Radio Station Global Market Report 2023 – By Type (Broadcast Radio, Satellite Radio, Online/Mobile Radio), By Application (Advertising, Public license fee, Subscription), By End Use (Entertainment, Communications, Commercial) – Market Size, Trends, And Global Forecast 2023-2032

Radio broadcasting refers to a one-way wireless communication using radio waves that aims to reach a large audience. The main types of radio broadcasting are AM, FM, satellite radio, and HD radio. Amplitude modulation is a modulation technology employed in electronic communication, mainly notably for radio wave transmission of data. The different types of broadcasters include public, commercial and involve various frequency bands such as very-low-frequency, low frequency, medium frequency. The global radio broadcasting market is segmented - 1) By Type: AM, FM, Satellite Radio, HD Radio 2) By Broadcaster Type: Public, Commercial 3) By Frequency Bands: Very-Low Frequency, Low Frequency, Medium Frequency The global radio broadcasting market grew from $136.29 billion in 2022 to $143.29 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The radio broadcasting market is expected to grow to $170.46 billion in 2027 at a CAGR of 4.4%. The increase in number of radio listeners drives the growth of radio broadcasting market. Radio is the interactive way to listen to music and it provides information about various news and events happening around the world. For example, according to Nielsen Media Research, an American firm that measures media audiences, in 2021, 88% of Americans listen to terrestrial (AM/FM) (amplitude modulation/ frequency modulation) radio on a weekly basis. This is approximately 293 million Americans. Further, in India, All India Radio streams, the national public radio broadcaster of India, witnessed a listenership rise from 17 million in February 2022 to 19 million in March 2022. Therefore, the increase in number of listeners for radio is expected to contribute to the growth of the radio broadcasting market. Major companies in the radio broadcasting market include Liberty Media Corporation, Sirius XM Holdings Inc., iHeartMedia Inc., The Walt Disney Company, Bouygues SA, Entercom Communications Corporation, Cumulus Media, Inc., FUJI MEDIA HOLDINGS Inc., Netease Inc., Nine Entertainment Co., and Holdings Limited. Internet radio services are becoming popular as they provide better sound quality, music search tools, and offer genre-specific channels to listeners online. Internet radio, also known as web-radio technology or webcasting, uses the internet as a medium of distribution for broadcasting instead of traditional radio waves, which are limited by the power of the station's transmitter and available broadcast options. Internet radio provides access to radio stations and live events from across the world, which is not possible through traditional radio broadcasting. Major companies providing internet radio are Pandora Media Inc., Spotify, Tune-In, and Slacker. Western Europe was the largest region in radio broadcasting in 2022. Eastern Europe is expected to be the fastest growing region in the forecast period. The regions covered in the radio broadcasting report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the radio broadcasting market report 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 radio broadcasting market includes revenues earned by entities by operating broadcast studios and facilities for over-the-air or satellite delivery of radio programs, which may include entertainment, news, talk shows, business data, or religious services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The radio broadcasting market is segmented into radio station and radio network. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The radio broadcasting market research report is one of a series of new reports from The Business Research Company that provides radio broadcasting market statistics, including radio broadcasting industry global market size, regional shares, competitors with a radio broadcasting market share, detailed radio broadcasting market segments, market trends and opportunities, and any further data you may need to thrive in the radio broadcasting industry. This radio broadcasting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Radio advertising works by allowing advertisers to purchase airtime on various radio stations to air commercials or spots about their products or services. It allows advertisers an inexpensive way to get their voice heard again and again. The ability to stir emotions and create demand. It can also immediacy, driving shoppers to a specific store, brand or to take a specific action. The main types of radio advertising are traditional radio advertising, terrestrial radio broadcast advertising, terrestrial radio online advertising, and satellite radio advertising. Traditional radio advertising uses radio commercials to promote products or services. Advertisers pay for airtime on commercial radio stations, and the radio station broadcasts the advertiser's commercial to its listeners. BFSI, consumer goods and retail, government and public sector, IT and telecom, healthcare, and media all use the services. The different sizes of enterprises include large enterprises, small and medium-sized enterprises. The global radio advertising market is segmented - 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 The global radio advertising market size will grow from $23.22 billion in 2022 to $24.84 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global