The projection corresponds generally with mobile consumption of online audio, which has been over 60% of webcast listening in Triton Digital’s monthly Webcast Metrics report.
Internet radio ad revenue as a whole, desktop plus mobile, is projected to be fractional ($1.5-billion) compared to broadcast radio ($17.5-billion) in 2017. But mobile ad revenue for streaming radio will make up a third of the total amount, according to ZenithOptima.
The forecast report covered podcast advertising too, foreseeing growth over the next few years from $34-million this year to $37-million in 2017.