Music Streaming Market to Grow at a CAGR of 7.4% to reach US$ 46.99 Billion from 2020 to 2027

Music Streaming Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Content Type (Audio Streaming, Video Streaming); Streaming Type (Live Streaming, On-demand Streaming); End User (Commercial, Individual)

Publication Month: Jun 2020 | Report Code: TIPRE00003356 | No. of Pages: 160 | Category: Technology, Media and Telecommunications | Status: Published
Covid

In terms of revenue, the global music streaming market was valued at US$ 26.04 billion in 2019 and is projected to reach US$ 46.99 billion by 2027 and is expected to growat a CAGR of 7.4% during the forecast period 2020-2027.

The music streaming market is growing with the risingsmartphone usage, internet penetration, and growing population. The scope ofthe digital music streaming websites is taking over the musical scenario. Owingto the availability of cloud technology, regional music offerings, increasedsmartphone adoption, advanced streaming applications, and lesser cost of dataare some of the major aspects transforming the entire landscape of musicstreaming. Spotify, Tidal, Apple Music, iHeartRadio, Deezer, Amazon MusicUnlimited, and YouTube Music are some of the prominent online music streamingservices prevailing in the market. The application of music platforms ismajorly adopted within the age group of 18to 30years, as the individuals ofthis group are willing to invest high value on music streaming. Targeting newdemographics would potentially raise service subscriptions and revenue of theproviders.

North America dominated the music streaming market in 2019,followed by APAC. In SAM, Spotify accounts 46% of total South Americancustomers in streaming services and Deezer accounts 12%. In MEA, footprints ofregional players are giving tough competition to gigantic music streamingservice providers including Spotify and Amazon. By 2021, streaming services areprojected to be recognized as a prominent source of digital music in the USmarket with estimated total of 120 million streaming users.

Impact of COVID-19Pandemic on Music Streaming Market

The COVID-19 outbreak, which began in Wuhan (China) inDecember 2019, has spread at a fast pace worldwide. The global factoryshutdowns, travel bans, and border lockdowns, to combat and contain theoutbreak, have impacted every industry and economy worldwide. Music and Mediaindustry is also impacted negatively and thus act as a restraining factor forthe growth of various markets related to this industry in the coming months.One of the critical areas highly impacted is live performances. The industry isfighting back to recover the loss and come-up with new business models. Tomonetize, the companies are coming up with live shows on streaming devices. Inthe first quarter of 2020, the online music subscription was increased byaround 70% YoY, globally. The COVID-19 outbreak has been affecting economiesand industries in various countries due to lockdowns, travel bans, and businessshutdowns. The global information and communication technology (ICT) industryis one of the major sectors that is facing severe disruptions such as supply chainbreaks, technology events cancellations, and office shutdowns as a result ofthis outbreak. 

Lucrative Regional Music Streaming Market

 

Lucrative Regional Music Streaming Market

Get more information on this report :

 

Market Insights

Rising prominence ofsmart phones

Music streaming service providers such as Apple haswitnessed increase in spending on music by the Americans. The company’s paidsubscriber base is larger than Spotify's in the US. In context to musicsubscribers, Spotify always aims to convert free listeners into paidsubscribers. The paid subscription services are capturing largest market sharedriven by the introduction of new services such as Apple Music and TIDAL. Theconcept of digitalization is accelerating the popularity of digital musicwebsites. The large portfolio of music subscribers managed by music streamingservice providers is supporting to drive the growth of entire music streamingmarket across the world. In January 2020, Amazon declared that their musicstreaming service has reached over 55 million customers worldwide. In June2019, Apple stated that the company has 60 million individuals making paymentsfor an Apple Music subscription.

Content Type-Based Insights

In terms of content type, the audio streaming segment capturedthe largest share of the global music streaming market in 2019.Beginning from musicstreaming to podcasts, an appetite for digital audio has been witnessed. 

Global Music Streaming Market, by End User– 2019 and 2027

 

Global Music Streaming Market, by End User– 2019 and 2027

Get more information on this report :

 

Streaming Type-Based Insights

In terms of streaming type, the on-demand segment held alargest share of the global music streaming market in 2019. Due to rise in thedemand for online content driven by better internet speed and Smartphonepenetration, the use of on-demand streaming is gaining high momentum and isforecasted to endure its growth. 

