Global Music Streaming Market to grow at a CAGR of 14.05% during the period 2017-2021
"The Report Global Music Streaming Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"About Music Streaming
Music streaming refers to a service that enables users to stream and listen to music/songs using a device connected to the Internet. Two types of services are available to users: paid music streaming and free music streaming. Music streaming allows the service providers to purchase digital rights from music recording companies. Users can access tracks listed on the service provider's application and website, based on the subscription type they purchase. These subscribers can also download music and playlists directly to their devices for offline listening, which does not require an Internet connection.
Technavios analysts forecast the global music streaming market to grow at a CAGR of 14.05% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global music streaming market for 2017-2021. To calculate the market size, the report considers the sales value as generated from free (advertising-based revenue) and subscription-based music streaming services.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Music Streaming 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
Apple,
Deezer,
Google,
iHeartMedia,
Pandora Media,
Spotify
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Other prominent vendors
Aspiro Group
Curb Records
Gaana.com (Gamma Gaana)
Guvera
Hungama MyPlay
Mixcloud
Myspace
Napster
RadioTime
Saavn
SoundCloud
Market driver
High growth in mobile ad spending market
For a full, detailed list, view our report
Market challenge
Intense competition and inconsistent user preferences
For a full, detailed list, view our report
Market trend
Rise of wearable technology
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?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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