Key Highlights
- The online music streaming market includes the revenue generated from the streaming of music online. This revenue is primarily generated from two sources: subscription services and ad-supported streams.
- The Australian online music streaming market had total revenues of $0.5 billion in 2022, representing a compound annual growth rate (CAGR) of 14.7% between 2017 and 2022.
- The subscription services segment accounted for the market's largest proportion in 2022, with total revenues of $0.4 billion, equivalent to 87.4% of the market's overall value.
- According to in-house research, Australia held 2.1% stake in global online music streaming in 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the online music streaming market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the online music streaming market in Australia
- Leading company profiles reveal details of key online music streaming market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia online music streaming market with five year forecasts
Reasons to Buy
- What was the size of the Australia online music streaming market by value in 2022?
- What will be the size of the Australia online music streaming market in 2027?
- What factors are affecting the strength of competition in the Australia online music streaming market?
- How has the market performed over the last five years?
- What are the main segments that make up Australia's online music streaming market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Spotify AB
- Apple Inc
- YouTube LLC
- Amazon.com, Inc.