End User-Based Insights

In terms of end-user, the individual segment captured thelargest share of the music streaming market in 2019.Introduction of individualsubscription plans by Spotify, Amazon is benefitting the individuals. 

Strategic Insights

In the music streaming market, companies mainly adopt the marketinitiatives strategies to expand their footprint worldwide by meeting thegrowing demand for their offerings. These strategies are mostly observed to beimplemented in the market in North America. A few of the recent initiatives inthe music streaming market are listed below: 

2020: Google is eliminating its Google Play Music in 2020and transitioning existing customers to its other music service, YouTube Music.The company made a strategic decision to focus on the marketing of YouTubemusic instead of Google Play Music. 

2019: Amazon Music expanded access to free streamingservice, and the customers would be able to listen to Amazon Music’sad-supported selection for free. It is available to customers in the US, the UK,and Germany who doesn’t have a prime membership or a subscription to AmazonMusic Unlimited. 

Market Segmentation

Music Streaming Market – By Content Type

  • Audio Streaming
  • Video Streaming

Music Streaming Market – By Streaming Type

  • Live Streaming
  • On-demand Streaming

Music Streaming Market – By End User

  • Commercial
  • Individual

Music Streaming Market- By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • Middle East and Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America
    • Brazil
    • Argentina
    • Rest of SAM

 

Companies Profiled inMusic Streaming Market are as Follows:

  • Amazon, Inc.
  • Apple Inc.
  • Deezer,
  • Google Inc.
  • iheartmedia, Inc.
  • Joox
  • Pandora Media, Inc.
  • SoundCloud
  • Spotify
  • Tidal

 

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Music Streaming MarketLandscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 APAC

4.2.4 MEA

4.2.5 SAM

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Music Streaming Market – Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Growing Popularity of Digital Music Streaming Websites

5.1.2 Rising Number of Music Subscribers

5.2 Key Market Restraints

5.2.1 Availability of Free Digital Music Platforms

5.3 Key Market Opportunities

5.3.1 Scope of On-Demand Streaming

5.4 Future Trends

5.4.1 Availability of Regional Content

5.5 Impact Analysis of Drivers and Restraints

6. Music Streaming Market– Global Analysis

6.1 Music Streaming Market Global Overview

6.2 Music Streaming Market– Revenue and Forecast to 2027 (US$ Billion)

6.3 Market Positioning – Five Key Players

7. Music Streaming Market Analysis – By Content Type

7.1 Overview

7.1.1 Music Streaming Market Breakdown, by Content Type, 2019 & 2027

7.2 Audio Streaming

7.2.1 Overview

7.2.2 Audio Streaming Market Revenue and Forecast to 2027 (US$ Million)

7.3 Video Streaming

7.3.1 Overview

7.3.2 Video Streaming Market Revenue and Forecast to 2027 (US$ Million)

8. Music Streaming Market Analysis – By Streaming Type

8.1 Overview

8.2 Music Streaming Market Breakdown, by Streaming Type , 2019 & 2027

8.3 Live Streaming

8.3.1 Overview

8.3.2 Live Streaming Market Revenue and Forecast to 2027 (US$ Million)

8.4 On-demand Streaming

8.4.1 Overview

8.4.2 On-demand Streaming Market Revenue and Forecast to 2027 (US$ Million)

9. Music Streaming Market Analysis – By End User

9.1 Overview

9.2 Music Streaming Market Breakdown, by Streaming Type , 2019 & 2027

9.3 Commercial

9.3.1 Overview

9.3.2 Commercial Market Revenue and Forecast to 2027 (US$ Million)

9.4 Individual

9.4.1 Overview

9.4.2 Individual Market Revenue and Forecast to 2027 (US$ Million)

10. Music Streaming Market – Geographic Analysis

10.1 Overview

10.2 North America: Music Streaming Market

10.2.1 North America: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.2.2 North America: Music Streaming Market, by Content Type

10.2.3 North America: Music Streaming Market, by Streaming Type

10.2.4 North America: Music Streaming Market, by End User

10.2.5 North America: Music Streaming Market, by Key Country

10.2.5.1 US: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.2.5.1.1 US: Music Streaming Market, by Content Type

10.2.5.1.2 US: Music Streaming Market, by Streaming Type

10.2.5.1.3 US: Music Streaming Market, by End User

10.2.5.2 Canada: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.2.5.2.1 Canada: Music Streaming Market, by Content Type

10.2.5.2.2 Canada: Music Streaming Market, by Streaming Type

10.2.5.2.3 Canada: Music Streaming Market, by End User

10.2.5.3 Mexico: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.2.5.3.1 Mexico: Music Streaming Market, by Content Type

10.2.5.3.2 Mexico: Music Streaming Market, by Streaming Type

10.2.5.3.3 Mexico: Music Streaming Market, by End User

10.3 Europe: Music Streaming Market

10.3.1 Europe: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.3.2 Europe: Music Streaming Market, By Content Type

10.3.3 Europe: Music Streaming Market, By Streaming Type

10.3.4 Europe: Music Streaming Market, By End User

10.3.5 Europe: Music Streaming Market, By Country

10.3.5.1 Germany: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.1.1 Germany: Music Streaming Market, by Content Type

10.3.5.1.2 Germany: Music Streaming Market, by Streaming Type

10.3.5.1.3 Germany: Music Streaming Market, by End User

10.3.5.2 France: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.2.1 France: Music Streaming Market, by Content Type

10.3.5.2.2 France: Music Streaming Market, by Streaming Type

10.3.5.2.3 France: Music Streaming Market, by End User

10.3.5.3 Italy: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.3.1 Italy: Music Streaming Market, by Content Type

10.3.5.3.2 Italy: Music Streaming Market, by Streaming Type

10.3.5.3.3 Italy: Music Streaming Market, by End User

10.3.5.4 UK: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.4.1 UK: Music Streaming Market, by Content Type

10.3.5.4.2 UK Music Streaming Market, by Streaming Type

10.3.5.4.3 UK: Music Streaming Market, by End User

10.3.5.5 Russia: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.5.1 Russia: Music Streaming Market, by Content Type

10.3.5.5.2 Russia Music Streaming Market, by Streaming Type

10.3.5.5.3 Russia: Music Streaming Market, by End User

10.3.5.6 Rest of Europe: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.6.1 Rest of Europe: Music Streaming Market, by Content Type

10.3.5.6.2 Rest of Europe Music Streaming Market, by Streaming Type

10.3.5.6.3 Rest of Europe: Music Streaming Market, by End User

10.4 APAC: Music Streaming Market

10.4.1 APAC: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.4.2 APAC: Music Streaming Market, By Content Type

10.4.3 APAC: Music Streaming Market, By Streaming Type

10.4.4 APAC: Music Streaming Market, By End User

10.4.5 APAC: Music Streaming Market, By Country

10.4.5.1 Australia: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.1.1 Australia: Music Streaming Market, by Content Type

10.4.5.1.2 Australia: Music Streaming Market, by Streaming Type

10.4.5.1.3 Australia: Music Streaming Market, by End User

10.4.5.2 China: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.2.1 China: Music Streaming Market, by Content Type

10.4.5.2.2 China: Music Streaming Market, by Streaming Type

10.4.5.2.3 China: Music Streaming Market, by End User

10.4.5.3 India: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.3.1 India: Music Streaming Market, by Content Type

10.4.5.3.2 India: Music Streaming Market, by Streaming Type

10.4.5.3.3 India: Music Streaming Market, by End User

10.4.5.4 Japan: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.4.1 Japan: Music Streaming Market, by Content Type

10.4.5.4.2 Japan: Music Streaming Market, by Streaming Type

10.4.5.4.3 Japan: Music Streaming Market, by End User

10.4.5.5 South Korea: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.5.1 South Korea: Music Streaming Market, by Content Type

10.4.5.5.2 South Korea: Music Streaming Market, by Streaming Type

10.4.5.5.3 South Korea: Music Streaming Market, by End User

10.4.5.6 Rest of APAC: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.6.1 Rest of APAC: Music Streaming Market, by Content Type

