Music Streaming
Music Streaming Market 2020 By Content: (Audio Streaming, Video Streaming), By End-User: (Individual, Commercial) Forecast to 2025
Report ID: BMRC 2891 | Number of pages: 198 | Publish Date: Jun 2020 | Category: ICT and MediaGlobal Music Streaming Market is valued at USD XXXX in 2019 and expected to reach XXXX by 2025 with the CAGR of X% over the forecast period.
Increasing internet penetration with the growing pace of digitisation, rising usage of smartphones and laptops by an overwhelming youth population, and cheaper annual subscriptions of digital music apps are the major factors for driving the growth of Global Music Streaming Market.
Scope of Global Music Streaming Market Report-
Music streaming can be defined as the transmission of music in compressed form via the Internet, following the retrieval and playback at the convenience and time of the user without downloading the music files. These services do not require additional storage space. Depending on the user's choice, millions of songs can be accessed. The difference between online music streaming and downloading multimedia is that a copy of the music is not saved on the hard drive. If you want to hear it again, you can easily stream it again, although some paid music streaming services allow you to choose to stream and download simultaneously. The way the streaming process works is that the audio files are transferred in small packets, so that the data is cached on your computer and read immediately. As long as a stable data packet is delivered to your computer, you can hear the sound without any interference.
There are many benefits pertaining to music streaming. First of all, it is the most convenient and most popular platform for people. In the growing world of digitization, masses prefer to cherish their hobby of listening to music in the most updated and advanced manner, which is online streaming wherein they are provided with various options to personalize their music experience, like podcasts, customized playback lists and others. These features tempt the users to go for online music streaming. Another catering benefit of music streaming is its aid in eliminating privacy. Piracy is a major problem faced by music industry where due to the music and songs being pirated by anti-social elements, artists are paid no commission on their compositions. Subscription strategies and models allow artists to be paid from consumers, many of whom move from paying for pirated music to get a low cost and beneficial subscriptions on one or more music streaming platforms. Other benefits of digital music streaming are better analytics for music, easy distribution on streaming channels and others.
Global Music Streaming Market is segmented on the basis of content and end-user. On the basis of the type of content, market is segmented into audio and video streaming. On the basis of end-user, market is segmented into individual or residential, and commercial.
The regions covered in this Music Streaming market report are North America, Europe, Asia Pacific and rest of the World. On the basis of country level, market of Music Streaming is subdivided into U.S., Mexico, Canada, U.K., Germany, France, Italy, China, Japan, South East Asia, Africa, etc.
Music Streaming Companies :
Apple
Spotify
Deezer
Pandora
JOOX
Amazon Music
SoundCloud
iHeartRadio
TIDAL
Global Music Streaming Market Dynamics-
Increasing internet penetration with the growing pace of digitisation, rising usage of smartphones and laptops by an overwhelming youth population, and cheaper annual subscriptions of digital music apps are the major factors for driving the growth of Global Music Streaming Market. As per the statistics, around 229 million people worldwide have streaming subscriptions in which Amazon Music topped the list with nearly 65.4% service subscriptions in the survey presented in Music Consumption-The Overall Landscape 2018. The same survey revealed that about 56.3% of the people stated exercising smartphone music listening daily, whereas laptop streaming stood at around 20%. Moreover, increase in the exclusiveness in content, with various attractive and innovative features like podcasting, originals and personalized music charts, are also driving the growth of the market.
However, increasing instances of piracy in music industry, rising competition from a large line of music streaming companies and growing expenditure on licensing and contracting are some of the factors that may hamper the growth of the Music Streaming market.
There are increasing incidences of shifting consumer behaviour and preference towards on-time, on-demand services as per their own convenience and time, along with customized and dedicated personalizing in-app post-subscription options, are expected to provide lucrative opportunities for the market growth of Music streaming.
North America is expected to remain a dominant region in the Global Music Streaming Market.
