If you've ever wondered whether your podcast is "supposed" to be bigger by now, a new industry report has some hard numbers worth sitting with.
MillionPodcasts' State of Video Podcasting 2026 report analyzed 34,208 active English-language video podcasts — shows that had published at least one episode in the previous 12 months, totaling 7.7 million episodes combined. The findings paint a clear picture of a market that's growing fast but staying extremely concentrated at the top, and they isolate a handful of factors that actually separate breakout shows from everyone else.
Here's what the data says, and what it means for your show.
The numbers on concentration are stark. According to the report, the top 10% of shows capture 85% of all modeled monthly listening. The top 1% alone — roughly 340 podcasts out of 34,000 — account for 42% of total listening. Meanwhile, the bottom half of the market, around 17,000 shows, collectively generates only about 1% of listening.
The gap between typical and average performance tells a similar story. The median show reaches about 2,000 monthly listeners, while the arithmetic mean is roughly 32,000 — a 16-fold difference driven by a small number of shows pulling in audiences in the hundreds of thousands or millions.
MillionPodcasts founder Anuj Agarwal frames this as consistent with other media markets, meaning it's the same distribution pattern seen in YouTube, streaming music, and best-seller lists.
Of all the variables in the report, the clearest predictor of audience size is simply how many episodes a show has published.
Shows with fewer than 25 episodes have a median audience of about 200 monthly listeners. Shows with 500 or more episodes reach approximately 30,000 monthly listeners — a 150-fold difference.
Agarwal has said this finding surprised his team more than any single audience number in the report, describing it as too large a gap to be coincidental. The report attributes this largely to attrition: most podcasts that fail simply stop publishing before their audience has time to compound. Growth here doesn't look like a viral moment — it looks like years of consistent output.
If you're optimizing your show around getting 5-star ratings, the data suggests you're chasing a metric that's already saturated across the entire market. Nearly 87% of podcasts in the dataset carry Apple ratings between 4.5 and 5 stars, meaning the vast majority of shows already sit in the same narrow band regardless of size.
What actually correlates with audience size is review volume — the number of people who took the time to leave a review at all, not the average score they gave. For creators, this reframes the review CTA: asking listeners to rate you 5 stars produces very little differentiation. Asking them to leave a written review is the version of that ask that tracks with real growth.
The report found a strong relationship between episode length and audience size. A typical video podcast episode runs about 41 minutes, and roughly two-thirds of shows publish episodes between 20 and 60 minutes. But the largest audiences skew toward much longer formats.
Shows with episodes under 20 minutes have a median audience of about 1,000 monthly listeners. Shows publishing episodes of 90 minutes or longer have a median closer to 6,500 — about 6.5 times higher. Compared to the more common 20-to-40-minute range, 90-minute-plus shows show roughly 225% higher typical reach.
It's worth being careful with this stat. The report doesn't claim that longer episodes cause growth — it's more likely that long-form, 90-minute+ formats (often deep interview or conversational shows) tend to be produced by more established hosts with existing audience gravity. Padding your runtime without changing your format isn't a strategy this data supports.
Business & Finance is the largest category by show count, with 6,282 active shows, followed by Religion & Spirituality (3,852), Health & Wellness (2,479), Sports (2,298), and News & Politics (1,909).
But show count and audience size don't move together. True Crime doesn't rank among the 10 largest categories by number of shows, yet the report notes it has several major franchises near the top of the audience rankings — a category where a small number of breakout shows capture outsized attention.
Among the 10 largest categories, News & Politics and Sports post the highest median audiences, at 4,500 and 4,000 monthly listeners respectively. Society & Culture follows at 2,500, with most other large categories clustering near 2,000.
Every one of the top 10 shows in the dataset distributes on YouTube. Agarwal frames 2026 as the year video podcasting shifted from a distribution experiment to a full production format in its own right — and predicts that the shows still growing over the next 18 months will be the ones treating video as the primary product, rather than shows built audio-first with a camera added on afterward.
Agarwal singles out shows in the 10,000–100,000 monthly listener range as the segment likely to see the most change over the next year. These shows are too large to run as a hobby but not yet big enough to command major brand budgets — a position that makes them, in his words, the natural target for network signings, ad-tech consolidation, and increasingly, AI-assisted production tools.
The report also breaks down audience demographics. The English-language video podcast market is centered heavily in the U.S., and while the audience skews slightly male, it's more balanced than the production base itself.
Millennials make up the largest share of consumption at 49%, followed by Gen X (27%) and Gen Z (16%). Nearly six in ten listeners fall into the middle-income tier, with only about one in five considered high income — a pattern the report says reflects video podcasting's shift into a mainstream medium rather than one aimed primarily at affluent early adopters.
Pulling the findings together, a few practical takeaways stand out:
Source: MillionPodcasts, "State of Video Podcasting 2026" report, based on analysis of 34,208 active English-language video podcasts.
Source: "Just 1% Of Video Podcasts Capture 42% Of All Listening, Study Finds," Podcast News Daily, reporting on MillionPodcasts' "State of Video Podcasting 2026" report.
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