10.4.5.6.2 Rest of APAC: Music Streaming Market, by Streaming Type

10.4.5.6.3 Rest of APAC: Music Streaming Market, byEnd User

10.5 MEA: Music Streaming Market

10.5.1 MEA: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.5.2 MEA: Music Streaming Market, by Content Type

10.5.3 MEA: Music Streaming Market, by Streaming Type

10.5.4 MEA: Music Streaming Market, by End User

10.5.5 MEA: Music Streaming Market, by Key Country

10.5.5.1 South Africa: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.5.5.1.1 South Africa: Music Streaming Market, by Content Type

10.5.5.1.2 South Africa: Music Streaming Market, by Streaming Type

10.5.5.1.3 South Africa: Music Streaming Market, by End User

10.5.5.2 Saudi Arabia: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.5.5.2.1 Saudi Arabia: Music Streaming Market, by Content Type

10.5.5.2.2 Saudi Arabia: Music Streaming Market, by Streaming Type

10.5.5.2.3 Saudi Arabia: Music Streaming Market, by End User

10.5.5.3 UAE: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.5.5.3.1 UAE: Music Streaming Market, by Content Type

10.5.5.3.2 UAE: Music Streaming Market, by Streaming Type

10.5.5.3.3 UAE: Music Streaming Market, by End User

10.5.5.4 Rest of MEA: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.5.5.4.1 Rest of MEA: Music Streaming Market, by Content Type

10.5.5.4.2 Rest of MEA: Music Streaming Market, by Streaming Type

10.5.5.4.3 Rest of MEA: Music Streaming Market, by End User

10.6 SAM: Music Streaming Market

10.6.1 SAM: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.6.2 SAM: Music Streaming Market, by Content Type

10.6.3 SAM: Music Streaming Market, by Streaming Type

10.6.4 SAM: Music Streaming Market, by End User

10.6.5 SAM: Music Streaming Market, by Key Country

10.6.5.1 Brazil: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.6.5.1.1 Brazil: Music Streaming Market, by Content Type

10.6.5.1.2 Brazil: Music Streaming Market, by Streaming Type

10.6.5.1.3 Brazil: Music Streaming Market, by End User

10.6.5.2 Argentina: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.6.5.2.1 Argentina: Music Streaming Market, by Content Type

10.6.5.2.2 Argentina: Music Streaming Market, by Streaming Type

10.6.5.2.3 Argentina: Music Streaming Market, by End User

10.6.5.3 Rest of SAM: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

10.6.5.3.1 Rest of SAM: Music Streaming Market, by Content Type

10.6.5.3.2 Rest of SAM: Music Streaming Market, by Streaming Type

10.6.5.3.3 Rest of SAM: Music Streaming Market, by End User

11. Music Streaming Market - COVID-19 Impact Analysis

11.1 Overview

11.2 North America: Impact Assessment of COVID-19 Pandemic

11.3 Europe: Impact Assessment of COVID-19 Pandemic

11.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

11.6 South America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Market Initiative

13. Company Profiles

13.1 Amazon.com, Inc.

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Google LLC

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Deezer

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 iHeartMedia Inc.

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Apple, Inc.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 SoundCloud

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Spotify Technology S.A.

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Tidal

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Pandora Media, LLC

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 JOOX

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES

Table 1. Music Streaming Market– Revenue and Forecast to 2027 (US$ Billion)

Table 2. North America: Music Streaming Market, by Content Type – Revenue and Forecast to 2027 (US$ Million)

Table 3. North America: Music Streaming Market, by Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 4. North America: Music Streaming Market, by End User – Revenue and Forecast to 2027 (US$ Million)

Table 5. US: Music Streaming Market, by Content Type –Revenue and Forecast to 2027 (US$ Million)

Table 6. US: Music Streaming Market, by Streaming Type –Revenue and Forecast to 2027 (US$ Million)

Table 7. US: Music Streaming Market, by End User –Revenue and Forecast to 2027 (US$ Million)

Table 8. Canada: Music Streaming Market, by Content Type – Revenue and Forecast to 2027 (US$ Million)

Table 9. Canada: Music Streaming Market, by Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 10. Canada: Music Streaming Market, by End User – Revenue and Forecast to 2027 (US$ Million)

Table 11. Mexico: Music Streaming Market, by Content Type – Revenue and Forecast to 2027 (US$ Million)

Table 12. Mexico: Music Streaming Market, by Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 13. Mexico: Music Streaming Market, by End User – Revenue and Forecast to 2027 (US$ Million)

