Traditional Radio Advertising Market size is expected to reach USD 28.5 billion by 2028
Traditional Radio Advertising Industry Overview The global traditional radio advertising market size was valued at USD 25.02 billion in 2021 and is expected to expand at a CAGR of 1.9% from 2022 to 2028. Radio is an efficient and portable advertising medium that appeals to a broader audience across the globe, which may accelerate market growth. Moreover, radio provides wide demographic coverage to a varied audience via a number of programs such as media & entertainment, news, employment, and education, which in turn is expected to propel the market growth. Furthermore, increasing spending on traditional radio advertising by various industries owing to the cost-effectiveness is accelerating market growth over the last few years. Additionally, the growing urbanization and rising infrastructure development across the globe are anticipated to propel market growth in the forecast period. Gather more insights about the market drivers, restrains and growth of the ...