RESEARCH
Audio Essentials
This report takes you deep into the dynamic world of European audio, exploring the key trends shaping radio, podcasts, and music. It offers a comprehensive overview of the current market, future outlooks, as well as information on the major players and revenue streams.
Discover how public service media (PSM) drive radio and digital audio — and deliver real public value in news, culture, and democracy.
Here are just a few interesting takeaways:
- In 2024, Spotify overtook Acast to become the leader of the European podcast advertising market. Spotify also remains the leading music streaming service, accounting for 61% of total market revenues.
- The car remains the number one location for radio listening, with 56% of weekly reach in 2024. In-car radio reach has been remarkably stable over the past five years, confirming the enduring strength of radio in this context.
- The two most represented genres in PSM podcast catalogues are news & politics and society & culture. These genres are also the most consumed among PSM audiences.