type: Broadcast Radio, Satellite Radio, Online/ Mobile Radio
2) By Application: Advertising, Public License Fee, Subscription
3) By End Use: Entertainment, Communications, Commercial
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The radio station market report describes and explains the global radio station market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The radio station report evaluates the market across each region and for the major economies within each region.
The countries covered in the global radio station market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global radio station market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Radio Station Market Characteristics
- Radio Station Market Product Analysis
- Radio Station Market Supply Chain
- Key Mergers And Acquisitions In The Radio Station Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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