Market Overview:
The global online audio platform market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for online audio platforms from various applications such as smartphones, computers, and other applications. In addition, the growing demand for online audio platforms from regions such as North America, Latin America, Europe, Asia Pacific and Middle East & Africa is also contributing to the growth of this market. Some of the major players operating in this market are Apple Inc., Google LLC., Microsoft Corporation and others.
Product Definition:
An online audio platform is a web-based service that allows users to upload, share, and stream audio files. Online audio platforms are commonly used to share music and podcasts. They can also be used for other types of audio files, such as lectures or conference calls. The importance of online audio platforms lies in their ability to reach large audiences quickly and easily. Additionally, they provide a means for users to interact with one another through comments and ratings.
iOS:
iOS is a mobile operating system developed by Apple Inc. and used in its products such as iPad, iPhone, and iPod Touch. It is also used in Apple TV which provides entertainment content through the internet. The iOS platform has gained popularity due to its ease of use and high application compatibility along with security features that prevent unauthorized access to user information or data stored on the device.
Android:
Android is a mobile operating system developed by Google, based on the Linux kernel. It is an open source software platform for smartphones and tablets. The key features of Android include its ability to run multiple applications at the same time, its use of multi-tasking (the ability to handle several tasks simultaneously), it has access to a larger variety of apps available in the market as compared to iOS (Apple Inc.) and its low price compared with iOS.
Application Insights:
Smartphone application segment led the global online audio platform market in 2017. The growth of this segment can be attributed to the increasing usage of smartphones for listening to music or podcasts while traveling, working out, relaxing at home or in the hotel room. Moreover, smartphone users are increasingly shifting from traditional music streaming services to online audio platforms due to its ease and convenience coupled with affordable pricing plans.
The computer application segment is expected register a significant CAGR over the forecast period owing to increased use of internet-based audio platforms by computer users at work or home for their daily dose of relaxation and entertainment. With more than 50 million registered members across all major regions on an average every day, it is clear that listeners prefer listening via computers as opposed to other devices like tablets and smartphones which indicates a high preference for using internet-based audio platforms on personal computers rather than mobile phones.
Regional Analysis:
North America dominated the global online audio platform market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to high smartphone penetration, increasing number of internet users, and growing popularity of digital services among music listeners in this region. Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising disposable income and expanding smartphone user base in developing countries such as India and China. Moreover, rapid urbanization has led to increased demand for multi-room audio systems with higher efficiency across this region which will drive industry growth further.
Growth Factors:
- Increasing demand for online audio content from users
- Proliferation of connected devices and growing penetration of broadband and wireless internet connectivity
- Rising popularity of podcasting
- Emergence of new audio streaming services
- Growing demand for personalized content
Scope Of The Report
Report Attributes
Report Details
Report Title
Online Audio Platform Market Research Report
By Type
iOS, Android, Windows, Other
By Application
Smartphone, Computer, Other
By Companies
Apple, Spotify, Sirius XM Holdings, Inc., Castbox, Overcast Radio, LLC, Google, National Public Radio, Podbean, TuneIn, Dragonfly FM, Guangzhou Lizhi Network Technology Co., Ltd., Himalaya
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Online Audio Platform Market Report Segments:
The global Online Audio Platform market is segmented on the basis of:
Types
iOS, Android, Windows, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Smartphone, Computer, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Apple
- Spotify
- Sirius XM Holdings, Inc.
- Castbox
- Overcast Radio, LLC
- Google
- National Public Radio
- Podbean
- TuneIn
- Dragonfly FM
- Guangzhou Lizhi Network Technology Co., Ltd.
- Himalaya
Highlights of The Online Audio Platform Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- iOS
- Android
- Windows
- Other
- By Application:
- Smartphone
- Computer
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Online Audio Platform Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Online Audio Platform is a web-based platform that enables users to create, manage and share audio content. It provides a variety of tools for creating, managing and sharing audio content, including the ability to record and share audio files online. Online Audio Platform also offers a range of features for music lovers, including the ability to listen to music offline and access curated playlists from around the world.
Some of the major players in the online audio platform market are Apple, Spotify, Sirius XM Holdings, Inc., Castbox, Overcast Radio, LLC, Google, National Public Radio, Podbean, TuneIn, Dragonfly FM, Guangzhou Lizhi Network Technology Co., Ltd., Himalaya.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Online Audio Platform Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Online Audio Platform Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Online Audio Platform Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Online Audio Platform Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Online Audio Platform Market Size & Forecast, 2018-2028
4.5.1 Online Audio Platform Market Size and Y-o-Y Growth
4.5.2 Online Audio Platform Market Absolute $ Opportunity
Chapter 5 Global Online Audio Platform Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Online Audio Platform Market Size Forecast by Type
5.2.1 iOS
5.2.2 Android
5.2.3 Windows
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Online Audio Platform Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Online Audio Platform Market Size Forecast by Applications
6.2.1 Smartphone
6.2.2 Computer
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Online Audio Platform Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Online Audio Platform Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Online Audio Platform Analysis and Forecast
9.1 Introduction
9.2 North America Online Audio Platform Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Online Audio Platform Market Size Forecast by Type
9.6.1 iOS
9.6.2 Android
9.6.3 Windows
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Online Audio Platform Market Size Forecast by Applications
9.10.1 Smartphone
9.10.2 Computer
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Online Audio Platform Analysis and Forecast
10.1 Introduction
10.2 Europe Online Audio Platform Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Online Audio Platform Market Size Forecast by Type
10.6.1 iOS
10.6.2 Android
10.6.3 Windows
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Online Audio Platform Market Size Forecast by Applications
10.10.1 Smartphone
10.10.2 Computer
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Online Audio Platform Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Online Audio Platform Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Online Audio Platform Market Size Forecast by Type
11.6.1 iOS
11.6.2 Android
11.6.3 Windows
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Online Audio Platform Market Size Forecast by Applications
11.10.1 Smartphone
11.10.2 Computer
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Online Audio Platform Analysis and Forecast
12.1 Introduction
12.2 Latin America Online Audio Platform Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Online Audio Platform Market Size Forecast by Type
12.6.1 iOS
12.6.2 Android
12.6.3 Windows
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Online Audio Platform Market Size Forecast by Applications
12.10.1 Smartphone
12.10.2 Computer
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Online Audio Platform Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Online Audio Platform Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Online Audio Platform Market Size Forecast by Type
13.6.1 iOS
13.6.2 Android
13.6.3 Windows
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Online Audio Platform Market Size Forecast by Applications
13.10.1 Smartphone
13.10.2 Computer
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Online Audio Platform Market: Competitive Dashboard
14.2 Global Online Audio Platform Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apple
14.3.2 Spotify
14.3.3 Sirius XM Holdings, Inc.
14.3.4 Castbox
14.3.5 Overcast Radio, LLC
14.3.6 Google
14.3.7 National Public Radio
14.3.8 Podbean
14.3.9 TuneIn
14.3.10 Dragonfly FM
14.3.11 Guangzhou Lizhi Network Technology Co., Ltd.
14.3.12 Himalaya
