- January 23, 2021
- Category: Gaming, Sports and Fitness, Other Industry Reports
Global Music Streaming Market Size study, by Service (On demand streaming, Live streaming), Content Type (Audio, Video), Platform (Apps, Browsers), End Use (Individual, Commercial) and Regional Forecasts 2020-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion) 1.2.1. Music Streaming Market, by Region, 2018-2027 (USD Billion) 1.2.2. Music Streaming Market, by Service, 2018-2027 (USD Billion) 1.2.3. Music Streaming Market, by Content Type, 2018-2027 (USD Billion) 1.2.4. Music Streaming Market, by Platform, 2018-2027 (USD Billion) 1.2.5. Music Streaming Market, by End Use, 2018-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Music Streaming Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Music Streaming Market Dynamics 3.1. Music Streaming Market Impact Analysis (2018-2027) 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Global Music Streaming Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Music Streaming Market, by Service 5.1. Market Snapshot 5.2. Global Music Streaming Market by Service, Performance - Potential Analysis 5.3. Global Music Streaming Market Estimates & Forecasts by Service 2017-2027 (USD Billion) 5.4. Music Streaming Market, Sub Segment Analysis 5.4.1. On-demand streaming 5.4.2. Live streaming Chapter 6. Global Music Streaming Market, by Content Type 6.1. Market Snapshot 6.2. Global Music Streaming Market by Content Type, Performance - Potential Analysis 6.3. Global Music Streaming Market Estimates & Forecasts by Content Type 2017-2027 (USD Billion) 6.4. Music Streaming Market, Sub Segment Analysis 6.4.1. Audio 6.4.2. Video Chapter 7. Global Music Streaming Market, by Platform 7.1. Market Snapshot 7.2. Global Music Streaming Market by Platform, Performance - Potential Analysis 7.3. Global Music Streaming Market Estimates & Forecasts by Platform 2017-2027 (USD Billion) 7.4. Music Streaming Market, Sub Segment Analysis 7.4.1. Apps 7.4.2. Browsers Chapter 8. Global Music Streaming Market, by End Use 8.1. Market Snapshot 8.2. Global Music Streaming Market by End Use, Performance - Potential Analysis 8.3. Global Music Streaming Market Estimates & Forecasts by End Use 2017-2027 (USD Billion) 8.4. Music Streaming Market, Sub Segment Analysis 8.4.1. Individual 8.4.2. Commercial Chapter 9. Global Music Streaming Market, Regional Analysis 9.1. Music Streaming Market, Regional Market Snapshot 9.2. North America Music Streaming Market 9.2.1. U.S. Music Streaming Market 220.127.116.11. Service breakdown estimates & forecasts, 2017-2027 18.104.22.168. Content Type breakdown estimates & forecasts, 2017-2027 22.214.171.124. Platform breakdown estimates & forecasts, 2017-2027 126.96.36.199. End Use breakdown estimates & forecasts, 2017-2027 9.2.2. Canada Music Streaming Market 9.3. Europe Music Streaming Market Snapshot 9.3.1. U.K. Music Streaming Market 9.3.2. Germany Music Streaming Market 9.3.3. France Music Streaming Market 9.3.4. Spain Music Streaming Market 9.3.5. Italy Music Streaming Market 9.3.6. Rest of Europe Music Streaming Market 9.4. Asia-Pacific Music Streaming Market Snapshot 9.4.1. China Music Streaming Market 9.4.2. India Music Streaming Market 9.4.3. Japan Music Streaming Market 9.4.4. Australia Music Streaming Market 9.4.5. South Korea Music Streaming Market 9.4.6. Rest of Asia Pacific Music Streaming Market 9.5. Latin America Music Streaming Market Snapshot 9.5.1. Brazil Music Streaming Market 9.5.2. Mexico Music Streaming Market 9.6. Rest of The World Music Streaming Market Chapter 10. Competitive Intelligence 10.1. Top Market Strategies 10.2. Company Profiles 10.2.1. Amazon.com, Inc. 10.2.1.1. Key Information 10.2.1.2. Overview 10.2.1.3. Financial (Subject to Data Availability) 10.2.1.4. Product Summary 10.2.1.5. Recent Developments 10.2.2. Apple, Inc. 10.2.3. Deezer 10.2.4. Google LLC. 10.2.5. iHeartMedia, Inc. 10.2.6. Pandora Media, Inc. 10.2.7. SoundCloud Limited 10.2.8. Spotify AB 10.2.9. Tencent Music Entertainment Group 10.2.10. Tidal (Aspiro AB) Chapter 11. Research Process 11.1. Research Process 11.1.1. Data Mining 11.1.2. Analysis 11.1.3. Market Estimation 11.1.4. Validation 11.1.5. Publishing 11.2. Research Attributes 11.3. Research Assumption
Global Music Streaming Market is valued approximately USD 20.9 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 17.8 % over the forecast period 2020-2027. Music Streaming services include platform that allow audience to listen audio, podcast and music videos and also provide on demand and live streaming services of full-length content through internet without downloading. The increasing consumer preferences toward the live streaming music, the rise in number of service providers, increase in the penetration of smart phones and the rise in number of commercial end users are the major factors driving the market. According to the report of China Based Tencent Music Entertainment group, in the first quarter of 2020, the revenue form online music subscription raised by 70% compared to the revenue of 2019, in addition to these the subscribers of online music touches 42.7 million which is approx. 50.0% a year over year rise. However, the increasing piracy all over the globe impedes the growth of the market over the forecast period of 2020-2027. Also, with the increasing popularity of live streaming music and availability of local content on online platforms is likely to increase the market growth during the forecast period.
The regional analysis of global Music Streaming market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the presence of key companies market such as Apple Inc., Google Inc. and high speed broadband and strong connection of network. Whereas, Europe is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as consumer shift in internet consumption, pattern of using smart phones would create lucrative growth prospects for the Music Streaming market across Europe region.
Major market player included in this report are:
Pandora Media, Inc.
Tencent Music Entertainment Group
Tidal (Aspiro AB)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
On demand streaming
By Content Type:
By End Use:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Music Streaming Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers