Podchaser Logo
Home
The Podcast Advertising Market Surpassed $1B in 2021

The Podcast Advertising Market Surpassed $1B in 2021

Released Wednesday, 18th May 2022
Good episode? Give it some love!
The Podcast Advertising Market Surpassed $1B in 2021

The Podcast Advertising Market Surpassed $1B in 2021

The Podcast Advertising Market Surpassed $1B in 2021

The Podcast Advertising Market Surpassed $1B in 2021

Wednesday, 18th May 2022
Good episode? Give it some love!
Rate Episode

“And all this science I don’t understandIt’s just my job five days a weekA rocket man”
― Elton John // Bernie Taupin

During your podcasting journey, you’re bound to feel a bit lost.

Things have been a little crazy for me recently.

After many close calls, COVID got my family last month.

I’ve caught 6 mice in my house in the last 10 days.

My dad just returned home after a stint in the hospital. (Being a self-appointed patient advocate is exhausting.)

The stock market is correcting.

I foolishly tried running across my retaining wall yesterday in the pouring rain, slipped, and fell 4 feet onto the wet grass below. I tried to gracefully execute a ninja roll, but I looked more like the victim of a ninja who had kicked me off the wall.

My pipeline of podcast interviews went down to zero.

None of this appeared in my social media highlight reel, by the way. 

May is Mental Health Awareness Month so be sure to take time for yourself, if you need it.

For me, guitar is my medicine. If you’re in New Jersey this Saturday, come hear my friends and me play at The Heritage of Asian Pacific Islanders (HAPI) Fest NJ. The hula dancers will be fab.

If you fall, literally or figuratively, pick yourself up and hope the neighbors didn’t see you. Lucky for me, karate men bruise on the inside. And mud washes out of jeans easily.

Last week, I only had time to publish a 5-minute solo episode

Do what you can.

If you cannot. that’s okay too.

Your podcast is valuable. If you want to monetize, it is critical that you create engaging content and drive audience growth. Many experts will tell you that it should be in that order.

Podcast advertising is growing like a rocket defying gravity. 

The sixth annual IAB U.S. Podcast Advertising Revenue study by PricewaterhouseCoopers is out and the data is impressive.

For the first time ever, the podcast advertising market surpassed $1B in 2021.

  • Revenues increased 72% YoY to $1.4B and are forecasted to exceed $2B in 2022 and almost triple by 2024 to over $4B.
  • Podcast advertising grew 2X faster in 2021 (+72%) than the total internet ad market (+35%).


Podcast advertisers are not only seeing the benefits of brand-building and driving business outcomes, but they are getting more sophisticated.

In 2019, dynamically placed ads made up less than half of the podcast ad market. That has changed. Last year, 84% of ads were dynamically inserted into podcasts. 

Advertisers are using technology to manage campaigns that target listeners based on location, age, and gender. Further, there are better methods for advertisers to track the effectiveness of their ads.

The rapid growth makes sense. If advertisers can better...

Show More
Rate

Join Podchaser to...

  • Rate podcasts and episodes
  • Follow podcasts and creators
  • Create podcast and episode lists
  • & much more

Episode Tags

Do you host or manage this podcast?
Claim and edit this page to your liking.
,

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features