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Radio is secure for now, but needs to keep an eye on the future as digital adjacencies grow.
Sarah Kasher · Venture InsightsPeriod: December 20168 min read
Last updated
Radio share of average daily audio consumption in Australia
Expected radio advertising spend in 2021
This report analyses the Australian radio market, forecasting a stable but challenging five-year outlook. While radio currently dominates the audio landscape with a 54% share of average daily consumption, advertising expenditure is expected to remain flat at a -0.4% CAGR, moving from $1.12bn in 2016 to $1.10bn by 2021. The analysis explores the impact of digital disruptors, the rise of streaming services, and the long-term threat posed by autonomous vehicles to radio's unique selling proposition in-car.
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