25/09/2024
Podcast Revolution: 8.2 Million Australians Tune In Monthly, Reshaping Media Landscape.
In a ground-breaking study commissioned by Deadset Studios and Insightfully, it was revealed that 39% of Australians are listening to podcasts monthly, with an astronomical 8.2 million people now tuning in. -a staggering 8.2 million people-now listen to podcasts every month. Labeled PodPoll 24, the study drills down into the podcast listening habits of Aussies aged 15 and above, showing how fast this medium is becoming part of their daily routines.
The Highlights:
39% of Australians, or 8.2 million, listen to podcasts on a monthly basis, while 2 million each day tune in.
Regular listenership is highest within the 25-34-year-old bracket, at 60% of this age bracket.
The top podcast genres in Australia are: crime, comedy, and news/current affairs.
A massive 83% of listeners are concerned that AI-generated content isn't accurate.
Almost half of regular listeners-49%-are fans of branded podcasts; hence, opportunities are plenty for marketers.
Why It Matters: But this rising popularity of podcasts is a big paradigm shift for people's media consumption; at the same time, it opens up new and more personal ways for content producers, advertisers, and brands to reach their desired target audiences. While more and more podcasts become part of daily routines, they are not competing with traditional media; they're changing the whole concept of information consumption and sharing.
Our Analogy: Think of the podcast landscape much like a city that is expanding very fast. Just a few short years ago, it was just a small town: a few main streets-popular genres-and a few residents, the listeners. Now it's a thriving metropolis, complete with diverse neighborhoods-genres-millions of residents, or listeners, and new developments, the podcasts, going up daily. Like a growing city, this podcast boom opens expanded avenues for content creators to impact how people would spend their time and mold the spread of information and ideas across society.
Our Take as Podcast Producers: Well, it is like gold to all of us as producers. It not only justifies the growing importance of the medium that we work with but also provides the most crucial insights into strategic content development. The good engagement rate and a wish to try new formats-there is further scope for innovation and growth.
It also brings up the following important points: concern regarding AI-generated content speaks to the value of authentic, human-created podcasts, and rising interest in branded podcasts presents great opportunities for partnerships with businesses in pursuit of meaning with their target audiences. The survey underlines our belief that podcasting is a tectonic shift in media consumption to which we are particularly well-placed to lead and shape.
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