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Radio Broadcasting in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Radio Broadcasting Market Research Report | NAICS 51511 | Apr 2015

Mixed signals: Competition will loom, but improved advertising will support modest growth

IBISWorld’s Radio Broadcasting market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$20bn
Annual Growth 10-15
1.0%
Annual Growth 15-20
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Profit
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Employment
101,613
Businesses
3,417
Industry Analysis & Industry Trends

Over the past five years, the Radio Broadcasting industry has battled to maintain its relevance and audience because of competition from digital media platforms. In particular, the industry has suffered because of its limited interaction with listeners and heavy reliance on advertising. Prior to the recession, radio stations benefited from being a long-standing part of most advertising budgets. As a result of the recession and its aftermath, companies in many sectors slashed advertising budgets early on in the five years to 2015. The economy is projected to recover over the next five years, with advertising budgets set to follow. Total advertising expenditure is anticipated to increase in the five years to 2020... purchase to read more

Industry Report - Industry Locations Chapter

Industry establishments are generally concentrated in states that hold a higher percentage of the US population. Because of the nature of the Radio Broadcasting industry, broadcasters are more likely to locate their facilities near densely populated areas that have a large pool of potential listeners. The highest concentration of establishments is in the Southeast, which also has the highest percentage of the US population. In 2015, the Southeast is expected to contain 29.4% of industry establishments while holding 25.4% of the US population. After the Southeast, the West and the Great Lakes regions hold 14.8% and 14.3% of industry establishments respectively, and the Mid-Atlantic and the Plains regions follow with a respective 11.5% and 10.7% of industry establishments... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Radio Broadcasting Industry?

This industry consists of broadcasting stations, networks and syndicates that transmit audio programming through AM, FM and satellite radio channels. The Radio Broadcasting industry excludes operators that function solely online.

Industry Products
CountryNews/TalkClassic RockUrbanTop 40Adult Contemporary
 
Industry Activities
Operating radio stationsOperating radio networksTransmitting programming to the public, subscribers or affiliatesCreating entertainment, news, talk, business, religious or other broadcast media content


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