Prashanth Rao, a partner at Deloitte India, wrote an article with an outlook for podcasts and audiobooks in India. Deloitte’s latest data pegged the audiobook and podcast sector as commanding revenue of less than $5 billion globally in 2020. Continue Reading
Deloitte released its annual report with predictions for the tech, media, and telecom sectors. The analysis included a section devoted to audiobooks and podcasts. Deloitte predicted that the global podcast market would be worth $1.1 billion in 2020, while it pegged the global audiobook market as hitting $3.5 billion. Continue Reading
Brief news items and worthy reads from around the web: Vulture shares podcast insights. Qualcomm plans future smart speaker chip upgrades. Deloitte finds “subscription fatigue” for video. Continue Reading
Deloitte has released its 2019 predictions and is forecasting a big year ahead for smart speakers. The company projected that the smart speaker market will be worth $7 billion in 2019, a spike of 63% for total industry revenue. The report also gave a positive outlook for radio and artificial intelligence. Continue Reading
Italy’s music sector grew 22% to €65.5 million in the first half of 2015, according to the Italian Music Industry Federation. Audio and video streaming secured 26% of the total market. Both types of streaming generated €17.3 million in the half, up 37% from the year-ago period. Continue Reading
The Italian Music Industry Federation released its 2014 year-in-review. The data, compiled by Deloitte, revealed overall growth of 4% for revenue of €122 million in 2014, up from €117.6 million the previous year. Digital listening accounted for a greater proportion of that overall performance in 2014: up to 38% of the market, compared with 32% in 2013. Continue Reading
Consulting firm Deloitte released a study which assesses and predicts how the Millennial generation, deeply immersed in digital lifestyles, consumes media. Deloitte discovered that music consumption ranks second behind Pay-TV, ahead of computer games, movies, and other categories. But how much money? Continue Reading