North America is expected to dominate the major share of the market due to the high uptake of digital music in the United States, and the availability of resources to provide end users with a quality streaming experience. Also, there is a disposable income of the population in the region. The region has witnessed high adoption of advanced data services, such as uninterrupted 4G and high-speed broadband connections. US has encountered the largest streaming penetration in 2018, where, 1 person listened to online music for around 32 hours a week, this makes the user penetration rate into streaming somewhere near 47.3%.Asia Pacific is expected to exhibit a significant growth in Music streaming market on account of the rising adoption of digitization, a large-scale availability of free music streaming applications like JOOX, Gaana, Saavn etc. There is an increase in awareness regarding the risks of piracy in music which is further fueling the adoption of digital music streaming. The developing countries in the region like India, China and others are exhibiting raising establishments of streaming platforms to utilize the untapped potential in the region. According to Audio OTT Economy in India, developing economies like India, a consumer, on an average, spends nearly 21.5 hours per week listening to music. The country accounts for around 225 million video streaming subscriptions and 150 million digital audio subscriptions, which is expected to grow even more in coming years. Hence, APAC region will show an inclining growth.
Key Benefits of Global Music Streaming Market Report-
Global market report covers in depth historical and forecast analysis.
Global market research report provides detailed information about Market Introduction, Market Summary, Global Market Revenue (USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
Global Music Streaming Market Segmentation: -
By Content: Audio Streaming, Video Streaming
By End-User: Individual, Commercial
By Regional Analysis:
North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Table of Content 1 Study Coverage 1.1 Music Streaming Product 1.2 Key Market Segments in This Study 1.3 Key Manufacturers Covered 1.4 Market by Type 1.5 Market by Application 1.6 Study Objectives 1.7 Years Considered 2 Executive Summary 2.1 Global Music Streaming Market Size 2.1.1 Global Music Streaming Revenue 2014-2025 2.1.2 Global Music Streaming Production 2014-2025 2.2 Music Streaming Growth Rate (CAGR) 2020-2025 2.3 Analysis of Competitive Landscape 2.3.1 Manufacturers Market Concentration Ratio 2.3.2 Key Music Streaming Manufacturers 2.3.2.1 Music Streaming Manufacturing Base Distribution, Headquarters 2.3.2.2 Manufacturers Music Streaming Product Offered 2.3.2.3 Date of Manufacturers Enter into Music Streaming Market 2.4 Key Trends for Music Streaming Markets & Products 3 Market Size by Manufacturers 3.1 Music Streaming Production by Manufacturers 3.1.1 Music Streaming Production by Manufacturers 3.1.2 Music Streaming Production Market Share by Manufacturers 3.2 Music Streaming Revenue by Manufacturers 3.2.1 Music Streaming Revenue by Manufacturers (2014-2020) 3.2.2 Music Streaming Revenue Share by Manufacturers (2014-2020) 3.3 Music Streaming Price by Manufacturers 3.4 Mergers & Acquisitions, Expansion Plans 4 Music Streaming Production by Regions 4.1 Global Music Streaming Production by Regions 4.1.1 Global Music Streaming Production Market Share by Regions 4.1.2 Global Music Streaming Revenue Market Share by Regions 4.2 North America 4.2.1 North America Music Streaming Production 4.2.2 North America Music Streaming Revenue 4.2.3 Key Players in North America 4.2.4 North America Music Streaming Import & Export 4.3 Europe 4.3.1 Europe Music Streaming Production 4.3.2 Europe Music Streaming Revenue 4.3.3 Key Players in Europe 4.3.4 Europe Music Streaming Import & Export 4.4 China 4.4.1 China Music Streaming Production 4.4.2 China Music Streaming Revenue 4.4.3 Key Players in China 4.4.4 China Music Streaming Import & Export 4.5 Japan 4.5.1 Japan Music Streaming Production 4.5.2 Japan Music Streaming Revenue 4.5.3 Key Players in Japan 4.5.4 Japan Music Streaming Import & Export 5 Music Streaming Consumption by Regions 5.1 Global Music Streaming Consumption by Regions 5.1.1 Global Music Streaming Consumption by Regions 5.1.2 Global Music Streaming Consumption Market Share by Regions 5.2 North America 5.2.1 North America Music Streaming Consumption by Application 5.2.2 North America Music Streaming Consumption by Countries 5.2.3 United States 5.2.4 Canada 5.2.5 Mexico 5.3 Europe 5.3.1 Europe Music Streaming Consumption by Application 5.3.2 Europe Music Streaming Consumption by Countries 5.3.3 Germany 5.3.4 France 5.3.5 UK 5.3.6 Italy 5.3.7 Russia 5.4 Asia Pacific 5.4.1 Asia Pacific Music Streaming Consumption by Application 5.4.2 Asia Pacific Music Streaming Consumption by Regions 5.4.3 China 5.4.4 Japan 5.4.5 South Korea 5.4.6 India 5.4.7 Australia 5.4.8 Indonesia 5.4.9 Thailand 5.4.10 Malaysia 5.4.11 Philippines 5.4.12 Vietnam 5.5 Central & South America 5.5.1 Central & South America Music Streaming Consumption by Application 5.5.2 Central & South America Music Streaming Consumption by Country 5.5.3 Brazil 5.6 Middle East and Africa 5.6.1 Middle East and Africa Music Streaming Consumption by Application 5.6.2 Middle East and Africa Music Streaming Consumption by Countries 5.6.3 Turkey 5.6.4 GCC Countries 5.6.5 Egypt 5.6.6 South Africa 6 Market Size by Type 6.1 Global Music Streaming Production by Type 6.2 Global Music Streaming Revenue by Type 6.3 Music Streaming Price by Type 7 Market Size by Application 7.1 Overview 7.2 Global Music Streaming Breakdown Dada by Application 7.2.1 Global Music Streaming Consumption by Application 7.2.2 Global Music Streaming Consumption Market Share by Application (2014-2020) 8 Manufacturers Profiles 9 Production Forecasts 9.1 Music Streaming Production and Revenue Forecast 9.1.1 Global Music Streaming Production Forecast 2020-2025 9.1.2 Global Music Streaming Revenue Forecast 2020-2025 9.2 Music Streaming Production and Revenue Forecast by Regions 9.2.1 Global Music Streaming Revenue Forecast by Regions 9.2.2 Global Music Streaming Production Forecast by Regions 9.3 Music Streaming Key Producers Forecast 9.3.1 North America 9.3.2 Europe 9.3.3 China 9.3.4 Japan 9.4 Forecast by Type 9.4.1 Global Music Streaming Production Forecast by Type 9.4.2 Global Music Streaming Revenue Forecast by Type 10 Consumption Forecast 10.1 Music Streaming Consumption Forecast by Application 10.2 Music Streaming Consumption Forecast by Regions 10.3 North America Market Consumption Forecast 10.3.1 North America Music Streaming Consumption Forecast by Regions 2020-2025 10.3.2 United States 10.3.3 Canada 10.3.4 Mexico 10.4 Europe Market Consumption Forecast 10.4.1 Europe Music Streaming Consumption Forecast by Regions 2020-2025 10.4.2 Germany 10.4.3 France 10.4.4 UK 10.4.5 Italy 10.4.6 Russia 10.5 Asia Pacific Market Consumption Forecast 10.5.1 Asia Pacific Music Streaming Consumption Forecast by Regions 2020-2025 10.5.2 China 10.5.3 Japan 10.5.4 South Korea 10.5.5 India 10.5.6 Australia 10.5.7 Indonesia 10.5.8 Thailand 10.5.9 Malaysia 10.5.10 Philippines 10.5.11 Vietnam 10.6 Central & South America Market Consumption Forecast 10.6.1 Central & South America Music Streaming Consumption Forecast by Regions 2020-2025 10.6.2 Brazil 10.7 Middle East and Africa Market Consumption Forecast 10.7.1 Middle East and Africa Music Streaming Consumption Forecast by Regions 2020-2025 10.7.2 Turkey 10.7.3 GCC Countries 10.7.4 Egypt 10.7.5 South Africa 11 Value Chain and Sales Channels Analysis 11.1 Value Chain Analysis 11.2 Sales Channels Analysis 11.2.1 Music Streaming Sales Channels 11.2.2 Music Streaming Distributors 11.3 Music Streaming Customers 12 Market Opportunities & Challenges, Risks and Influences Factors Analysis 12.1 Market Opportunities and Drivers 12.2 Market Challenges 12.3 Market Risks/Restraints 12.4 Porter’s Five Forces Analysis 13 Key Findings in the Global Music Streaming Study 14 Appendix 14.1 Research Methodology 14.1.1 Methodology/Research Approach 14.1.1.1 Research Programs/Design 14.1.1.2 Market Size Estimation 14.1.1.3 Market Breakdown and Data Triangulation 14.1.2 Data Source 14.1.2.1 Secondary Sources 14.1.2.2 Primary Sources 14.2 Author Details 14.3 Disclaimer List of Tables and Figures Figure Music Streaming Product Picture Table Music Streaming Key Market Segments in This Study Table Key Manufacturers Music Streaming Covered in This Study Table Global Music Streaming Market Size Growth Rate by Type 2020-2025 & (Million US$) Figure Global Music Streaming Production Market Share by Type in 2018 & 2025 Figure Fixed Music Streaming Product Picture Table Major Manufacturers of Fixed Music Streaming Figure Music Streaming Product Picture Table Major Manufacturers of Portable Music Streaming Table Global Music Streaming Market Size Growth Rate by Application 2020-2025 Figure Global Music Streaming Consumption Market Share by Application in 2018 & 2025 Figure Music Streaming Report Years Considered Figure Global Music Streaming Revenue 2014-2025 (Million US$) Figure Global Music Streaming Production 2014-2025 Table Global Music Streaming Market Size Growth Rate by Regions 2020-2025 & (Million US$) Table Global Manufacturers Market Concentration Ratio Table Music Streaming Manufacturing Base Distribution and Headquarters Table Manufacturers Music Streaming Product Offered Table Date of Manufacturers Enter into Music Streaming Market Table Global Music Streaming Production by Manufacturers (2014-2020) Table Global Music Streaming Production Share by Manufacturers (2014-2020) Figure Global Music Streaming Production Share by Manufacturers in 2018 Table Music Streaming Revenue by Manufacturers (2014-2020) (Million US$) Table Music Streaming Revenue Share by Manufacturers (2014-2020) Table Music Streaming Price by Manufacturers 2014-2020 Table Mergers & Acquisitions, Expansion Plans Table Global Music Streaming Production by Regions 2014-2020 Table Global Music Streaming Production Market Share by Regions 2014-2020 Figure Global Music Streaming Production Market Share by Regions 2014-2020 Figure Global Music Streaming Production Market Share by Regions in 2018 Table Global Music Streaming Revenue by Regions 2014-2020 (Million US$) Table Global Music Streaming Revenue Market Share by Regions 2014-2020 Figure Global Music Streaming Revenue Market Share by Regions 2014-2020 Figure Global Music Streaming Revenue Market Share by Regions in 2018 Figure North America Music Streaming Production and Growth Rate 2014-2020 Figure North America Music Streaming Revenue and Growth Rate 2014-2020 (Million US$) Table North America Music Streaming Import & Export Figure Europe Music Streaming Production and Growth Rate 2014-2020 Figure Europe Music Streaming Revenue and Growth Rate 2014-2020 (Million US$) Table Europe Music Streaming Import & Export Figure China Music Streaming Production and Growth Rate 2014-2020 Figure China Music Streaming Revenue and Growth Rate 2014-2020 (Million US$) Table China Music Streaming Import & Export Figure Japan Music Streaming Production and Growth Rate 2014-2020 Figure Japan Music Streaming Revenue and Growth Rate 2014-2020 (Million US$) Table Japan Music Streaming Import & Export Table Global Music Streaming Consumption by Regions 2014-2020 Table Global Music Streaming Consumption Market Share by Regions 2014-2020 Figure Global Music Streaming Consumption Market Share by Regions 2014-2020 Figure Global Music Streaming Consumption Market Share by Regions in 2018 Figure North America Music Streaming Consumption and Growth Rate (2014-2020) Table North America Music Streaming Consumption by Application (2014-2020) Figure 2018 North America Music Streaming Consumption Market Share by Application Table North America Music Streaming Consumption by Countries (2014-2020) Figure 2018 North America Music Streaming Consumption Market Share by Countries Figure United States Music Streaming Consumption and Growth Rate (2014-2020) Figure Canada Music Streaming Consumption and Growth Rate (2014-2020) Figure Mexico Music Streaming Consumption and Growth Rate (2014-2020) Figure Europe Music Streaming Consumption and Growth Rate (2014-2020) Table Europe Music Streaming Consumption by Application (2014-2020) Figure 2018 Europe Music Streaming Consumption Market Share by Application Table Europe Music Streaming Consumption by Countries (2014-2020) Figure 2018 Europe Music Streaming Consumption Market Share by Countries Figure Germany Music Streaming Consumption and Growth Rate (2014-2020) Figure France Music Streaming Consumption and Growth Rate (2014-2020) Figure UK Music Streaming Consumption and Growth Rate (2014-2020) Figure Italy Music Streaming Consumption and Growth Rate (2014-2020) Figure Russia Music Streaming Consumption and Growth Rate (2014-2020) Figure Asia Pacific Music Streaming Consumption and Growth Rate Table Asia Pacific Music Streaming Consumption by Application (2014-2020) Table Asia Pacific Music Streaming Consumption Market Share by Application (2014-2020) Table Asia Pacific Music Streaming Consumption by Regions (2014-2020) Table Asia Pacific Music Streaming Consumption Market Share by Countries (2014-2020) Figure China Music Streaming Consumption and Growth Rate (2014-2020) Figure Japan Music Streaming Consumption and Growth Rate (2014-2020) Figure South Korea Music Streaming Consumption and Growth Rate (2014-2020) Figure India Music Streaming Consumption and Growth Rate (2014-2020) Figure Australia Music Streaming Consumption and Growth Rate (2014-2020) Figure Indonesia Music Streaming Consumption and Growth Rate (2014-2020) Figure Thailand Music Streaming Consumption and Growth Rate (2014-2020) Figure Malaysia Music Streaming Consumption and Growth Rate (2014-2020) Figure Philippines Music Streaming Consumption and Growth Rate (2014-2020) Figure Vietnam Music Streaming Consumption and Growth Rate (2014-2020) Figure Central & South America Music Streaming Consumption and Growth Rate Table Central & South America Music Streaming Consumption by Application (2014-2020) Figure 2018 Central & South America Music Streaming Consumption Market Share by Application Table Central & South America Music Streaming Consumption by Countries (2014-2020) Figure Central & South America Music Streaming Consumption Market Share by Countries Figure Brazil Music Streaming Consumption and Growth Rate (2014-2020) Figure Middle East and Africa Music Streaming Consumption and Growth Rate Table Middle East and Africa Music Streaming Consumption by Application (2014-2020) Figure 2018 Middle East and Africa Music Streaming Consumption Market Share by Application Table Middle East and Africa Music Streaming Consumption by Countries (2014-2020) Figure Middle East and Africa Music Streaming Consumption Market Share by Countries Figure Turkey Music Streaming Consumption and Growth Rate (2014-2020) Figure GCC Countries Music Streaming Consumption and Growth Rate (2014-2020) Figure Egypt Music Streaming Consumption and Growth Rate (2014-2020) Figure South Africa Music Streaming Consumption and Growth Rate (2014-2020) Table Global Music Streaming Production by Type (2014-2020) Table Global Music Streaming Production Share by Type (2014-2020) Figure Global Music Streaming Production Market Share by Type (2014-2020) Figure Global Music Streaming Production Market Share by Type in 2018 Table Global Music Streaming Revenue by Type (2014-2020) (Million US$) Table Global Music Streaming Revenue Share by Type (2014-2020) Figure Global Music Streaming Revenue Market Share by Type (2014-2020) Figure Global Music Streaming Revenue Market Share by Type in 2018 Table Music Streaming Price by Type 2014-2020 Table Global Music Streaming Consumption by Application (2014-2020) Table Global Music Streaming Consumption by Application (2014-2020) Table Global Music Streaming Consumption Share by Application (2014-2020) Figure Global Music Streaming Consumption Market Share by Application (2014-2020) Figure Global Music Streaming Production Forecast 2020-2025 Figure Global Music Streaming Revenue Forecast 2020-2025 (Million US$) Table Global Music Streaming Revenue Forecast 2020-2025 (Million US$) Table Global Music Streaming Revenue Forecast by Regions 2020-2025 (Million US$) Figure Global Music Streaming Revenue Forecast by Regions 2020-2025 (Million US$) Figure Global Music Streaming Revenue Market Share Forecast by Regions 2020-2025 Table Global Music Streaming Production Forecast by