AMA Research, a global market research and consulting organization, have released a new study titled "Podcast Advertising market - Global outlook to 2030". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Podcast Advertising market to grow at a CAGR of %.
The Program, such as Business, is boosting the Podcast Advertising market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Advertising, such as Announcer-read/Pre-produced Ads, is boosting the Podcast Advertising market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Podcast Advertising market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Rapid Growth in Podcast Platform and Increasing Use of Smart Phones.
Podcast is a medium to broadcast a sound record to different podcast application users. The rising popularity of podcast platforms like Google Play, iTunes, and Spotify is wrinkling the perfect base for companies to reach maximum clients to bring about product awareness. Podcast promoting helps in expanding the customer leads for specific products of a company and helps to increase the customer base. The podcast works on auditory and mobile platform, so numerous users are using the podcast services were video records and messaging is an inconvenient for user. Podcast advertisements service providers are advertising and broadcasted different type of advertisements such as brand awareness promotion and branded content ads for generating more sales and increase brand awareness.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Podcast Advertising market , by Application (Residential Products and Commercial Products) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market