The world of online podcasts is booming.
Listeners can dive into everything from captivating true crime series to expert career advice anytime, anywhere.
With millions of shows and countless new episodes released every day, there’s something for everyone.
This growth is great news for advertisers. Podcast ads allow brands to connect with highly targeted audiences in a personal, immersive way.
And it’s working — podcast advertising has grown into a billion-dollar industry.
Let’s look at the top podcast ad stats that reveal why this format is transforming the marketing world today.
General Podcast Ad Stats
It’s wild how far podcasts have come. Just a few years ago, many people didn’t even know what they were.
Today, podcasts account for a growing share of advertising dollars worldwide. In fact, they’ve become a key player in the global marketing landscape.
Here are some general podcast ad stats that explain the state of the podcast industry and why it’s a must for advertisers to tap into this channel:
1. Podcasts have come a long way, now taking up about 4% of the global marketing budget. That’s a big deal, especially considering that in 2016, nearly half (45%) of Americans didn’t even know what a podcast was.
2. The money spent on podcast ads is growing fast. In the U.S., ad revenue is expected to surpass $2.5 billion in 2024 — a mind-blowing 2,070% increase since 2015.
3. Mental health company BetterHelp is leading the pack when it comes to podcast ads. In just the first half of 2021, they spent $35.7 million, making them the biggest podcast advertiser in the U.S.
Top podcast advertisers in the United States
4. Podcast ads are taking a bigger slice of the pie. In 2019, they made up about 15% of digital audio ads. By 2024, that number is predicted to more than double to over 34%.
5. Globally, podcasts are gaining listeners fast. By 2024, the number of listeners hit 546.7 million, showing an 8% jump from the year before.
Global podcast listeners 2023-2027
6. In the U.S., podcast listening is booming. As of 2024, an estimated 135 million people listened to a podcast in the last month — up from 120 million in 2023.
7. The U.S. dominates the podcast ad market, with revenue estimated at $2.57 billion in 2024.
8. When it comes to platforms, YouTube, Spotify, and Apple Podcasts are the top picks for U.S. podcast listeners, making up 64% of weekly usage in April 2024.
9. Among those platforms, YouTube is the clear favorite, with 33% of listeners choosing it, followed by Spotify at 24% and Apple Podcasts at 12%.
Preferred platforms for listening to podcasts
Podcast Advertising Spend Stats
Thanks to the routine growth in podcast audiences and the high-quality listeners it attracts, there’s been a great surge in advertising investments.
With billions flowing into this space, brands are using podcasts to connect with listeners and drive results.
Here are some top podcast ad stats that show how advertisers are capitalizing on this trend.
10. In Q1 2024, 46% of U.S. podcast ad spend went to the top 500 podcasts, up from 37% in Q1 2023.
11. The next 2,500 ranked podcasts received 30% of ad spend, the same share as in 2023.
12. Lower-ranked podcasts saw 24% of ad spend, down from 33% in 2023.
13. Most podcast ad spend (54%) goes toward brand awareness ads, while 44% is spent on direct-response ads. Only 2% goes towards tune-in ads.
Common types of podcast ads
14. Advertisers are expected to spend about $2.28 billion on podcasts in 2024, a 15.9% increase from the previous year. Of this, 9.3% (about $211.9 million) will be spent programmatically.
15. U.S. podcast ad revenues from Spotify are about to reach $255.8 million in 2024, while iHeartMedia’s revenues are expected to hit $435.4 million.
16. By 2026, podcast ads are forecasted to surpass $3 billion, making up 35% of total spending on digital audio services.
17. According to Statista Market Insights, global podcast ad spending is expected to exceed $5 billion by 2027. With podcasts becoming more popular worldwide and ad loads still lower than other media, there’s huge potential for growth in the future.
Estimated podcast advertising spend worldwide
18. Podcasts will account for 5.1% of U.S. adults’ daily digital media time in 2024 but only 0.8% of digital ad spend.
Podcast Listener Demographics Stats
When it comes to advertising on social media platforms, understanding your audience is very important.
Knowing who will see your ads allows you to create messages that relate well to their interests. This approach makes your advertising strategy more effective.