radio advertising is expected to grow to $31.37 billion in 2027 at a CAGR of 6.0%. The demand for cost-effective advertising routes for big and small companies is expected to drive the demand for the radio advertising market. Although newer advertising platforms such as the internet and other digital media are gaining traction in the advertising market, radio still represents a powerful advertising medium due to its high cost-effectiveness. For smaller markets, companies spend about $900 a week for a 30-second ad schedule and around $8,000 a week in bigger markets such as Sydney. On average, companies pay around $20 to reach 1,000 listeners during peak times of the day and close to $10 or $15 during off-peak hours. Therefore, the cost-effective routes of advertising are predicted to fuel the demand for the growth of the radio advertising market. Major players in the radio advertising market are Sirius XM Radio Inc., iHeartMedia Inc., Entercom Communications Corp., Cumulus Media Inc., National Public Radio Inc., Strategic Media Inc., The Radio Agency, Jacob Tyler, Sid Lee and Citizen Group. A decrease in radio ad spending is likely to limit the growth of the radio advertising market. A decline in ad spending on traditional channels is part of a long-standing trend. The companies are investigating alternative business models and evaluating innovative emerging technologies such as online fixed programmatic display and mobile video that provide consumers with instant access to the content. However, the pandemic has caused a significant decline in radio ad spending by several industries due to social distancing, containment restrictions, and the closure of industries and other social activities. According to the Pitch Madison report, launched by Pitch, in partnership with Madison World, radio industry reported a 44% decline in advertising revenue in 2020. Moreover, according to Group M’s latest end-of-year forecast, in Canada, audio channel spending (largely consisting of radio advertising) dropped from $1.3 billion in 2019 to $890.9 million in 2020, which was a 2.8%-point drop. Radio ad spending has declined disproportionately in recent months due to advertisers' cutting their overall media budgets, which is likely to hinder the market's growth. The launch of digital radio is gaining popularity in the radio advertising market. Digital radio gives users greater spectral efficiency. According to data from Radio Joint Audience Research Limited (RAJAR) published in October 2021, digital listening in the United Kingdom has increased to 65.8 percent of total radio listening. DAB has surpassed AM/FM as the most popular radio listening platform, accounting for 43 percent of total listening versus 34.2 percent for AM/FM. Moreover, if digital modulation methods that require more complex transmitters and receivers are used, more information could be transmitted in comparison to traditional analogue modulation schemes. In May 2020, Bauer Radio, an UK-based media company, fully acquired First Radio Sales (FRS) for undisclosed amount. With the acquisition of First Radio Sales (FRS), Bauer Radio gained enhanced advertising offering including the stations from FRS. First Radio Sales (FRS) is a UK-based company that sales radio advertising on behalf of more than 100 independent local radio stations. In addition to providing cross-platform advertising services, FRS provides sponsorships, promotions, branded content, events, and digital marketing solutions to national and regional customers. North America was the largest region in the radio advertising market in 2022. Western Europe was the second largest region in the global radio advertising market share. The regions covered in the global radio advertising market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the radio advertising market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The radio advertising market consists of revenue earned by entities by providing services such as planning, developing, creating and managing advertisement and promotional activities in radio. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products. The radio advertising market research report is one of a series of new reports from The Business Research Company that provides radio advertising market statistics, including radio advertising industry global market size, regional shares, competitors with a radio advertising market share, detailed radio advertising market segments, market trends and opportunities, and any further data you may need to thrive in the radio advertising industry. This radio advertising market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Television broadcasting refers to a technique of transmitting radio waves from transmitters to antenna receivers that generates visual pictures on TV that viewers may tune to and that are dictated by OTA TV stations that provide a significant number of independent channels with various frequencies. Radio broadcasting refers to a one-way wireless communication using radio waves that aims to reach a large audience. The main types of TV and radio broadcasting are radio broadcasting and television broadcasting. Television Broadcasting refers to a form of broadcasting radio signals from transmitters to antenna receivers that are producing video images through TV which can be tuned by people and prescribed by the OTA TV stations is producing a large number of autonomous channels with dissimilar frequencies. The different broadcaster types include