The smart radio market is being driven by the growing market demand for radio ‘on-the-go’ and enable free-to-air listening in all radio sets, especially mobile devices such as smartphones and tablets. There is an increase in the type of distribution platform via which listeners are accessing the radio, such as the Internet and streaming via mobile networks. At present, listeners, mostly mobile, tend to access the radio via streaming, which turns out to be quite costly as this eats into the data usage of the listener while outside a Wi-Fi network. A smart radio is expected to address this issue by providing listeners the access to live broadcast services everywhere without any additional costs being incurred. In addition, this feature will be made available to everyone irrespective of the device used and the technology embedded in it. This will ease the pressure on mobile broadband networks.
Smart radios are essentially poised to revolutionize the radio for one and all ranging from broadcasters, and mobile network operators to governments and the advertising industry.
Europe is expected to be the leading region in the smart radio market and North America will account for the second position. Asia Pacific and other emerging economies are expected to exhibit low to medium growth rates till the end of the forecast period considered in this report.
North America, South America, APAC, Europe, Middle East and Africa
Several focus groups and campaigns in favor of the smart radio market have been in place for several years now. In 2014, the Euro-Chip Club, a European Broadcasters Union (EBU)-led initiative, was formed to “promote the campaign for the integration of analogue and digital broadcast chips in every mobile device under the new 'Smart Radio' banner.” This club comprises 18 European Public as well as Commercial Broadcasters and their main message is that the future of the radio is hybrid.
Following are just a few of the companies that are operating in the Smart Radio market
National Public Radio
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2. Executive Summary
3. Smart Radio – Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End User Profiling
3.2.3. Top 5 Financials Analysis
4. Smart Radio – Market Forces
4.1. Market Drivers
4.2. Market Constraints
4.3. Market Challenges
4.4. Attractiveness of the Smart Radio Market
4.4.1. Power of Suppliers
4.4.2. Power of Customers
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitution
4.4.5. Degree of Competition
5. Smart Radio Market– Strategic Analysis
5.1. Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunities Analysis
5.4. Product/Market Life Cycle Analysis
5.5. Suppliers and Distributors
6. Smart Radio Market – By Geography:
6.2. Global Study
6.3.1. North America
7. Market Entropy
7.1. New Product Launches
7.2. M&As, Collaborations, JVs and Partnerships
8. Company Profiles
8.2. Sticher Radio
8.5. National Public Radio
8.6. Clear Channel
8.7. Macquarie Radio
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*.
"*Financials would be provided on a best efforts basis for private companies"
9.3. Research Methodology
9.5. Compilation of Expert Insights