Consumer acceptance of internet radio has increased in the past five years. The popularity of smartphones and other new technology has increased consumer usage of industry services. However, internet radio broadcasters have faced difficulty in terms of profit, mainly because of issues with royalty regulations. In the next five years, the Internet Radio Broadcasting industry will continue to see growth. Rising disposable income will boost revenue, but it will remain difficult for operators to achieve significant profit growth.
Industry operators provide internet radio broadcast, including music and other media programs. This industry only includes firms that control noninteractive internet radio platforms and generate revenue through subscription and advertising. Small independent radio channels that do not generate revenue are excluded. On-demand online music streaming services are also excluded.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.