public, commercial and are used in several applications such as residential, government, airports, hospitals, institutes, others. The global TV and radio broadcasting market is segmented - 1) By Type: Radio Broadcasting, Television Broadcasting 2) By Broadcaster Type: Public, Commercial 3) By Application: Residential, Government, Airports, Hospitals, Institutes, Other Applications Subsegments Covered: Radio Station, Radio Network, Television Station, Television Network The global TV and radio broadcasting market grew from $407.41 billion in 2022 to $431.1 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The TV and radio broadcasting market is expected to grow to $523.64 billion in 2027 at a CAGR of 5.0%. Virtual reality (VR) is increasingly being adopted by the TV and radio broadcasting industry to create a potential impact on audiences. Live events such as sports and music are expected to boost the demand for VR adoption during the forecast period, by helping audiences to connect with major events through a dynamic environment. For example, NextVR, a virtual reality platform for delivering live content, streamed Daytona 500 and a democratic debate. It also partnered with an events company Live Nation to broadcast live music to music fans worldwide. The rise in demand for VR content is expected to drive the market going forward. Major companies in the TV and radio broadcasting market include AT&T Inc., Charter Communications Inc., CBS Corporation, Twenty-First Century Fox, Inc., Liberty Global, DISH Network Corporation, Comcast Corporation, Discovery Inc., The Walt Disney Company, and Liberty Media Corporation. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on some of the TV and radio broadcasting markets in 2020 as businesses were disrupted due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity and restricted movement of goods and services with countries entering a state of 'lock down'. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, many media markets have been unaffected or benefited from this as they transmit their content remotely through digital channels. It is expected that the TV and radio broadcasting market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. TV and radio broadcasting companies are deploying technologies to allow users to access their content on mobiles and website portals. Access to various platforms and devices has increased over demand for TV and radio broadcasting services. For instance, mobile OTT (over-the-top) service Go90 introduced by Verizon and BingeOn by Comcast Watchable and T Mobile are new services aimed mainly at a youth audience., enabling users to watch content on mobile applications, web portals, and digital boxes. Western Europe was the largest region in the TV and radio broadcasting market in 2022. Eastern Europe is expected to be the fastest growing region in the forecast period. The regions covered in the TV and radio broadcasting report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the TV and radio broadcasting market report 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 TV and radio broadcasting market includes revenues earned by entities by operating broadcast studios and facilities for over-the-air or satellite delivery of radio and television programs. They often produce or purchase programs, which may include entertainment, news, talk shows, business data, or religious services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The TV and radio broadcasting market research report is one of a series of new reports from The Business Research Company that provides TV and radio broadcasting market statistics, including TV and radio broadcasting industry global market size, TV and radio broadcasting market regional shares, competitors with a TV and radio broadcasting market share, detailed TV and radio broadcasting market segments, TV and radio broadcasting market trends and opportunities, and any further data you may need to thrive in the TV and radiobroadcasting industry. This TV and radio broadcasting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Film refers to a motion image, a movie, or a collection of still images on film that are quickly displayed on a screen using light. Music refers to a pattern of sounds produced by musical instruments, voices, computers, or a mix of these, and is meant to be enjoyed by those who hear it. The main types of film and music are music recording, film, and video. Music recording refers to the physical record of a musical performance that is played back or reproduced. The various genres of film include action, horror, comedy, documentary, drama, and other genres. The different sectors include individual users, commercial users, and others. The global film and music market is segmented - 1) By Type: Music Recording, Film And Video 2) By Genre: Action, Horror, Comedy, Documentary, Drama, Other Genres 3) By End User: Individual Users, Commercial Users, Other End Users Subsegments Covered: Record Production, Music Publishers, Record Distribution, Sound Recording Studios, Film And Video Production, Film And Video Distribution, Post-Production Services, Film And Video Theatres, Other Film And Video Industries The global film and music market size grew from $319.12 billion in 2022 to $338.34 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global film and music is expected to grow to $413.9 billion in 2027 at a CAGR of 5.2%. The penetration of newer distribution platforms like internet protocol television (IPTV) and Direct-to-home (DTH) and online platforms such as YouTube, Vimeo is driving the growth of the film and music market. Digitization of TV platforms is paving the way for better sound and picture quality for viewers and increased revenues for stakeholders in the value chain. This is also resulting in more bandwidth for broadcasters to provide value-added services, thereby boosting revenues. Digital production techniques in films have reduced processing and storage costs. Digital distribution and exhibition have led to enhanced picture quality and shortened release window. These factors are expected to positively impact the growth of the film and music market during the forecast period. Major companies in the film and music market include Vivendi SA, Sony Corp, The Walt Disney Company, Universal Music Group, Financière de l'Odet, Comcast Corporation, Warner Music, Viacom Inc., CBS Corporation, and FUJI MEDIA HOLDINGS INC. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on some of the film and music markets in 2020 as businesses were disrupted due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity and restricted movement of goods and services with countries entering a state of 'lock down'. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, many media markets have been unaffected or benefited from this as they transmit their content remotely through digital channels. It is expected that the film and music market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Film and music production companies are increasingly adopting motion capture technology to reduce costs associated with key frame-based animations. Motion capture is the process of recording a live motion event and translating it into actionable data that allows a 3D recreation of the performance. To achieve these, performers need to wear reflective markers all over their bodies which are then interpreted by a computer and turned into digital 3D models. Through this technology, real-time results are achieved faster, and it also reduces the cost of key-frame animation. Some recent box-office blockbusters which incorporated motion capture technology include Avengers, Captain America, Beauty, and the Beast, Guardians, Iron Man, and others. North America was the largest region in the film and music market in 2022. Western Europe was the second-largest region in the film and music market share. The regions covered in the film and music market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the film and music market report 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 film and music market research report is one of a series of new reports from The Business Research Company that provides film and music market statistics, including film and music industry global market size, regional shares, competitors with a film and music market share, detailed film and music market segments, market trends and opportunities, and any further data you may need to thrive in the film and music industry. This film and music market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The film and music market includes revenues earned by entities by offering services like production and/or distribution of motion pictures, videos, television programs, or commercials, from the exhibition of motion pictures or from the provision of postproduction and related services of the production and distribution of musical recordings, from publishing music, or from providing sound recording services in the film and music industry. The market includes the production and distribution of animated cartoons, and instructional videos. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The music streaming feed audio content directly into the device, personal computers (PC), or mobile devices, without the need of downloading files from the internet. It is offered through a web-based or application-based service. Users can also download music for offline listening and upload their soundtrack to the cloud using these services. The main types of services provided by music streaming are on-demand streaming and live streaming. The on-demand streaming are the service in which a consumer requests the music according to his convenience. In on-demand streaming, music can be rewind, fast-forwarded, or paused as per the consumer demands. Music streaming offers audio and video content through application-based platform or web-based platform. Music streaming services are provided by revenue channels such as non-subscription and subscription and are used for individual use or commercial use. The global music streaming market is segmented - 1) By Service: On-Demand Streaming, Live Streaming 2) By Content: Audio, Video 3) By Platform: Application-Based, Web-Based 4) By Revenue Channels: Non-Subscription, Subscription 5) By End-Use: Individual, Commercial The global music streaming market grew from $27.29 billion in 2022 to $30.99 billion in 2023 at a compound annual growth rate (CAGR) of 13.