Global Music Market Will Grow At A CAGR Of 5.08% During The Period 2016-2020Global Music Market Will Grow At A CAGR Of 5.08% During The Period 2016-2020

Researchmoz added Most up-to-date research on "Global Music Market 2016-2020" to its huge collection of research reports.

Publishing, digital music, physical music copies, and concert tickets are a few primary revenue sources for the music market. The market growth is attributed to the rising number of vendors and their expanding reach in developing markets, the popularity of concerts, growing number of music schools, and prevalence of digital music formats. In 2015, the Americas accounted for the larger proportion of the market share, and the US was the chief revenue generating country.

Technavios analysts forecast the global music market to grow at a CAGR of 5.08% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global music market for 2016-2020. To calculate the market size, the report considers revenue generated from the following segments:
Concert tickets
Digital music
Physical music sales
Music publishing

The market is divided into the following segments based on geography:
Americas
EMEA
APAC

New report, Global Music Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
BMG
Kobalt Music
Sony/ATV Music
Universal Music
Warner Music

Other prominent vendors
Music streaming
Subscription
Music publishing
Concert tickets

Market driver
Increase in subscription services
For a full, detailed list, view our report

Market challenge
Decline in sales of physical records
For a full, detailed list, view our report

Market trend
Growth in mobile ad spending
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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