The Big Podcast Boom
According to Forbes, in 2020, an estimated 100 million people listened to a podcast each month, expecting growth to reach 125 million in 2022. The medium has also recently seen significant acquisitions, such as Spotify's purchase of Gimlet Media.
Critics across the globe called this the Gold Rush era for podcasts with over 900,000 podcasts to choose from – audiences are spoiled for choice. Do podcasts have what it takes to avoid the same fate as their audio predecessor?
Accela Communications examines how podcasts continue to innovate and stay ahead of the media landscape in this latest post.