Music Streaming Market Share and Size Analysis 2027
The music streaming market expected to grow from US$ 26.05 billion in 2019 to US$ 46.99 billion by 2027; it is estimated to grow at a CAGR of 7.4% from 2019 to 2027.
Growing popularity of digital music streaming websites is attributing to the growth of the market. As the digital music streaming platforms and websites are changing the musical scenario, music streaming is becoming popular globally. The digital music market is accelerating as the consumers are attracted towards purchasing different contents which they can access for free. Due to increasing disposable income, the consumers are purchasing digital content. Spotify, Google, Pandora, SoundCloud, iHeartRadio, Apple Music are some of the prominent digital music platform providers. The individuals are taking advantage of music streaming platforms provided by respective service providers for their enjoyment. Additionally, the availability of free-trial and paid subscription is playing a significant role in boosting the application of digital music platforms. In the era of digital age, the music streaming industry is evolving in a rapid pace. Owing to availability of digital download feature, the physical sales of CDs is declining. In Spotify, Apple, Tidal, and You tube Music, a subscription fees is required to consume content in music streaming platforms. As the consumers are willing to pay for digital content, the number of digital music website is booming.
The introduction of cloud-based music in the music streaming market is expanding, which in turn drives the adoption of music platforms. The vendors are developing several user-friendly applications to ensure easy streaming of music over tablets and smartphones. The availability of cloud feature in music streaming platform is boosting the adoption 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.
Impact of COVID-19 Pandemic on Music Streaming Market
Music and Media industry is also impacted negatively and thus act as a restraining factor for the growth of various markets related to this industry in the coming months. One of the critical areas highly impacted is live performances. The industry is fighting back to recover the loss and come-up with new business models. To monetize, the companies are coming up with live shows on streaming devices. In the first quarter of 2020, the online music subscription was increased by around 70% YoY, globally. The crisis has accelerated the trend in music streaming. The streaming companies are getting a significant number of subscriptions and viewers since the start of this pandemic. The overall music streaming has a significant positive impact of COVID-19 pandemic
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Published Report - Music Streaming Market: Strategic Insights
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Published Report - Music Streaming Market: Strategic Insights
![global-music-streaming-report](https://www.theinsightpartners.com/assets/rdimages/global-music-streaming-report-img1.png)
![Analyst Image](https://www.theinsightpartners.com/assets/naveen-chittaragi.png)
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
![Analyst Image](https://www.theinsightpartners.com/assets/images/speak_analyst.gif)
Market Insights–
Music Streaming Market
Scope of On-Demand Streaming
The on-demand streaming enable the consumer to retrieve large catalogue of music online with minimal subscription fee. The number of consumers from the US making payments for purchasing subscription of on-demand streaming such as Apple Music or Spotify has been increased from 28.7% in 2019.This has resulted into increased premium subscriptions and caused a revenue increase of 27.5%. Rise in the number of music subscribers has resulted into growing demand for on-demand streaming services. The promotions and popularity of family plans in digital music platforms such as Spotify, Apple, Alphabet, and Amazon has benefited the consumers.
The digital music providers are driving inventions across the consumer listening experience throughout phones, tablets, computers, and smart devices. Owing to the availability of in-vehicle infotainment systems and smart speakers in car and home arena respectively, the music streaming providers have an opportunity to propel their business. Some of the prominent on-demand music streaming platforms are Google Play Music, Spotify, Apple Music, Sound Cloud, Amazon Prime, and Tidal. In this context, companies such as Spotify and Amazon utilize ad-supported services to market their products. Spotify has long succeeded at converting ad-supported listeners to paid subscribers; whereas, Amazon market Prime subscriptions and Echo devices together. The strategies adopted by mentioned companies helps in gainaing more subscribers. Moreover, Amazon Prime Music includes prime subscriptions which further help the company to increase its customer base. At present, the on-demand streaming are one of the most preferred services, as they use network infrastructure and on-demand audio streaming software to stream media files. Additionally, the MIDiA Research released that n 2017the music subscription revenue grew 63%. Owing to exploration in on-demand streaming, there is significant increase in the number of subscribers.
Content Type -Based Insights
Based on content type, the music streaming market is segmented into audio streaming and video streaming. The audio content segment held the largest market share in 2018.
Streaming Type -Based Insights
Based on streaming type, the music streaming market is segmented into live streaming and on-demand streaming. The on-demand streaming segment held the largest market share in 2018.
Players operating in the music streaming market are mainly focused on the development of advanced and efficient products.
- In 2020, LiveXLive Media, Inc. and iHeartMedia announced a livestream partnership which includes more than 25 iHeartRadio festivals and theater shows annually and the addition of five new shows. The agreement also includes LiveXLive’s exclusive distribution on its platform of two more of iHeartMedia’s top annual events – the iHeartRadio Music Festival and iHeartRadio Jingle Ball.
- In 2019, Amazon Music expanded access to free streaming service, and the customers would be able to listen to Amazon Music’s ad-supported selection for free. It is available to customers in U.S., U.K. and Germany who doesn’t have a Prime membership or a subscription to Amazon Music Unlimited.
