Podcast advertising market is anticipated to grow at a CAGR of 9.8% during the forecast period (2023-2030). Podcast advertising is a marketing activity that can help reach out to potential customers and encourage them to buy products or services. The growing adoption of prioritizing data and tracking in the podcast industry is the key factor supporting the growth of the market globally. podcast analytics and audience insights tool created a new prefix to provide brands and agencies with enhanced podcast audience and performance data. Hence, the market players are also focusing on introducing podcast audience and performance data solutions that further bolster the market growth. For instance, in October 2023, CoHost launched its prefix that aims to demystify podcast audiences for brands and agencies. Brands and agencies can enable the data made available by CoHost without changing hosting and distribution providers.
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The global podcast advertising market is segmented on the advertisement type, campaign type, and end users. Based on the advertisement type, the market is sub-segmented into pre-roll Ads, host-read Ads and supplied Ads. Based on the campaign type, the market is sub-segmented into brand awareness Ads, direct response Ads and branded content. Further, on the basis of end users, the market is sub-segmented into BFSI, media & entertainment, retail, IT & telecommunication, healthcare, automotive, travel and tourism and food & beverages. Among the end users, the media & entertainment sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of podcast advertising that offers brands the opportunity to partner with hosts and brand fans and earn the trust of their listeners.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Podcast Advertising Market Report Segment
By Advertisement Type
- Pre-Rolls Ads
- Host-Read Ads
- Supplied Ads
By Campaign Type
- Brand Awareness Ad
- Direct Response Ad
- Branded Content
By End Users
- BFSI
- Media & Entertainment
- Retail
- IT & Telecommunication
- Healthcare
- Automotive
- Travel and Tourism
- Food & Beverages
Global Podcast Advertising Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global podcast advertising market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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