Here are podcast ad stats that show important information about your audience, including their interests, age, gender, and more:
19. Millennials and Gen Z make up a whopping 61.6% of U.S. podcast listeners, so podcasts are an ideal platform if your target audience is in this age range.
20. Millennials are still the largest group of listeners at 32%, but Gen Z is catching up quickly. In 2024, 28.9% of Gen Z is tuning in, and their rate of discovering new podcasts is faster than any other age group. By 2027, they’re expected to take the lead.
Monthly podcast listeners in the United States
21. People aged 12-34 make up about 66% of podcast fans in the U.S., but listenership drops as age increases.
22. Podcast audiences are nearly evenly split by gender. In the U.S., 51% of monthly listeners are male, 48% are female, and 1% identify as non-binary.
Gender of monthly podcast listeners US
23. Historically, podcast listeners didn’t reflect the broader U.S. population, but that’s changing now. In 2023, 52% of listeners were white, while monthly listeners among other ethnic groups looked like this:
- 59% African American
- 63% Hispanic
- 62% Asian
24. Chile is the fastest-growing podcast market, with an incredible 84% month-over-month growth. The top five countries for podcast growth are Chile (84%), Argentina (55%), Peru (49%), Mexico (48%), and China (44%).
25. The U.S. leads in podcast listeners with 129.9 million people, followed by China with 117.1 million and Brazil with 51.8 million.
Monthly podcast listeners by country
Podcast Listening Behavior Stats
As an advertiser, you should care about podcast listening behavior because it helps you reach the right people with the right ads.
Podcasts usually attract specific types of listeners so when advertisers understand what kinds of podcasts people are tuning into, they can target their ads based on the listeners’ interests.
For example, if someone listens to fitness podcasts, they may be more interested in hearing ads for workout equipment or healthy snacks.
This makes the ads more relevant and more likely to grab their attention.
Here are some podcast stats about listening behavior that you should know if podcasts are part of your marketing strategy:
26. Smartphones are the top choice for listening to podcasts, with 70% of weekly listeners in the US using them. Meanwhile, only 12% prefer listening on laptops or desktops.
27. When it comes to podcast formats, 36% of listeners enjoy audio-only podcasts, while 33% prefer watching podcasts with video. Another 31% like to listen to the podcast while the video plays in the background or is minimized.
28. The most popular time to listen to podcasts is between 10 AM and 2 PM, with 26% of listeners tuning in during this window. The next most common time is before 10 AM, with 25% of listeners listening during the early morning hours.
Most popular times to listen to podcasts
29. When it comes to trying new podcasts, 28.9% of listeners will give a show up to 15 minutes to hook them. However, 27.5% of listeners will stop listening in 5 minutes or less if they’re not interested.
30. Podcast ads are effective, with 75% of listeners saying they were happy with a purchase they made after hearing an ad. In fact, 52.2% of Gen-Z listeners have bought something after hearing a podcast advertisement, compared to 42% of millennials.
31. Comedy is the favorite podcast genre for 22% of US listeners, according to a Statista study. News podcasts come in second, followed by true crime, sports, and health & fitness.
Leading podcast genres in the United States
32. Super Listeners (those who tune in for 5+ hours a week) are more likely to engage with ads. 51% of them pay more attention to podcast ads than ads on other media, and 56% say that hearing an ad makes them more likely to purchase a product.
33. Apple Podcasts leads the way with over 49 million podcast downloads every month. Spotify ranks second with 32 million monthly downloads, making up 26.4% of total downloads across all platforms.
34. The top 1% of podcasts are downloaded about 4,824 times on average in the first 7 days, while the top 5% are downloaded 1,101 on average in the same period.
Average number of podcast downloads in first 7 days
35. When it comes to ads on Spotify, nearly 93% of the brain’s attention to podcast content translates into engagement with the ads.
36. Podcast listeners can tolerate about 4 ads in a 60-minute episode and about 2 ads in a 15-minute one. Half of the most active podcast listeners (those who listen the most) believe podcast ads are the best way for brands to reach them.
37. 80% of listeners say that ads don’t hurt the overall quality of the podcast. And 55% of listeners confirm they’ve made a purchase after hearing about it on a podcast.