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global music streaming market is expected to grow to $52.47 billion in 2027 at a CAGR of 14.1%. The increasing adoption of smart devices is expected to propel the growth of the music streaming market. Smart devices such as smartphones, and smart speakers have changed the way of listening to music. They include smart features like the ability to set alarms, play music on voice command, control smart devices in-home, and stream live music, as they are powered by a virtual assistant. For instance, according to statistics from Amazon Alexa 2020, nearly 53.6 million Amazon Echo speakers (smart speakers) were sold in 2020 which increase to 65 million in 2021. Therefore, the increasing adoption of smart devices will drive the growth of the music streaming market. Major players in the music streaming market are Amazon, Apple, Spotify, Gaana, SoundCloud, YouTube Music, Tidal, Deezer, Pandora, Sirius XM Holdings, iHeartRadio, Aspiro, Tencent Music Entertainment, Google, Idagio, LiveXLive, QTRAX, Saavn, Samsung, Sony Corporation, TuneIn, JOOX, NetEase, Kakao and Times Internet. Artificial intelligence and machine learning in music streaming devices are the key trends in the music streaming market. Technologies like artificial intelligence and Machine learning enhance the music streaming experience by increasing storage and improving the search recommendations, improving the overall experience. For instance, in January 2022, Gaana, an India-based music streaming app introduced a new product feature using artificial intelligence to enhance the music listening experience for its listeners. The app will modify music preferences using artificial intelligence to suit a person's particular occasion or daily mood. In May 2022, SoundCloud, a Sweden-based music streaming platform, announced the acquisition of Musiio, for an undisclosed amount. Through this acquisition, SoundCloud aims to strengthen its capabilities in AI and identify upcoming music trends and talent by leveraging its vast data. Musiio is a Singapore-based music technology start-up that uses AI for music streaming and automatically tag and identify songs. North America was the largest region in the music streaming market share in 2022. The regions covered in the global music streaming market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the music streaming market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The music streaming market includes revenues earned by entities by in-person, hybrid and virtual music streaming. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The music streaming market research report is one of a series of new reports from The Business Research Company that provides music streaming market statistics, including music streaming industry global market size, regional shares, competitors with an music streaming market share, detailed music streaming market segments, market trends and opportunities, and any further data you may need to thrive in the music streaming industry. This music streaming market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A film refers to a collection of moving pictures that are displayed on a screen and generally have sound to tell a story. Video refers to a recording of a movie or television show that may be seen on a television. The main types of film and video are film and video production, film and video distribution, post-production services, film and video theatres, other film and video industries. The complete process of making a video is referred to as video production. Whether it’s a short film, a feature film, a company marketing video, a television commercial, a video clip, or another genre of film, the procedure is essentially the same. The different genres include action, horror, comedy, documentary, drama, others, and are used in various applications such as film companies, film studios, others. The global film and video market is segmented - 1) By Type: Film And Video Production, Film And Video Distribution, Post-Production Services, Film And Video Theatres, Other Film And Video Industries 2) By Genre: Action, Horror, Comedy, Documentary, Drama, Other Genres 3) By Application: Film Company, Film Studio, Other Applications The global film and video market grew from $267.61 billion in 2022 to $283.5 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The film and video market is expected to grow to $344.84 billion in 2027 at a CAGR of 5.0%. Mobile video viewing has increased significantly in recent years and is expected to grow further during the forecast period. This is mainly driven by the rise in internet penetration and growth in smartphones usage. For instance, according to a Hootsuite study for 2020, 4.18 billion individuals (more than half of the global population) utilize mobile internet, and 57 percent of global video is watched on mobile devices. Adult Americans spend 30 minutes a day on average watching videos on their phones. Thus, a rapid increase in mobile video consumption is expected to drive the film and video market during the forecast period. Major companies in the film and video market include Vivendi SA, The Walt Disney Company, Comcast Corporation, Sony Corp, Financière de l'Odet, Viacom Inc., CBS Corporation, Lions Gate, ITV plc, and FUJI MEDIA HOLDINGS INC. COVID-19 Pandemic - The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on some of the film and video markets in 2020 as businesses were disrupted due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity and restricted movement of goods and services with countries entering a state of 'lock down'. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, many media markets have been unaffected or benefited from this as they transmit their content remotely through digital channels. It is expected that the film and video market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Autonomous drones are becoming popular among mainstream and indie film and video makers as they enhance film viewing experience cost-effective, lightweight, and reduce risks associated with cranes and cable cams during filmmaking. Autonomous drones are flying gadgets equipped with multiple rotors, built-in high-resolution cameras, and algorithms for capturing videos and pictures. It offers a 360-degree experiential recording experience with minimum human intervention. They are used to capture aerial shots, taking footage and images without having a cameraman on an actual helicopter. For instance, Major companies offering autonomous drones are DJI, Parrot, Yuneec, Kespry, Insitu, and EHANG. North America was the largest region in the film and video market in 2022. Africa is expected to be the fastest growing region in the forecast period. The regions covered in the film and video report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the film and video market report 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 film and video market includes revenues earned by entities by producing or distributing motion pictures, videos, television programs, or commercials, exhibiting motion pictures, or providing postproduction services. It includes the production and distribution of TV movies, sitcoms, dramas, reality shows, talk shows, game shows, news programs, children’s programs, art, sports programs, documentaries, animated cartoons, and instructional videos. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The film and video market research report is one of a series of new reports from The Business Research Company that provides film and video market statistics, including film and video industry global market size, film and video market regional shares, competitors with a film and video market share, detailed film and video market segments, film and video market trends and opportunities, and any further data you may need to thrive in the film and video industry. This film and video market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A music recording is a physical record of a musical performance that may be replayed or reproduced. The main types of music recording are record production, music publishers, record distribution, and sound recording studios. A music publisher is a sort of publishing company that focuses on the distribution of music. The different genres include rock, hip hop, pop, jazz, others and are used in several applications such as mechanical, performance, synchronization, digital, others. the various end-users include individuals, and commercial. The global music recording market is segmented - 1) By Type: Record Production, Music Publishers, Record Distribution, Sound Recording Studios 2) By Application: Mechanical, Performance, Synchronization, Digital, Other Applications 3) By End-User: Individual, Commercial 4) By Genre: Rock, Hip hop, Pop, Jazz, Other Genres The global music recording market grew from $51.52 billion in 2022 to $54.84 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The music recording market is expected to grow to $69.06 billion in 2027 at a CAGR of 5.9%. Access to music on mobile platforms has increased significantly in recent years and this trend is likely to continue in the forecast period, thus driving the music recording market. This is mainly driven by the rise in internet penetration and growth in smartphones and tablets, especially in emerging countries. In 2021, there was an 65% increase in music streaming accounts. Thus, a rise in the demand for music content through mobile platforms is expected to have a positive effect on the market during the forecast period. Major companies in the music recording market include Sony Corp, Universal Music Group, Warner Music, Financière de l'Odet, Avex Inc., Bertelsmann SE & Co KGaA, FUJI MEDIA HOLDINGS Inc., Hasbro Inc., and GMM Grammy Public Company Limited. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on some of the music recording markets in 2020 as businesses were disrupted due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity and restricted movement of goods and services with countries entering a state of 'lock down'. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, many media markets have been unaffected or benefited from this as they transmit their content remotely through digital channels. It is expected that the music recording market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Many music recording companies are offering to auto-tune applications to allow singers to exaggerate vocals and create a new pitch-perfect sound. Auto-Tune is an audio processing software used to measure and alter pitch in vocal and instrumental music recordings and performances. It is used to tweak small inaccuracies when singers sing out of tune and to retain the emotional content of the performance. For instance, major music recording studios offering to auto-tune software are Abbey Road Studios, London and Capitol Studios, Los Angeles to tune vocal recordings, add special effects and natural sound allowing the singer to sound pitch-perfect. Asia-Pacific was the largest region in the music recording market in 2022. Western Europe is expected to be the fastest growing region in the forecast period. . The regions covered in the music recording report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the music recording market report 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 music recording market includes revenues earned from the production and distribution of musical recordings, from publishing music, or from providing sound recording. Music recording is the electrical, mechanical, electronic, or digital inscription and playback of sound waves such as voice, song, instrumental music, and sound effects. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The music recording market research report is one of a series of new reports from The Business Research Company that provides music recording market statistics, including music recording industry global market size, regional shares, competitors with a music recording market share, detailed music recording market segments, music recording market trends and opportunities, and any further data you may need to thrive in the music recording industry. This music recording market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Media is the means or communication tool through which information, educational, entertainment, data, or promotional messages are disseminated. The main types of media are tv and radio broadcasting, film and music, information services, web content, search portals, social media, print media, cable, and other subscription programming. Print media refers to paper publications that are being circulated in the form of physical editions of books, magazines, journals, and newsletters. The different revenue models include subscription, advertisement, sponsorship, others and involve various applications such as wired, wireless. The global media market is segmented - 1) By Type: TV And Radio Broadcasting, Film And Music, Information Services, Web Content, Search Portals And Social Media, Print Media, Cable and Other Subscription Programming 2) By Revenue Model: Subscription, Advertisement, Sponsorship, Other Revenue Models 3) By Application: Wired, Wireless Subsegments Covered: Radio Broadcasting, Television Broadcasting, Music Recording, Film And Video, News Syndicates, Libraries And Archives, All Other Information Services, Social Media, Internet Search Portals, Digital Publishing And Content Streaming, Search Engine Optimization Services, Directory, Mailing List, And Other Publishers, Book Publishers, Newspaper & Magazines Publishers The global media market size grew from $2,195.19 billion in 2022 to $2,371.64 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global media is expected to grow to $3,200.17 billion in 2027 at a CAGR of 7.8%. Virtual reality (VR) is increasingly being adopted by the TV and radio broadcasting industry to create a potential impact on audiences. Live events such as sports and music are expected to boost the demand for VR adoption during the forecast period, by helping audiences to connect with major events through a dynamic environment. For example, NextVR, a virtual reality platform for delivering live content, streamed Daytona 500 and a democratic debate. It also partnered with an events company Live Nation to broadcast live music to music fans worldwide. The rise in demand for VR content is expected to drive the growth of the media market going forward. Major companies in the media market include Google, Facebook Inc., AT&T Inc., Netflix Inc., The Walt Disney Company, Apple, Tencent Holdings Co Ltd., CBS Corporation, Charter Communications Inc., and Sony Corp. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on some of the media markets in 2020 as businesses were disrupted due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity and restricted movement of goods and services with countries entering a state of 'lock down'. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, many media markets have been unaffected or benefited from this as they transmit their content remotely through digital channels. It is expected that the media market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy Autonomous drones are becoming popular among mainstream and indie film and video makers as they enhance film viewing experience cost-effective, lightweight, and reduce risks associated with cranes and cable cams during filmmaking. Autonomous drones are flying gadgets equipped with multiple rotors, a built-in high-resolution camera, and algorithms for capturing videos and pictures. It offers a 360-degree experiential recording experience with minimum human intervention. They are used to capture aerial shots, taking footage and images without having a cameraman on an actual helicopter. For instance, Major companies offering autonomous drones are DJI, Parrot, Yuneec, Kespry, Insitu, and EHANG. North America was the largest region in the media market share in 2022. Africa is expected to be the fastest growing region in the forecast period. The regions covered in the global media market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the media market report 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 media market includes revenues earned by entities by offering television and radio programs, motion pictures, and commercials, along with video and audio recordings, games, and publications. Examples of revenues are license fees, subscriptions, and payments for advertising. The market value includes the value of related goods sold by the service provider or included within the service offering. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The media market research report is one of a series of new reports from The Business Research Company that provides media market statistics, including media industry global market size, regional shares, competitors with a media market share, detailed media market segments, market trends and opportunities, and any further data you may need to thrive in the media industry. This media market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.