Table 14. Europe Music Streaming Market, By Content Type– Revenue and Forecast to 2027 (US$ Million)

Table 15. Europe Music Streaming Market, By Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 16. Europe Music Streaming Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 17. Germany Music Streaming Market, By Content Types – Revenue and Forecast to 2027 (US$ Million)

Table 18. Germany Music Streaming Market, By Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 19. Germany Music Streaming Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 20. France Music Streaming Market, By Content Types – Revenue and Forecast to 2027 (US$ Million)

Table 21. France Music Streaming Market, By Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 22. France Music Streaming Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 23. Italy Music Streaming Market, By Content Types – Revenue and Forecast to 2027 (US$ Million)

Table 24. Italy Music Streaming Market, By Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 25. Italy Music Streaming Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 26. UK Music Streaming Market, By Content Types – Revenue and Forecast to 2027 (US$ Million)

Table 27. UK Music Streaming Market, By Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 28. UK Music Streaming Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 29. Russia Music Streaming Market, By Content Types – Revenue and Forecast to 2027 (US$ Million)

Table 30. Russia Music Streaming Market, By Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 31. Russia Music Streaming Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 32. Rest of Europe Music Streaming Market, By Content Type – Revenue and Forecast to 2027 (US$ Million)

Table 33. Rest of Europe Music Streaming Market, By Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 34. Rest of Europe Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 35. APAC: Music Streaming Market, by Content Type – Revenue and Forecast to 2027 (US$ Million)

Table 36. APAC: Music Streaming Market, by Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 37. APAC: Music Streaming Market, by End User – Revenue and Forecast to 2027 (US$ Million)

Table 38. Australia: Music Streaming Market, By Content Types – Revenue and Forecast to 2027 (US$ Million)

Table 39. Australia: Music Streaming Market, By Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 40. Australia: Music Streaming Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 41. China: Music Streaming Market, By Content Types – Revenue and Forecast to 2027 (US$ Million)

Table 42. China: Music Streaming Market, By Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 43. China: Music Streaming Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 44. India: Music Streaming Market, By Content Types – Revenue and Forecast to 2027 (US$ Million)

Table 45. India: Music Streaming Market, By Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 46. India: Music Streaming Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 47. Japan: Music Streaming Market, By Content Type – Revenue and Forecast to 2027 (US$ Million)

Table 48. Japan: Music Streaming Market, By Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 49. Japan: Music Streaming Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 50. South Korea: Music Streaming Market, By Content Types – Revenue and Forecast to 2027 (US$ Million)

Table 51. South Korea: Music Streaming Market, By Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 52. South Korea: Music Streaming Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 53. Rest of APAC: Music Streaming Market, By Content Type – Revenue and Forecast to 2027 (US$ Million)

Table 54. Rest of APAC: Music Streaming Market, By Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 55. Rest of APAC: Music Streaming Market, By End User – Revenue and Forecast to 2027 (US$ Million)

Table 56. MEA: Music Streaming Market, by Content Type – Revenue and Forecast to 2027 (US$ Million)

Table 57. MEA: Music Streaming Market, by Streaming Type– Revenue and Forecast to 2027 (US$ Million)

Table 58. MEA: Music Streaming Market, by End User– Revenue and Forecast to 2027 (US$ Million)

Table 59. South Africa: Music Streaming Market, by Content Type – Revenue and Forecast to 2027 (US$ Million)

Table 60. South Africa: Music Streaming Market, by Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 61. South Africa: Music Streaming Market, by End User – Revenue and Forecast to 2027 (US$ Million)

Table 62. Saudi Arabia: Music Streaming Market, by Content Type – Revenue and Forecast to 2027 (US$ Million)

Table 63. Saudi Arabia: Music Streaming Market, by Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 64. Saudi Arabia: Music Streaming Market, by End User – Revenue and Forecast to 2027 (US$ Million)

Table 65. UAE: Music Streaming Market, by Content Type – Revenue and Forecast to 2027 (US$ Million)

Table 66. UAE: Music Streaming Market, by Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 67. UAE: Music Streaming Market, by End User – Revenue and Forecast to 2027 (US$ Million)

Table 68. Rest of MEA: Music Streaming Market, by Content Type – Revenue and Forecast to 2027 (US$ Million)

