The artificial intelligence ai in podcasting market has seen considerable growth due to a variety of factors.
• The size of the artificial intelligence (AI) in the podcasting market has seen substantial growth in the last few years. Its projection is to escalate from $3.07 billion in 2024 to $4.06 billion in 2025, representing a compound annual growth rate (CAGR) of 32.2%.
The surge in the previous period is linked to the need for automation and efficiency in podcast production, a rising requirement for customized content, enhanced listener interaction, a rising application of podcasts in educational learning and teaching, and the need for accessible entertainment content.
The artificial intelligence ai in podcasting market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for artificial intelligence (AI) in podcasting is predicted to soar in the coming years, reaching a staggering $12.25 billion by 2029. Such massive growth will be seen at a compound annual growth rate (CAGR) of 31.8%.
Several factors contribute to this rise during the prediction period, such as the increased incorporation of AI into podcasting, the surging commoditization of podcasting as a media outlet, growing podcast adoption, the growing demand for personal wellness and meditation, and intensified efforts to diversify and broaden the podcast audience. The upcoming trends during the prediction tenure include noise reduction, sound leveling, and voice enhancement utilizing AI-based software, AI voice synthesis advancements allowing podcasters to produce highly realistic audio content, AI-driven analytics tools, technological inventions and sophisticated technologies for content creation.
The surge in utilisation of cloud-based solutions is anticipated to fuel the expansion of the artificial intelligence (AI) in podcasting market. Cloud-based solutions encompass software applications, services, or resources facilitated over the internet, typically originating from remote servers under the management of a third-party provider. Various factors such as security and compliance, remote access to applications, robust and resilient infrastructure, and prioritised security and compliance contribute to the rise in demand for cloud-based solutions. Integral to the application of AI in podcasting, these solutions provide scalable, flexible, and efficient platforms to amplify podcast production, distribution, and consumption. They capitalise on the strength of cloud computing to offer AI-powered features and services accessible from remote locations. For example, the European Union reported in December 2023 that the proportion of European Union businesses purchasing cloud computing services rose by 4.2 percentage points in 2023 compared to 2021, according to a Netherlands-based international organisation. As a result, the increasing demand for cloud-based solutions facilitates the growth trajectory of the artificial intelligence (AI) in podcasting market.
The artificial intelligence (AI) in podcasting market covered in this report is segmented –
1) By Component: Software, Services
2) By Podcast Type: Interview-Based, Solo, Panel Discussion, Other Podcast Types
3) By Technology: Natural Language Processing (NLP), Machine Learning (ML), Deep Learning, Sentiment Analysis, Speech Recognition, Other Technologies
4) By Deployment Mode: On-Premises, Cloud-Based
5) By Application: Content Creation, Content Curation, Content Recommendation, Content Monetization, Other Applications
Subsegments:
1) By Software: AI-Driven Podcast Editing Tools, Automatic Transcription And Captioning Software, AI-Based Voice Cloning And Synthesis Tools, Content Recommendation Systems For Podcasts, AI-Powered Analytics And Audience Insights Software, Podcast Hosting Platforms With AI Features, AI-Enhanced Sound Design And Audio Processing Software
2) By Services: AI Consulting For Podcast Development, AI System Integration Services For Podcasting Platforms, Content Creation And Scripting Services Powered By AI, Marketing And Promotion Services Using AI Tools, Audience Engagement And Feedback Analysis Services, Training And Workshops On AI In Podcasting, Managed AI Services For Podcast Production And Distribution
Leading organizations active within the AI in podcasting market are striving to develop groundbreaking solutions, such as AI-driven suites aimed at podcast creators. These are designed to enhance the creation of content, automate its editing process, personalize recommendations and streamline distribution operations. AI-powered suites furnish podcast makers with an extensive array of tools, utilizing AI to simplifies multitudes of podcast production aspects such as devising content and editing to distribution and earning revenue. For example, Podbean, an American podcast company, launched Podbean AI in February 2024. This suite is packed with revolutionary AI features for podcast creators which streamlines podcast editing through automatic audio enhancement, auto-generated titles and others, thereby saving creators' precious time while improving podcast quality. The salient features include noise curtailment for optimum audio quality, intelligent sound leveling for consistent sound levels, auto-remove feature for useless words and silence and filtering and AutoEQ options for unambiguous audio. Content generated by AI, including titles and show notes, further simplifies the whole process.
Major companies operating in the artificial intelligence (AI) in podcasting market are:
• Lumen Technologies Inc.
• Spotify Technology SA
• Adobe Inc.
• Acast AB
• Descript Inc.
• Podbean Tech Inc.
• Riverside.fm Inc.
• Murf Inc.
• Audioburst Ltd.
• Sonix Inc.
• Headliner
• Podcastle Inc.
• Auphonic GmbH
• Alitu Podcasting Ltd.
• Listen Notes Inc.
• Castos LLC
• Pipio Inc.
• Zencastr Inc.
• Podchaser
• Simplecast
• Cohost
North America was the largest region in the artificial intelligence (AI) in podcasting market in 2024. The regions covered in the artificial intelligence (AI) in podcasting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.