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The music on demand market is forecast to grow by USD 38775.66 mn during 2022-2027, accelerating at a CAGR of 13.41% during the forecast period. The report on the music on demand market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in mobile advertisement spending, the surge in subscription-based services, and bundled services provided by market players.
The music on demand market is segmented as below:
By Type
- Music streaming
- Radio on demand
By End-user
- Individual users
- Commercial users
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the music on demand market covers the following areas:
- Music on demand market sizing
- Music on demand market forecast
- Music on demand market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global music on demand market: Alphabet Inc., Amazon.com Inc., Apple Inc., Aspiro AB, Auracle Sound Ltd., Bennett Coleman and Co. Ltd., Bharti Enterprises Ltd., Canadian Broadcasting Corp., Deezer SA, Hungama Digital Media Entertainment Pvt. Ltd., iHeartMedia Inc., Mixcloud Ltd., Modern Streaming Solutions Pvt. Ltd., Mood Media Corp., Reliance Industries Ltd., Rhapsody International Inc., SoundCloud Global Ltd. and Co. KG, Spotify Technology SA, Tencent Holdings Ltd., and Viant Technology LLC.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is an increase in the adoption of cloud services.`
According to the report, one of the major drivers for this market is the growth in mobile advertisement spending.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alphabet Inc.
- Amazon.com Inc.
- Apple Inc.
- Aspiro AB
- Auracle Sound Ltd.
- Bennett Coleman and Co. Ltd.
- Bharti Enterprises Ltd.
- Canadian Broadcasting Corp.
- Deezer SA
- Hungama Digital Media Entertainment Pvt. Ltd.
- iHeartMedia Inc.
- Mixcloud Ltd.
- Modern Streaming Solutions Pvt. Ltd.
- Mood Media Corp.
- Reliance Industries Ltd.
- Rhapsody International Inc.
- SoundCloud Global Ltd. and Co. KG
- Spotify Technology SA
- Tencent Holdings Ltd.
- Viant Technology LLC
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