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The music streaming market is poised to grow by $ 7.47 billion during 2021-2025 progressing at a CAGR of 19% during the forecast period.
The market is driven by the growth in mobile advertisement spending, use of mobile apps and increase in number of subscription services. In addition, high growth in mobile ad spending market is anticipated to boost the growth of the market as well.
The reports on music streaming market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The music streaming market analysis includes end-user segment and geographic landscape.
This study identifies the rise of wearable technology as one of the prime reasons driving the music streaming market growth during the next few years. Also, licensing agreements with new revenue streams and the advent of smart speakers will lead to sizable demand in the market.
The publisher’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading music streaming market vendors that include Alphabet Inc., Apple Inc., Comcast Corp., Deezer SA, IHEARTMEDIA, INC., Microsoft Corp., Samsung Electronics Co. Ltd., Sirius XM Holdings Inc., Sony Corp., and Spotify Technology SA.
Also, the music streaming market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers.
Key Topics Covered:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Individual users – Market size and forecast 2020-2025
- Commercial users – Market size and forecast 2020-2025
- Market opportunity by End-user
Market Segmentation by Type
- Market segments
- Comparison by Type
- Free – Market size and forecast 2020-2025
- Paid – Market size and forecast 2020-2025
- Market opportunity by Type
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2020-2025
- APAC – Market size and forecast 2020-2025
- Europe – Market size and forecast 2020-2025
- MEA – Market size and forecast 2020-2025
- South America – Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Alphabet Inc.
- Apple Inc.
- Comcast Corp.
- Deezer SA
- iHeartMedia Inc.
- Microsoft Corp.
- Samsung Electronics Co. Ltd.
- Sirius XM Holdings Inc.
- Sony Corp.
- Spotify Technology SA
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