GITNUX MARKETDATA REPORT 2024

Must-Know Radio Industry Statistics [Latest Report]

Statistic 1

"There were 15,442 licensed radio stations in the U.S. in 2020."

Sources Icon

Statistic 2

"The global radio industry market size was valued at $46.5 billion in 2019."

Sources Icon

Statistic 3

"Commercial U.S. radio advertising revenue amounted to $13.3 billion in 2020."

Sources Icon

Statistic 4

"The public radio industry revenue in the U.S. was $5.7 billion in 2020."

Sources Icon

Statistic 5

"87% of UK adults listen to the radio each week."

Sources Icon

Statistic 6

"The average American listens to the radio for 106.2 minutes per day."

Sources Icon

Statistic 7

"Radio reaches 88% of Hispanics and 92% of African Americans in the U.S. each week."

Sources Icon

Statistic 8

"56% of radio listeners in the UK are aged 15 to 54."

Sources Icon

Statistic 9

"Digital radio platform (DAB) listening in the UK makes up 58.5% of radio listening hours."

Sources Icon

Statistic 10

"81.4% of new cars sold in the UK in 2020 featured DAB digital radio."

Sources Icon

Statistic 11

"Approximately 44.7% of Australians aged 15+ listen to the radio during the morning drive time."

Sources Icon

Statistic 12

"The FM radio broadcasting market in Germany is expected to grow at a CAGR of 2.6% from 2021 to 2028."

Sources Icon

Statistic 13

"The share of ad spend for radio in the U.S. in 2020 was 9.3%."

Sources Icon

Statistic 14

"China is the largest market for radio broadcasting, and the industry’s revenue reached $3.2 billion in 2020."

Sources Icon

Statistic 15

"Radio penetration in the Middle East during Q3 2020 was 71.2%."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!