Global Music Streaming Market Forecast to Grow by $ 7.47 Billion during 2020-2024, at a CAGR of 19%
Dublin, May 22, 2020 (GLOBE NEWSWIRE) -- The "Global Music Streaming Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The music streaming market is poised to grow by $ 7.47 billion during 2020-2024 progressing at a CAGR of 19% during the forecast period. This report on the music streaming market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as key vendor analysis.
The market is driven by the high growth in mobile ad spending market, increased use of mobile apps and increase in number of subscription services. 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 advent of smart speakers will lead to sizable demand in the market.
The music streaming market analysis includes end-user segment and geographic landscapes.
The music streaming market covers the following areas:
Music streaming market sizing
Music streaming market forecast
Music streaming market industry analysis
This 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.
This report 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. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
This market research report provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Key Topics Covered:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
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 Segmentation by End-user
Comparison by End-user
Individual users - Market size and forecast 2019-2024
Commercial users - Market size and forecast 2019-2024
Market opportunity by End-user
Market Segmentation by Type
Comparison by Type
Free - Market size and forecast 2019-2024
Paid - Market size and forecast 2019-2024
Market opportunity by Type
North America - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Volume driver - Demand led growth
Market positioning of vendors
Samsung Electronics Co. Ltd.
Sirius XM Holdings Inc.
Spotify Technology SA
For more information about this report visit https://www.researchandmarkets.com/r/kknbfn
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