Radio Advertising Market- Growth, Demand, and Forecast To 2031
Posted by Biswadeep on January 7th, 2022
Radio Advertising Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
TBRC’s market report includes a chapter on the COVID-19 impact on the radio advertising industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected radio advertising market growth numbers from 2022-2031.
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The global radio advertising market is expected to grow from .34 billion in 2021 to .58 billion in 2022 at a compound annual growth rate (CAGR) of 6.8%. The growth in the radio advertising market 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 radio advertising market is expected to reach .43 billion in 2026 at a CAGR of 4.6%.
The Radio Advertising Global Market Report 2022-31 by The Business Research Company evaluates radio advertising market size, growth rate, drivers, radio advertising industry trends, and major companies.
The radio advertising market segments in the report are:
1) By Type: Traditional Radio Advertising, Terrestrial Radio Broadcast Advertising, Terrestrial Radio Online Advertising, Satellite Radio Advertising
2) By Industry Application: BFSI, Consumer Goods And Retail, Government And Public Sector, IT And Telecom, Healthcare, Media And Entertainment
3) By Enterprise Size: Large Enterprise, Small And Medium Enterprise
Asia: +91 88972 63534
Americas: +1 315 623 0293
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About the AuthorBiswadeep
Joined: July 6th, 2021
Articles Posted: 640
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