Table 69. Rest of MEA: Music Streaming Market, by Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 70. Rest of MEA: Music Streaming Market, by End User – Revenue and Forecast to 2027 (US$ Million)

Table 71. SAM: Music Streaming Market, by Content Type – Revenue and Forecast to 2027 (US$ Million)

Table 72. SAM: Music Streaming Market, by Streaming Type– Revenue and Forecast to 2027 (US$ Million)

Table 73. SAM: Music Streaming Market, by End User– Revenue and Forecast to 2027 (US$ Million)

Table 74. Brazil: Music Streaming Market, by Content Type – Revenue and Forecast to 2027 (US$ Million)

Table 75. Brazil: Music Streaming Market, by Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 76. Brazil: Music Streaming Market, by End User – Revenue and Forecast to 2027 (US$ Million)

Table 77. Argentina: Music Streaming Market, by Content Type – Revenue and Forecast to 2027 (US$ Million)

Table 78. Argentina: Music Streaming Market, by Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 79. Argentina: Music Streaming Market, by End User – Revenue and Forecast to 2027 (US$ Million)

Table 80. Rest of SAM: Music Streaming Market, by Content Type – Revenue and Forecast to 2027 (US$ Million)

Table 81. Rest of SAM: Music Streaming Market, by Streaming Type – Revenue and Forecast to 2027 (US$ Million)

Table 82. Rest of SAM: Music Streaming Market, by End User – Revenue and Forecast to 2027 (US$ Million)

Table 83. List of Abbreviation


 

LIST OF FIGURES

Figure 1. Music Streaming MarketSegmentation

Figure 2. Music Streaming MarketSegmentation – By Geography

Figure 3. Global Music Streaming MarketOverview

Figure 4. Audio Streaming Segment Held the Largest Share During Forecast Period

Figure 5. On-demand Streaming Segment Dominated the Market

Figure 6. Individual Segment to Show Great Traction During Forecast Period

Figure 7. Global Music Streaming Market , Geography Analysis

Figure 8. North America

Figure 9. Europe

Figure 10. APAC

Figure 11. MEA

Figure 12. SAM

Figure 13. Ecosystem Analysis

Figure 14. Expert Opinion

Figure 15. Music Streaming Market: Impact Analysis of Drivers And Restraints

Figure 16. Geographic Overview of Music Streaming Market

Figure 17. Music Streaming Market– Revenue and Forecast to 2027 (US$ Billion)

Figure 18. Music Streaming Market Breakdown, by Content Type (2019 and 2027)

Figure 19. Audio Streaming Market Revenue and Forecast To 2027 (US$ Million)

Figure 20. Video Streaming Market Revenue and Forecast to 2027 (US$ Million)

Figure 21. Music Streaming Market Breakdown, by End-user(2019 and 2027)

Figure 22. Live Streaming Market Revenue and Forecast to 2027(US$ Million)

Figure 23. On-demand Streaming Market Revenue and Forecast to 2027(US$ Million)

Figure 24. Music Streaming Market Breakdown, by End-user(2019 and 2027)

Figure 25. Commercial Market Revenue and Forecast to 2027(US$ Million)

Figure 26. Individual Market Revenue and Forecast to 2027(US$ Million)

Figure 27. Music Streaming Market Revenue Share, By Region (2019 and 2027)

Figure 28. North America: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 29. North America: Music Streaming Market Revenue Share, by Content Type (2019 and 2027)

Figure 30. North America: Music Streaming Market Revenue Share, by Streaming Type (2019 and 2027)

Figure 31. North America: Music Streaming Market Revenue Share, by End User (2019 and 2027)

Figure 32. North America: Music Streaming Market Revenue Share, by Key Country (2019 and 2027)

Figure 33. US: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 34. Canada: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 35. Mexico: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 36. Europe: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 37. Europe: Music Streaming Market Revenue Share, By Content Type (2019 and 2027)

Figure 38. Europe: Music Streaming Market Revenue Share, By Streaming Type (2019 and 2027)

Figure 39. Europe: Music Streaming Market Revenue Share, By End User (2019 and 2027)

Figure 40. Europe: Music Streaming Market Revenue Share, By Country (2019 and 2027)

