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Future Growth in Music Market: Key Players- Universal Music Group, Warner Music Group, Sony Music Entertainment

01-18-2019 05:07 PM CET | IT, New Media & Software

Press release from: It Intelligence Markets

Future Growth in Music Market: Key Players- Universal Music

The IT Intelligence Market Research details the Global Music Market research by type (synchronization, digital music, performance rights, streaming and physical) and applications (commercial and personal use) - global industry analysis and forecasts for. Market forecasts, growth trends, and professional and in-depth studies of current conditions.

In addition, the report examines the music market for price, cost, and gross revenue. These three points are analyzed for type, company and geography. This data is included in the price of the extension for various types, applications and regions. The music market consumption of major regions is displayed. Type-wise and application-specific consumption figures are also provided.

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Top key players included in this report: Universal Music Group, Warner Music Group, Sony Music Entertainment, Rock Records Co., Ltd, Spotify, Apple Music, Kobalt, TAIHE MUSIC GROUP, PolyGram, Vivendi SA, EEG, H.Brothers etc.

The global recorded music market grew by XX%, the fastest rate of growth IFPI began tracking the market. This was a second consecutive year of global growth for the industry, with revenue increasing in the vast majority of markets, including nine of the top ten. This growth, however, should be viewed in the context of the industry losing nearly XX% of its revenues in the preceding 15 years. It makes up the majority of digital revenue, which, in turn, now accounts for % of total recorded music revenues.

Music companies are driving this digital evolution. The global music market is now seeing unprecedented competition, with streaming services developing and extending their offerings around the world. by a continuing commitment to invest in music and develop artists, and driven by the need to deliver their music to fans in ever more varied and exciting ways.

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To achieve this, music must be properly protected in an increasingly digital marketplace. The market flaw known as the ‘value gap’ must be fixed and fair revenue must return to those who invest in and create music.

Major Factors:

• Global Music Market Overview
• Economic Impact on Market
• Market Competition
• Global Music Market Analysis by Application
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Global Music Market Effect, Factors, Analysis
• Global Music Market Forecast

About IT Intelligence Markets:
We at IT Intelligence Markets conduct intensive market research and generate detailed reports about the products and services offered in the IT domain. Our team is devoted to providing custom reports that are taylor-made to suit the customer’s requirements. We make sure to keep our customers updated with the latest market dynamics as IT industry is undergoing sea change intrinsically & extrinsically by forces such as regulatory fluctuations, rapidly evolving consumer preferences, and newer technologies. Not only do our market research analysts scrutinize market requirements but also track competitors relentlessly for obtaining the most updated scenario of the market.

Contact info:
Contact Name: Vijay Tanna
Address: Survey No-9/4, Flat# 6, Panchshil Park, Ganpati Marg, Nigidi, Pune 411044
Phone: +91 976-460-7607

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