TV and Radio Broadcasting Market Report 2026

The tv and radio broadcasting market size has grown strongly in recent years. It will grow from $506.11 billion in 2025 to $534.5 billion in 2026 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to rise of television ownership, growth of fm radio popularity, expansion of terrestrial tv networks, government-led public broadcasting initiatives, adoption of analog to digital broadcasting standards.

The tv and radio broadcasting market size is expected to see strong growth in the next few years. It will grow to $668.51 billion in 2030 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to surge in online streaming consumption, adoption of 5g and connected ecosystems, integration of ai-driven content personalization, increasing demand for immersive ar/vr content, expansion of satellite and hybrid broadcasting infrastructure. Major trends in the forecast period include growth of over-the-top (ott) streaming platforms, increasing demand for high-definition (hd) and 4k broadcasting, expansion of regional and local channels, shift towards hybrid radio broadcasting (fm/am + digital), regulatory changes in broadcast licensing.

The growing trend of digitalization is expected to drive the expansion of the TV and radio broadcasting market in the coming years. Digitalization involves transforming a business model by leveraging digital technology to create new revenue streams and value opportunities. This process integrates digital tools and procedures across various operations, including management, communication, production, and customer service. As a result, digitalization has transformed the television and radio broadcasting sectors, making them more efficient, cost-effective, and accessible to a wider audience. For example, a report from the Foreign, Commonwealth and Development Office (FCDO), a UK government department, stated that by 2030, the UK government aims to empower 50 million women and girls to safely participate in the digital world and assist 20 partner countries in improving national digital services through enhanced Digital Public Infrastructure (DPI). Thus, the increasing digitalization is fueling the growth of the TV and radio broadcasting market.

Major companies in the electrical equipment market are creating technologically advanced products, such as wiring devices, to ensure safe and reliable electrical connections. Wiring devices are essential electrical components used to connect, control, or distribute electrical power within a system. This category includes items like switches, outlets, plugs, and connectors, all of which facilitate safe and efficient electrical operation in residential, commercial, and industrial environments. For example, in February 2023, Futuri Media, a US-based company specializing in AI-driven solutions for the broadcast and digital publishing sectors, launched RadioGPT. This product is touted as the world's first AI-driven localized radio content solution, integrating GPT-3 technology with Futuri's proprietary AI story discovery system, TopicPulse, and advanced AI voice technology. RadioGPT™ uses TopicPulse to scan over 250,000 sources, including social media platforms like Facebook, Twitter, and Instagram, to identify trending topics in local markets. The goal is to transform the audio broadcasting landscape by offering a highly localized and engaging radio experience tailored to specific markets and formats.

In December 2025, Rithm Capital Corp., a U.S.-based financial services and investment firm, acquired Paramount Group Inc. for an undisclosed sum. Through this acquisition, Rithm Capital sought to broaden and diversify its commercial real estate platform by adding a premier portfolio of Class A office properties in major U.S. markets, strengthening its asset management and owner-operator capabilities. Paramount Group Inc. is a U.S.-based company that delivers extensive television broadcasting through networks such as CBS, Paramount Network, MTV, and Nickelodeon, as well as streaming services including Paramount+.

Major companies operating in the tv and radio broadcasting market are Comcast Corporation, The Walt Disney Company, Charter Communications Inc., NBCUniversal Media LLC, Discovery Inc., ViacomCBS Inc., DISH Network Corporation, Sky Group, Vivendi SE, Liberty Global plc, Sirius XM Holdings Inc., Nexstar Media Group Inc., FUJI MEDIA HOLDINGS Inc., Sinclair Broadcast Group Inc., Mediaset S.p.A., E.W. Scripps Company, CNN, Nine Entertainment Co., Entercom Communications Corporation, Cumulus Media Inc., Saga Communications Inc., TEGNA Inc.

Western Europe was the largest region in the TV and radio broadcasting market in 2025. Eastern Europe is expected to be the fastest growing region in the forecast period. The regions covered in the tv and radio broadcasting market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the tv and radio broadcasting market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The TV and radio broadcasting market includes revenues earned by entities by operating broadcast studios and facilities for over-the-air or satellite delivery of radio and television programs. They often produce or purchase programs, which may include entertainment, news, talk shows, business data, or religious services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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