Regions 2020-2025 Figure Global Music Streaming Production Forecast by Regions 2020-2025 Figure Global Music Streaming Production Market Share Forecast by Regions 2020-2025 Figure North America Music Streaming Production Forecast 2020-2025 Figure North America Music Streaming Revenue Forecast 2020-2025 (Million US$) Figure Europe Music Streaming Production Forecast 2020-2025 Figure Europe Music Streaming Revenue Forecast 2020-2025 (Million US$) Figure China Music Streaming Production Forecast 2020-2025 Figure China Music Streaming Revenue Forecast 2020-2025 (Million US$) Figure Japan Music Streaming Production Forecast 2020-2025 Figure Japan Music Streaming Revenue Forecast 2020-2025 (Million US$) Table Global Music Streaming Production Forecast by Type 2020-2025 Figure Global Music Streaming Production Forecast by Type 2020-2025 Figure Global Music Streaming Production Market Share Forecast by Type 2020-2025 Table Global Music Streaming Revenue Forecast by Type 2020-2025 (Million US$) Figure Global Music Streaming Revenue Forecast by Type 2020-2025 (Million US$) Figure Global Music Streaming Revenue Market Share Forecast by Type 2020-2025 Table Global Music Streaming Consumption Forecast by Application 2020-2025 Figure Global Music Streaming Consumption Forecast by Application 2020-2025 Figure Global Music Streaming Consumption Market Share Forecast by Application 2020-2025 Table Global Music Streaming Consumption Forecast by Regions 2020-2025 Figure Global Music Streaming Consumption Forecast by Regions 2020-2025 Figure Global Music Streaming Consumption Market Share Forecast by Regions 2020-2025 Table North America Music Streaming Consumption Forecast by Regions 2020-2025 Figure North America Music Streaming Consumption Forecast 2020-2025 Figure United States Music Streaming Consumption Forecast 2020-2025 Figure Canada Music Streaming Consumption Forecast 2020-2025 Figure Mexico Music Streaming Consumption Forecast 2020-2025 Table Europe Music Streaming Consumption Forecast by Regions 2020-2025 Figure Europe Music Streaming Consumption Forecast 2020-2025 Figure Germany Music Streaming Consumption Forecast 2020-2025 Figure France Music Streaming Consumption Forecast 2020-2025 Figure UK Music Streaming Consumption Forecast 2020-2025 Figure Italy Music Streaming Consumption Forecast 2020-2025 Figure Russia Music Streaming Consumption Forecast 2020-2025 Table Asia Pacific Music Streaming Consumption Forecast by Regions 2020-2025 Figure Asia Pacific Music Streaming Consumption Forecast 2020-2025 Figure China Music Streaming Consumption Forecast 2020-2025 Figure Japan Music Streaming Consumption Forecast 2020-2025 Figure South Korea Music Streaming Consumption Forecast 2020-2025 Figure India Music Streaming Consumption Forecast 2020-2025 Figure Australia Music Streaming Consumption Forecast 2020-2025 Figure Indonesia Music Streaming Consumption Forecast 2020-2025 Figure Thailand Music Streaming Consumption Forecast 2020-2025 Figure Malaysia Music Streaming Consumption Forecast 2020-2025 Figure Philippines Music Streaming Consumption Forecast 2020-2025 Figure Vietnam Music Streaming Consumption Forecast 2020-2025 Table Central & South America Music Streaming Consumption Forecast by Regions 2020-2025 Figure Central & South America Music Streaming Consumption Forecast 2020-2025 Figure Brazil Music Streaming Consumption Forecast 2020-2025 Table Middle East and Africa Music Streaming Consumption Forecast by Regions 2020-2025 Figure Middle East and Africa Music Streaming Consumption Forecast 2020-2025 Figure Turkey Music Streaming Consumption Forecast 2020-2025 Figure GCC Countries Music Streaming Consumption Forecast 2020-2025 Figure Egypt Music Streaming Consumption Forecast 2020-2025 Figure South Africa Music Streaming Consumption Forecast 2020-2025 Figure Music Streaming Value Chain Table Music Streaming Distributors List Table Music Streaming Customers List Table Research Programs/Design for This Report Figure Bottom-up and Top-down Approaches for This Report Figure Data Triangulation Table Key Data Information from Secondary Sources Table Key Data Information from Primary Sources