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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 | Sep 2016

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

The Radio Broadcasting market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • Operators will benefit from higher advertising budgets and technological advancements
  • Broadcasters have adopted the radio data system, further enhancing radio’s capabilities
  • Large companies are more likely than small ones to maintain profitability and stay in business
  • ... purchase to read more

Industry Analysis & Industry Trends

Over the past five years, the Radio Broadcasting industry has battled to maintain its relevance and audience due to competition from digital media platforms. IBISWorld expects the industry to decline in the five years to 2016. The economy is projected to grow over the next five years, with aggregate advertising expenditures set to follow. Total advertising expenditure is anticipated to increase over the five years to 2021. The industry is well established within the advertising portfolio and radio's role in advertising will not be eliminated overnight, but it is expected to diminish slowly as companies dedicate more resources to reaching consumers online. However, technological advancements will also help the industry, as satellite and digital radio are already becoming more prevalent... ... 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. Due to the ubiquitous 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. However, small markets in suburbs and rural areas still serve as vital areas for radio broadcasters. The highest concentration of establishments is in the Southeast, which also has the highest percentage of the US population. In 2016, the Southeast is expected to contain 28.3% of industry establishments while holding 25.6% of the US population. After the Southeast, the West and the Great Lakes regions hold 14.7% and 14.1% of industry establishments, respectively. The.. ... purchase to read more

Additional Insights for the Radio Broadcasting Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Radio Broadcasting Industry are

  • Ability to quickly adopt new technology
  • Ability to attract local support/patronage
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Total advertising expenditure and Per capita disposable income in the Radio Broadcasting industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    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/TalkClassicsUrbanTop 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

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Total advertising expenditure
  • Per capita disposable income
  • Number of broadband connections
  • Total vehicle miles
  • Current Performance
  • Struggling operations
  • Industry consolidation
  • Expanding radio’s reach
  • Media competition
  • Chart: Revenue Growth
  • Industry Outlook
  • Consolidation slows
  • Slow growth
  • Spotlight on satellite
  • Table: Radio Broadcasting Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Radio Broadcasting Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Consumers
  • Key Selling Industries
  • Advertising Agencies
  • Cable, Internet & Telephone Providers
  • Music Publishing
  • News Syndicates
  • Satellite Telecommunications Providers
  • Products & Services
  • Other
  • Classics
  • News/Talk
  • Top 40
  • Country
  • Adult Contemporary
  • Urban
  • Chart: Radio Broadcasting Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Consumers aged 45 to 54
  • Consumers aged 25 to 34
  • Consumers aged 35 to 44
  • Consumers aged 65 and over
  • Consumers aged 55 to 64
  • Consumers aged 18 to 24
  • Chart: Major Market Segmentation for the Radio Broadcasting Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Advertising and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Radio Broadcasting
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Radio Broadcasting Industry
  • Industry Globalization
    Major Companies
    Sirius XM Radio Inc.
    iHeartMedia Inc.
    CBS Corporation
    Cumulus Media Inc.
  • Table: Sirius XM Radio Inc. - financial performance
  • Table: iHeartMedia Inc. - financial performance
  • Table: CBS Corporation - financial performance
  • Table: Cumulus Media Inc. - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Radio Broadcasting Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Radio Broadcasting Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Total advertising expenditure (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Digital Radio
  • Digital radio broadcasts that require a digital receiver.
  • Pay-Radio
  • Radio broadcasts that may only be accessed after payment of a subscription fee.
  • Satellite Radio
  • A service that allows radio station operators to broadcast the same program via satellite to stations located over vast geographic areas.
  • Write-Down
  • The act of deliberately reducing the value of an asset in order to reflect its current market value.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Radio Broadcasting:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Radio Broadcasting market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Radio Broadcasting, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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