Podcast Ads Format Stats
Podcast ads come in different formats. There are dynamic ads, host-read ads, programmatic ads, pre-roll ads, mid-roll ads, post-roll ads, and sponsored segments.
It’s no secret that some of these ad formats perform better than others.
Here are some stats about these podcast ad formats:
38. Dynamically inserted ads make up 84% of all podcast ad revenue, while edited or baked-in ads account for just 16%. In 2019, dynamically inserted ads only generated 48% of podcast ad revenue.
Podcast ad revenue share by delivery mechanism
39. Over 70% of listeners prefer ads that are read live during the recording instead of ads that are played from pre-produced segments.
40. 55% of podcast ad revenue comes from host-read ads, with announcer-read and pre-produced ads contributing another 40%. Ads produced by brands or agencies make up just 3% of the total podcast ad revenue.
Podcast ad revenue share by ad type
41. When it comes to engagement, 38.2% of podcast listeners find host-read ads interesting, while 33.6% think podcast ads are effective. However, 27.9% don’t feel the same way.
42. Mid-roll ads (placed in the middle of podcasts) bring in almost two-thirds of podcast ad revenue. But this share has dropped recently as pre-roll ads (placed at the beginning of podcasts) started performing better in 2021.
Podcast ad revenue share by placement
43. Pre-roll ad revenue jumped from 22% in 2020 to 32% in 2021, and it’s become the most popular choice for brands new to podcast advertising.
44. In the US, the host reads 66.9% of podcast ads.
45. About half of all podcast ads are longer than 30 seconds.
Podcast Ads Performance Stats
Why would you invest in podcast advertising? Is it really beneficial for brands?
To answer questions like these, we have shared the most relatable podcast ad performance stats with you:
46. Podcasts are a favorite channel for brands looking to drive consumer action. 64% of listeners pay full attention to podcast ads, and a massive 95% of regular listeners take action after hearing one.
47. News podcasts generate the most ad revenue, accounting for 22% of the total. Comedy follows with a 16% share, and science takes third place at 12%.
Podcast advertising revenues percentage share by content genre
48. While brands spend 72% of their marketing budgets on digital campaigns, only 3% goes toward podcast advertising. The biggest chunks go to digital video (20%), social media (16%), digital display (14%), and paid search (13%).
49. In a 2021 survey of marketing managers with ad budgets over $1 million, 64% said attribution was their biggest challenge with podcast ads. Other challenges included campaign measurement (60%), scaling (56%), and third-party verification (55%).
50. Video is transforming how people experience podcasts. For the first time in 2024, more podcast fans watched podcasts than listened to them in the past 30 days, according to Sounds Profitable.
51. Listeners are comfortable with an average of 3.8 ads in a 60-minute podcast, 2.7 ads in a 30-minute podcast, and 2.2 ads in a 15-minute podcast.
Acceptable number of ads per podcast in the US
52. Podcast ads are highly effective for brand growth, boosting baseline awareness by 28% and improving brand recall by 24%. They also work well with other campaigns, increasing reach by up to 19% for certain groups.
53. In an Acast survey, marketers said podcast ads improve overall campaign performance by 21–40%.
54. Podcast ads resonate especially with Gen Z. 61% visited a product or company website after hearing an ad, and another 61% said they wanted the product or service advertised.
Actions US monthly podcast listeners have taken after hearing a podcast ad
55. Podcasting is booming, with over 2,000 brands advertising on podcasts. In Q1 2024 alone, 1,400+ brands tried podcast advertising for the first time.
56. Advertisers spend an average of $249k per month on podcast ads for shows in the top 500 rankings. Each new brand typically invests about $20k to test podcast ads.
57. Podcasts reach 42% of Americans every month—a significant jump from just 12% a decade ago.
Conclusion
Podcasts are becoming more popular than ever — and this trend shows zero signs of slowing down. Brands are pouring billions into podcast advertising, and judging by listener feedback, it’s definitely paying off.
It’s a win for everyone: podcasters earn revenue, listeners discover trusted product recommendations, and brands broaden their reach.
With our podcast ad stats, you’ll be ready to create a successful advertising strategy for 2025 and beyond.