Figure 41. Germany: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 42. France: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 43. Italy: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 44. UK: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 45. Russia: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 46. Rest of Europe: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 47. APAC: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 48. APAC: Music Streaming Market Revenue Share, By Content Type (2019 and 2027)

Figure 49. APAC: Music Streaming Market Revenue Share, By Streaming Type (2019 and 2027)

Figure 50. APAC: Music Streaming Market Revenue Share, By End User (2019 and 2027)

Figure 51. APAC: Music Streaming Market Revenue Share, By Country (2019 and 2027)

Figure 52. Australia: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 53. China: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 54. India: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 55. Japan: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 56. South Korea: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 57. Rest of APAC: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 58. MEA: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 59. MEA: Music Streaming Market Revenue Share, by Content Type (2019 and 2027)

Figure 60. MEA: Music Streaming Market Revenue Share, by Streaming Type (2019 and 2027)

Figure 61. MEA: Music Streaming Market Revenue Share, by End User (2019 and 2027)

Figure 62. MEA: Music Streaming Market Revenue Share, by Key Country (2019 and 2027)

Figure 63. South Africa: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 64. Saudi Arabia: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 65. UAE: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 66. Rest of MEA: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 67. SAM: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 68. SAM: Music Streaming Market Revenue Share, by Content Type (2019 and 2027)

Figure 69. SAM: Music Streaming Market Revenue Share, by Streaming Type (2019 and 2027)

Figure 70. SAM: Music Streaming Market Revenue Share, by End User (2019 and 2027)

Figure 71. SAM: Music Streaming Market Revenue Share, by Key Country (2019 and 2027)

Figure 72. Brazil: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 73. Argentina: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 74. Rest of SAM: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)

Figure 75. Impact of COVID-19 Pandemic in North American Country

Figure 76. Impact of COVID-19 Pandemic in Europe Country

Figure 77. Impact of COVID-19 Pandemic in Asia Pacific Country

Figure 78. Impact OF COVID-19 Pandemic in Middle East and Africa Country

Figure 79. Impact of COVID-19 Pandemic in South America Country

 

 

The List of Companies - Music Streaming Market

  1. Amazon.com, Inc
  2. Google LLC
  3. Deezer
  4. iHeartMedia Inc.
  5. Apple, Inc.
  6. SoundCloud
  7. Spotify Technology S.A.
  8. Tidal
  9. Pandora Media, LLC
  10. JOOX

 

 

  • Highlights key business priorities in order toassist companies to realign their business strategies.
  • The key findings and recommendations highlightcrucial progressive industry trends in the music streaming market, therebyallowing players to develop effective long-term strategies.
  • Develop/modify business expansion plans by usingsubstantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends andoutlook coupled with the factors driving the market, as well as those hinderingit.
  • Enhance the decision-making process byunderstanding the strategies that underpin commercial interest with respect technologyand solution type.

 

 

 

TIPRE00003356
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Frequently Asked Questions

The audio streaming segment led the music streaming market. Listening habits are moving gradually to online platform in recent years. Preference for smart devices, smartphones, tablets continues to grow which is playing major role in boosting audio streaming market during the forecast period. As audio streaming is accessible by an individual from anywhere at any time. Thus, use of Spotify, Amazon Prime, You Tube music is increasing. In addition, Labels as a Service (LaaS) is becoming one of the top most trend in audio streaming and is expected to further create more growth opportunities for audio streaming arena.

As the digital music streaming platforms and websites are changing the musical scenario, music streaming is becoming popular globally. The introduction of cloud-based music in the music streaming market is expanding, which in turn drives the adoption of music platforms. Additionally, the availability of free-trial and paid subscription are playing a significant role in boosting the application of digital music platforms. Moreover, factors such as presence of digital savvy population, increasing disposable income, and smartphone adoption are propelling the adoption of digital music platforms at a significant rate. All of these factors are driving the growth of the music streaming market.

The individual segment led the music streaming market. The music streaming is heavily used by broad category of individuals spread across the world. This service gives enable individuals to access millions of songs and music videos on monthly or yearly fee basis. As accessing music streaming websites from anywhere anytime, the use of digital music platforms is obtaining attention of music users/listeners which boosting the growth of the individual music streaming market over the forecast period.

Pricing