Industry Statistics and Trends
Radio Broadcasting in Europe key trends
Public broadcasters hold a significant share of audiences.
They maintain this dominance by targeting varied audiences and being funded through licensing fees or taxes, rather than relying on advertising revenue.
Streaming and podcasts pose a threat to radio audiences.
These digital platforms offer an on-demand and vast library of audio content, undermining traditional radio's scheduled programming and limited content provided to the public.
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Radio Broadcasting in Europe
Industry Revenue
Total value and annual change from 2011-2029. Includes 5-year outlook.
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Radio Broadcasting in Europe market size (2019-2024)
Industry revenue has declined at a CAGR of 2.9 % over the past five years, to reach an estimated €10.7bn in 2024.
Trends and Insights
Radio listenership has reached an equilibrium
- Radio listenership has been on a long-term slump amid rising competition from other media like podcasts and music streaming, but audience numbers have reached an equilibrium, slowing the drop in revenue.
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Radio Broadcasting in Europe outlook (2024-2029)
Market size is projected to grow over the next five years.
Streaming and podcasts pose an increasing threat to radio
- Radio stations were previously used by listeners to discover new music, but this has changed with the advent of music streaming that allow users to access vast libraries of music and podcast content. Over half of music listeners in Sweden, the UK and Germany have paid music streaming subscriptions, according to the International Federation of the Phonographic Industry.
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Revenue
€10.7bn
Employees
115k
Wages
€X.Xbn
European Leaders & Laggards
* CAGR values are for the years 2019-2024.
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Biggest companies in the Radio Broadcasting in Europe
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Arbeitsgemeinschaft der öffentlich-rechtlichen Rundfunkanstalten der B | 6,928.9 | N/A | N/A | |
British Broadcasting Corporation | 5,308.0 | 52.6 | 1.0 | |
Société Nationale de Radiodiffusion Radio France | 668.2 | 3.1 | 0.5 |
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Radio Broadcasting in Europe
Products & Services Segmentation
Industry revenue broken down by key product and services lines.
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Top Questions Answered in this Report
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What is the market size of the Radio Broadcasting industry in Europe in 2024?
The market size of the Radio Broadcasting industry in Europe is €10.7bn in 2024.
How many businesses are there in the Radio Broadcasting in Europe industry in 2024?
There are 8,208 businesses in the Radio Broadcasting industry in Europe, which has declined at a CAGR of 4.3 % between 2019 and 2024.
Has the Radio Broadcasting industry in Europe grown or declined over the past 5 years?
The market size of the Radio Broadcasting industry in Europe has been declining at a CAGR of 4.3 % between 2019 and 2024.
What is the forecast growth of the Radio Broadcasting industry in Europe over the next 5 years?
Over the next five years, the Radio Broadcasting industry in Europe is expected to decline.
What are the biggest companies in the Radio Broadcasting market in Europe?
The biggest companies operating in the Radio Broadcasting market in Europe are Arbeitsgemeinschaft der öffentlich-rechtlichen Rundfunkanstalten der B, British Broadcasting Corporation and Société Nationale de Radiodiffusion Radio France
What does the Radio Broadcasting in Europe include?
Music Radio and Sport Radio are part of the Radio Broadcasting industry.
Which companies have the highest market share in the Radio Broadcasting in Europe?
The company holding the most market share in Europe is Arbeitsgemeinschaft der öffentlich-rechtlichen Rundfunkanstalten der B.
Which countries have the most businesses in the Radio Broadcasting industry in Europe?
The European country with the most businesses in the Radio Broadcasting industry is Russia.
How competitive is the Radio Broadcasting industry in Europe?
The level of competition is moderate and steady in the Radio Broadcasting industry in Europe.
Related Industries
This industry is covered in 37 countries
- Radio Broadcasting in Austria
- Radio Broadcasting in the Netherlands
- Radio Broadcasting in France
- Radio Broadcasting in Switzerland
- Radio Broadcasting in Finland
- Radio Broadcasting in Slovenia
- Radio Broadcasting in Lithuania
- Radio Broadcasting in Bulgaria
- Radio Broadcasting in Spain
- Radio Broadcasting in Belgium
- Radio Broadcasting in Portugal
- Radio Broadcasting in Hungary
- Radio Broadcasting in Czechia
- Radio Broadcasting in Denmark
- Radio Broadcasting in Serbia
- Radio Broadcasting in Malta
- Radio Broadcasting in Croatia
- Radio Broadcasting in the UK
- Radio Broadcasting in Ireland
- Radio Broadcasting in Ireland
- Radio Broadcasting in Germany
- Radio Broadcasting in Luxembourg
- Radio Broadcasting in Russia
- Radio Broadcasting in Italy
- Radio Broadcasting in Sweden
- Radio Broadcasting in Turkey
- Radio Broadcasting in Slovakia
- Radio Broadcasting in Bosnia & Herzegovina
- Radio Broadcasting in Latvia
- Radio Broadcasting in Greece
- Radio Broadcasting in Romania
- Radio Broadcasting in Norway
- Radio Broadcasting in Poland
- Radio Broadcasting in Cyprus
- Radio Broadcasting in Estonia
- Radio Broadcasting in Iceland
- Radio Broadcasting in Europe
Table of Contents
About this industry
Industry definition
Participants in this industry broadcast and transmit radio programmes to the public, affiliates or subscribers. Broadcasts are transmitted via analogue or digital signals, the internet and cable or satellite systems. However, operators in the industry do not produce, promote or distribute taped recordings of radio programmes. The industry includes the production of content for live broadcasts, but not pre-recorded broadcast content.
Related Terms
DIGITAL BROADCASTINGANALOGUE BROADCASTINGONLINE BROADCASTINGWhat's included in this industry?
Music RadioSport RadioTalk RadioCompanies
Arbeitsgemeinschaft der öffentlich-rechtlichen Rundfunkanstalten der BBritish Broadcasting CorporationSociété Nationale de Radiodiffusion Radio FranceIndustry Code
601 - Radio broadcasting in Europe
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Performance
Key Takeaways
Radio listenership has reached an equilibrium
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Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue in the Radio Broadcasting in Europe industry (2011 -2029)
- Employees in the Radio Broadcasting in Europe industry (2011 -2029)
- Business in the Radio Broadcasting in Europe industry (2011 -2029)
- Profit in the Radio Broadcasting in Europe industry (2011 -2029)
Analysis
What's driving current industry performance in the Radio Broadcasting in Europe industry?
Outlook
Analysis
What's driving the Radio Broadcasting in Europe industry outlook?
Volatility
Analysis
What influences volatility in the Radio Broadcasting in Europe industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Radio Broadcasting in Europe industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Music is the main draw for radio listeners. Despite competition from streaming platforms, 73% of radio users tune in primarily for music, leading stations to evolve into music discovery platforms with additional content.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Radio Broadcasting in Europe industry's products and services performing?
Analysis
What are innovations in the Radio Broadcasting in Europe industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Radio Broadcasting in Europe industry?
International Trade
Highlights
- Largest Importer
- Smallest Importer
- Total Imports into Europe
- Largest Exporter
- Smallest Exporter
- Total Exports into Europe
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2024)
- Share of Total Industry Enterprises by Region (2024)
- Share of Total Industry Employment by Region (2024)
- Share of Total Industry Wages by Region (2024)
Industry Geographic Breakdown
Data Tables
Values and annual change provided for 37 European countries:
- Revenue (2024)
- IVA (2024)
- Enterprises (2024)
- Employment (2024)
- Exports (2024)
- Imports (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Public broadcasters dominate domestic markets. Across the continent, the market is fragmented by national borders, but domestically, public broadcasters often dominate.
Supply Chain
Charts
Buyer and supply industries
Companies
Market Share
Charts
- Industry Market Share by Company (2019-2024)
Companies
Data Tables
Top 9 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit Margin (2024)
Data Tables
- Countries of operation for Arbeitsgemeinschaft der öffentlich-rechtlichen Rundfunkanstalten der B
- Countries of operation for British Broadcasting Corporation
- Countries of operation for Société Nationale de Radiodiffusion Radio France
- Countries of operation for Global Media & Entertainment Ltd
- Countries of operation for Rai - Radiotelevisione Italiana SpA
- Countries of operation for NRJ Group SA
- Countries of operation for RTL Group SA
- Countries of operation for Sveriges Radio AB
- Countries of operation for Corporación de Radio y Televisión Española SA
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
National licenses are needed to broadcast radio. There is a limited number of radio waves available, so broadcasts are licensed out by national regulators.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Radio Broadcasting in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Radio's profitability declines amid competition and funding cuts. This results from reduced listener numbers, decreased advertiser demand, and shrinking state funding, forcing broadcasters to resort to cost-cutting measures.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Radio Broadcasting in Europe industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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