Skip to main content

Momentum in the Global Digital Radio Market

The legacy broadcast radio sector has seen better days, but there's hope on the horizon. The worldwide digital radio market is on a roll, with unit sales expected to increase more than three-fold from 2006 to 2011, according to the latest assessment from In-Stat.

Recent developments include the availability of the new, enhanced Digital Audio Broadcasting (DAB)+ standard in the UK, an increase in the number of DAB trials throughout Europe and Asia, and the introduction of mobile devices with integrated DAB support, the high-tech market research firm says.

"From a regional standpoint, DAB technology is close to mass-market appeal in the UK, and is the pervasive digital radio technology throughout Europe," says Stephanie Ethier, In-Stat analyst. "Satellite radio remains the leading platform for digital radio in the U.S., despite notable progress in HD Radio awareness."

In-Stat's market study found the following:

- The global market for digital radio will grow from 9 million units in 2006 to almost 32 million units in 2011.

- In 2005, 57 percent of respondents to an In-Stat consumer survey in the U.S. were aware of HD Radio. This percentage had grown significantly to 77 percent by 2007.

- Increased choice of programming continues to be the primary driver of digital radio ownership.

Popular posts from this blog

Trillion-Dollar Smart Power Grid Transformation

The global energy landscape is undergoing a significant transformation. Renewable energy sources like solar and wind are rapidly gaining ground as we transition towards net-zero emissions. However, this transition hinges on a crucial but often overlooked factor: the modernization and expansion of our aging power grids across the globe. For decades the backbone of our electricity delivery system has been largely static. The influx of variable renewable energy sources like solar and wind presents a new challenge. Smart Power Grid Market Development Integrating these resources effectively requires a Smarter, more Responsive grid that can handle fluctuating power generation and efficiently distribute it across vast distances. This is where a new trillion-dollar energy market growth opportunity emerges. According to a recent worldwide market study by ABI Research, global investments in public grid digitalization and transmission network expansion must exceed $4 trillion by 2030 to meet our