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 UK online music streaming market had total revenues of $2.0 billion in 2022, representing a compound annual growth rate (CAGR) of 22.5% between 2017 and 2022.
- The subscription services segment accounted for the market's largest proportion in 2022, with total revenues of $1.8 billion, equivalent to 86.1% of the market's overall value.
- According to in-house research, the UK held 9.2% stake in global online music streaming in 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the online music streaming market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the online music streaming market in the United Kingdom
- 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 United Kingdom online music streaming market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the United Kingdom online music streaming market by value in 2022?
- What will be the size of the United Kingdom online music streaming market in 2027?
- What factors are affecting the strength of competition in the United Kingdom online music streaming market?
- How has the market performed over the last five years?
- How large is the United Kingdom’s online music streaming market in relation to its regional counterparts?
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
- SoundCloud Ltd.
- YouTube LLC
- Amazon.com, Inc.