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Market Research Report

Music Streaming Service Market by End-users, Streaming Service, and Geography - Global Forecast and Analysis 2019-2023

Published by TechNavio (Infiniti Research Ltd.) Product code 907862
Published Content info 128 Pages
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Music Streaming Service Market by End-users, Streaming Service, and Geography - Global Forecast and Analysis 2019-2023
Published: August 21, 2019 Content info: 128 Pages
Description

About this market

Technavio's music streaming service market analysis considers sales from both individual and commercial end-users. Our analysis also considers the sales of music streaming service in APAC, Europe, North America, South America, and MEA. In 2018, the individual segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as easy access to music online and increasing use of smart-handheld devices will play a significant role in the individual segment to maintain its market position. Also, our global music streaming service market report looks at factors such as increasing preference for music streaming service, the decline in physical sales of music, and increase in mobile ads driving revenue for music streaming apps. However, lack of ownership in music streaming, low-profit margins of vendors, and illegal downloads and piracy may hamper the growth of the music streaming service industry over the forecast period.

Overview

Increasing preference for music streaming services

Globally, the development of wired and wireless technologies and telecommunication standards such as 3G, 4G, and 5G has resulted in an improvement of Internet bandwidth, thereby supporting the adoption of music streaming services across the world. Music streaming services help prevent illegal downloading and sharing of music. This demand for increasing preference for music streaming services will lead to the expansion of the global music streaming service market at a CAGR of over 16% during the forecast period.

Increasing introduction of differentiated music streaming services

The increasing introduction of differentiated music streaming services in the global music streaming service market is leading the vendors to provide streaming services to their customers with several features, including easy accessibility on various platforms, auto playlist customization, and high audio quality. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global music streaming service market during the forecast period 2019-2023, view our report.

Competitive Landscape

With the presence of several major players, the global music streaming service market is fragmented. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading music streaming service manufacturers, that include Alphabet Inc., Amazon.com Inc., Apple Inc., Sirius XM Holdings Inc., Spotify AB.

Also, the music streaming service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Table of Contents
Product Code: IRTNTR31904

TABLE OF CONTENTS

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Individual - Market size and forecast 2018-2023
  • Commercial - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 07: MARKET SEGMENTATION BY STREAMING SERVICE

  • Market segmentation by streaming service
  • Comparison by streaming service
  • Paid music streaming service - Market size and forecast 2018-2023
  • Free music streaming service - Market size and forecast 2018-2023
  • Market opportunity by streaming service

PART 08: CUSTOMER LANDSCAPE

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing introduction of differentiated music streaming services
  • Increasing emergence of bundled services
  • Growing demand for cloud-based music streaming services

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Alphabet Inc.
  • Amazon.com Inc.
  • Apple Inc.
  • Sirius XM Holdings Inc.
  • Spotify AB

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

LIST OF EXHIBITS:

  • Exhibit 01: Key offerings
  • Exhibit 02: Global media and entertainment market
  • Exhibit 03: Segments of global media and entertainment market
  • Exhibit 04: Market characteristics
  • Exhibit 05: Market segments
  • Exhibit 06: Market definition - Inclusions and exclusions checklist
  • Exhibit 07: Market size 2018
  • Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
  • Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
  • Exhibit 10: Five forces analysis 2018
  • Exhibit 11: Five forces analysis 2023
  • Exhibit 12: Bargaining power of buyers
  • Exhibit 13: Bargaining power of suppliers
  • Exhibit 14: Threat of new entrants
  • Exhibit 15: Threat of substitutes
  • Exhibit 16: Threat of rivalry
  • Exhibit 17: Market condition - Five forces 2018
  • Exhibit 18: End-user - Market share 2018-2023 (%)
  • Exhibit 19: Comparison by end-user
  • Exhibit 20: Individual - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 21: Individual - Year-over-year growth 2019-2023 (%)
  • Exhibit 22: Commercial - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 23: Commercial - Year-over-year growth 2019-2023 (%)
  • Exhibit 24: Market opportunity by end-user
  • Exhibit 25: Streaming service - Market share 2018-2023 (%)
  • Exhibit 26: Comparison by streaming service
  • Exhibit 27: Paid music streaming service - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 28: Paid music streaming service - Year-over-year growth 2019-2023 (%)
  • Exhibit 29: Free music streaming service - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 30: Free music streaming service - Year-over-year growth 2019-2023 (%)
  • Exhibit 31: Market opportunity by streaming service
  • Exhibit 32: Customer landscape
  • Exhibit 33: Market share by geography 2018-2023 (%)
  • Exhibit 34: Geographic comparison
  • Exhibit 35: North America - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 36: North America - Year-over-year growth 2019-2023 (%)
  • Exhibit 37: APAC - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 38: APAC - Year-over-year growth 2019-2023 (%)
  • Exhibit 39: Europe - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 40: Europe - Year-over-year growth 2019-2023 (%)
  • Exhibit 41: South America - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 42: South America - Year-over-year growth 2019-2023 (%)
  • Exhibit 43: MEA - Market size and forecast 2018-2023 ($ millions)
  • Exhibit 44: MEA - Year-over-year growth 2019-2023 (%)
  • Exhibit 45: Key leading countries
  • Exhibit 46: Market opportunity
  • Exhibit 47: Impact of drivers and challenges
  • Exhibit 48: Vendor landscape
  • Exhibit 49: Landscape disruption
  • Exhibit 50: Vendor landscape analysis
  • Exhibit 51: Vendors covered
  • Exhibit 52: Vendor classification
  • Exhibit 53: Market positioning of vendors
  • Exhibit 54: Alphabet Inc. - Vendor overview
  • Exhibit 55: Alphabet Inc. - Business segments
  • Exhibit 56: Alphabet Inc. - Organizational developments
  • Exhibit 57: Alphabet Inc. - Geographic focus
  • Exhibit 58: Alphabet Inc. - Segment focus
  • Exhibit 59: Alphabet Inc. - Key offerings
  • Exhibit 60: Amazon.com Inc. - Vendor overview
  • Exhibit 61: Amazon.com Inc. - Product segments
  • Exhibit 62: Amazon.com Inc. - Organizational developments
  • Exhibit 63: Amazon.com Inc. - Geographic focus
  • Exhibit 64: Amazon.com Inc. - Segment focus
  • Exhibit 65: Amazon.com Inc. - Key offerings
  • Exhibit 66: Apple, Inc. - Vendor overview
  • Exhibit 67: Apple, Inc. - Product segments
  • Exhibit 68: Apple, Inc. - Organizational developments
  • Exhibit 69: Apple, Inc. - Geographic focus
  • Exhibit 70: Apple, Inc. - Segment focus
  • Exhibit 71: Apple, Inc. - Key offerings
  • Exhibit 72: Sirius XM Holdings Inc. - Vendor overview
  • Exhibit 73: Sirius XM Holdings Inc. - Business segments
  • Exhibit 74: Sirius XM Holdings Inc. - Organizational developments
  • Exhibit 75: Sirius XM Holdings Inc. - Segment focus
  • Exhibit 76: Sirius XM Holdings Inc. - Key offerings
  • Exhibit 77: Spotify AB - Vendor overview
  • Exhibit 78: Spotify AB - Business segments
  • Exhibit 79: Spotify AB - Organizational developments
  • Exhibit 80: Spotify AB - Geographic focus
  • Exhibit 81: Spotify AB - Segment focus
  • Exhibit 82: Spotify AB - Key offerings
  • Exhibit 83: Validation techniques employed for market sizing
  • Exhibit 84: Definition of market positioning of vendors
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