NEW YORK, May 19, 2021 /PRNewswire/ --
The podcast market in Europe is set to grow by USD 630.25 million, progressing at a CAGR of over 24% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., Amazon.com Inc., Apple Inc., Aspiro AB, Audioboom Group Plc, British Broadcasting Corp., Deezer SA, Guardian Media Group Plc, SoundCloud Ltd., and Spotify Technology SA are some of the major market participants. Factors such as the rising penetration of smartphones and easy access to the Internet, the increase in the number of subscription services, and the growth in mobile advertisement spending will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Podcast Market in Europe 2021-2025: Segmentation
The podcast market in Europe is segmented as below:
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Podcast Market in Europe 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the podcast market in Europe provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Alphabet Inc., Amazon.com Inc., Apple Inc., Aspiro AB, Audioboom Group Plc, British Broadcasting Corp., Deezer SA, Guardian Media Group Plc, SoundCloud Ltd., and Spotify Technology SA.
The report also covers the following areas:
The rising penetration of smartphones and easy access to the Internet is likely to emerge as one of the primary drivers of the market. However, the intense competition among podcast service providers and inconsistent user preferences may threaten the growth of the market.
Backed with competitive intelligence and benchmarking, our research reports on the podcast market in Europe are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Podcast Market in Europe 2021-2025: Key Highlights
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Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Formats
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Website: www.technavio.com/
Report Page: https://www.technavio.com/report/podcast-market%20-in-europe-industry-analysis
SOURCE Technavio
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