Press release
Live Audio Streaming Market- Industry showing Huge Opportunity in Future with High CAGR (10.8%) by 2027
The global live audio streaming market is estimated to account US$ 470.2 Mn in 2018 and is expected to grow at a CAGR of 10.8% during the forecast period 2018 - 2027, to account to US$ 1,166.4 Mn by 2027.According to the GSMA estimates, the total number of unique mobile subscribers around the globe would increase up to 5.7 Bn by the end of 2020. Close to 75% of the world population would be subscribed to mobile services by 2020. The tremendous growth in the number of mobile subscribers in the past decade is majorly attributed to the developing economies of APAC where large percentage of the world population is concentrated. Further, the ubiquity of smartphones with high-speed internet connectivity has been a key driving factor for growth in adoption of streaming services, both audio and video. The mobile operators worldwide have invested close to US$ 700 Bn in the past decade for the development of the telecommunication network infrastructure. This factor would be propelling the demand of live audio streaming market in the forecast period.
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Global Live Audio Streaming Market Study
The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Live Audio Streaming market during the forecast period, i.e., 2021–2027. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies. The research segments the market on the basis of product type, application, technology, and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, and demand and production capability across different countries.
Major vendors covered in this report: Adobe Inc, Bloomberg L.P, DaCast, Lime Broadcast Group, Lineapp GmBH, Live365, MIXLR Ltd., Muvi LLC, SoundCloud, Spotify Technology S.A, Stream Monster Inc.
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Table of Content
Introduction
Key Takeaways
Research Methodology
Live Audio Streaming Market Landscape
Live Audio Streaming –Market Dynamics
Live Audio Streaming Market – Global Analysis
Live Audio Streaming Market Analysis – By Deployment Model
Live Audio Streaming Market Analysis – By End-User
Live Audio Streaming Market – Geographic Analysis
Live Audio Streaming Market- COVID-19 Impact Analysis
Industry Landscape
Company Profiles
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LIST OF TABLES
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