Music Streaming Market Report Scope
The music streaming market has been segmented as follows:
Music Streaming Market – by Content Type
- Audio Streaming
- Video Streaming
Music Streaming Market – byStreaming Type
- Live Streaming
- On-demand Streaming
Music Streaming Market – by End User
- Commercial
- Individual
Music Streaming Market – by Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- Russia
- U.K
- Rest of Europe
Asia Pacific (APAC)
- Japan
- China
- Australia
- India
- South Korea
- Rest of APAC
Middle East and Africa (MEA)
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Music Streaming Market – Company Profiles
- Amazon, Inc.
- Apple Inc.
- Deezer,
- Google Inc.
- iheartmedia, Inc.
- Joox
- Pandora Media, Inc.
- SoundCloud
- Spotify
- Tidal
![Report Coverage](https://www.theinsightpartners.com/assets/rdimages/report_coverage.png)
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
![Segment Covered](https://www.theinsightpartners.com/assets/rdimages/segment_covered.png)
Segment Covered
This text is related
to segments covered.
![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
Country Scope
This text is related
to country scope.
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.
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.
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.
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
- Amazon.com, Inc
- Google LLC
- Deezer
- iHeartMedia Inc.
- Apple, Inc.
- SoundCloud
- Spotify Technology S.A.
- Tidal
- Pandora Media, LLC
- JOOX
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Trends and growth analysis reports related to Published Report - Music Streaming Market
![Cover Image](https://www.theinsightpartners.com/assets/images/other/tip-sample-cover.jpg)
Jun 2020
Engineering Professional Services Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Consulting, Non-Consulting), Service Type (Designing and Construction, ESG, Program Management, Others), Sector (Private, Public), Vertical (Advanced Manufacturing, Infrastructure, Energy and Utilities, Environmental, Transportation, Others), Advanced Manufacturing (Data Center, Life Sciences, Electronics, and Semiconductor, EV and EV Battery, Others), Infrastructure (Buildings and Cities, Health Infrastructure, Telecommunication Infrastructure, Others), Energy And Utilities (Renewables, Energy Storage, Transmission and Distribution), Transportation (Aviation, Highways and Bridges, Ports and Maritime, Rail and Transit), Water (Water, Wastewater), and Geography (Americas, Europe, Asia Pacific and Middle East and Africa)
![Cover Image](https://www.theinsightpartners.com/assets/images/other/tip-sample-cover.jpg)
Jun 2020
Virtual Reality Puzzle Games Market
Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Age (18 to 34 Years, Above 35 Years, 13 to 17 Years, and Upto 12 Years), Player Type (Single Player and Multi Player), and End Users (Individuals and Professionals)
![Cover Image](https://www.theinsightpartners.com/assets/images/other/tip-sample-cover.jpg)
Jun 2020
AI Data Management Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Offering (Solution and Service), Deployment (On-premise and Cloud), Technology [Machine Learning, Natural Language Processing (NLP), Computer Vision, and Context Awareness Computing], and Industry Vertical (BFSI, Retail & E-commerce, IT & Telecom, Healthcare, Government & Utilities, and Others), and Geography
![Cover Image](https://www.theinsightpartners.com/assets/images/other/tip-sample-cover.jpg)
Jun 2020
Multimodal AI Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Solution and Service), Organization Size (SMEs and Large Enterprises), Data Type (Audio and Video, Image, and Text), End Use (Automotive and Transportation, BFSI, E-commerce and Retail, Healthcare, IT and Telecom, Media and Entertainment, and Others), and Geography
![Cover Image](https://www.theinsightpartners.com/assets/images/other/tip-sample-cover.jpg)
Jun 2020
Mobile Threat Defense Market
Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Operating System (Android and iOS), Enterprise Size (Large Enterprises and SMEs), and End-User (IT and Telecomm, BFSI, Manufacturing, Retail and E-commerce, Government, and Others)
![Cover Image](https://www.theinsightpartners.com/assets/images/other/tip-sample-cover.jpg)
Jun 2020
Immersive Entertainment Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Hardware and Software & Services), Technology (Virtual Reality, Augmented Reality, Mixed Reality, and Others), End User (IT & Telecom, BFSI, Healthcare, Government, Manufacturing, and Others), and Geography
![Cover Image](https://www.theinsightpartners.com/assets/images/other/tip-sample-cover.jpg)
Jun 2020
Spend Analytics for Electronics and Semiconductor Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis By Component (Software and Service), Type (Descriptive Analytics, Predictive Analytics, and Prescriptive Analytics), Deployment (On-premise and Cloud), and Application (Financial Management, Risk Management, Governance and Compliance Management, Supplier Sourcing and Performance Management, Demand and Supply Forecasting, and Others)
![Cover Image](https://www.theinsightpartners.com/assets/images/other/tip-sample-cover.jpg)
Jun 2020
API Management Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Solutions and Services), Deployment (Cloud and On-Premises), Organization Size (Large Enterprises and SMEs), End User (IT & Telecom, BFSI, Healthcare, Government, Manufacturing, and Others), and Geography