Press release
Global Background Music Market 2017-2021: Analysis, Trends, Market Demands, Segment And Forecast
About Background Music Market
Background music plays an important role in modern commercial and residential spaces. Retail stores, public transit, elevators, and malls are some of the major users of background music. This kind of music is intended for passive listening and helps in improving the ambience of places. It also positive influences a customer's mood, resulting in better shopping experiences for customers and retailers. The global background music market is fragmented with the presence of a large number of small and large vendors.
Technavios analysts forecast the global background music market to grow at a CAGR of 3.69 % during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global background music market for 2017-2021. To calculate the market size, the report considers the revenue generated from the use of background music by the following end-users:
Hospitality sector
Retail sector
Commercial buildings
Public infrastructure
Others
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Technavio's report, Global Background Music Market 2017-2021, 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.
Key vendors
Almotech Media Solutions
Imagesound
Mood Media
NSM Music Group
PlayNetwork
Other prominent vendors
CSI Music Services
Easy On Hold
HIBOU MUSIC
Nimbletank
SBA Music
Sunflower Music
Market driver
Increase in hotel construction
For a full, detailed list, view our report
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Market challenge
Increased adoption of digital music
For a full, detailed list, view our report
Market trend
Increase in number of concerts and live performances
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 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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Table of Content
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
Types of music by service
Types of music fans
PART 05: Market landscape
Global background music market
Five forces analysis
PART 06: Market segmentation by end-user
Global background music market by end-user
Global background music market in hospitality sector
Global background music market in retail sector
Global background music market in commercial buildings
Global background music market in public infrastructure
Global background music market in other sectors
PART 07: Buying criteria
Buying criteria for background music
PART 08: Geographical segmentation
Global background music market by geography
Background music market in Americas
Background music market in EMEA
Background music market in APAC
PART 09: Key leading countries
Key leading countries
Background music market in US
Background music market in UK
Background music market in Japan
PART 10: Decision framework
PART 11: Drivers and challenges
Market drivers
Market challenges
PART 12: Market trends
PART 13: Vendor landscape
Competitive scenario
Key leading vendors
Other prominent vendors
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