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PUBLISHER: IMARC | PRODUCT CODE: 1468381
PUBLISHER: IMARC | PRODUCT CODE: 1468381
Online Music Streaming Market Report by Service (On-demand Streaming, Live Streaming), Revenue Model (Subscription, Non-Subscription), Platform (App, Browser), Content Type (Audio, Video), End User (Individual, Commercial), and Region 2024-2032
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PAGES: 138 Pages
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The global online music streaming market size reached US$ 19.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 40.6 Billion by 2032, exhibiting a growth rate (CAGR) of 8.18% during 2024-2032.
Online music streaming applications enable users to listen to songs in real-time using an internet connection. These applications offer an on-demand service wherein audio media files are prearranged in sequential packets of data and transmitted to smartphones, tablets, TVs and computers without saving them to the hard drive. Presently, several companies are introducing smart devices, such as Amazon's Alexa and Google Cast, to stream music online with hands-free control and instant playback features. With the escalating demand for these smart devices, on account of rapid urbanization, inflating disposable incomes and the emergence of smart homes, the demand for online music streaming applications is escalating worldwide.
Online Music Streaming Market Trends:
The growing dependency on smartphones, increasing penetration of the internet and the thriving media and entertainment industry are among the key factors stimulating the growth of the online music streaming market worldwide. Moreover, easy access to music on multiple devices, along with the rising trend of on-demand songs, are driving the market growth. Apart from this, the integration of online music streaming applications with social media platforms allows users to create and share collaborative playlists with acquaintances. They also offer young artists a platform to upload and promote their tracks and reach a wider audience. Furthermore, digital service providers (DSPs) are launching applications with a user-friendly interface and a huge library of music and podcasts. These providers are also offering attractive premium plans, such as family packs or free subscription for a few months, which, in turn, is anticipated to bolster the market growth in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global online music streaming market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on service, revenue model, platform, content type and end user.
Breakup by Service:
On-demand Streaming
Live Streaming
Breakup by Revenue Model:
Subscription
Non-Subscription
Breakup by Platform:
App
Browser
Breakup by Content Type:
Audio
Video
Breakup by End User:
Individual
Commercial
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amazon.com Inc, ANGHAMI, Apple Inc., Gamma Gaana Ltd. (The Times Group), iHeartMedia Inc., Musixmatch, Saavn Media Pvt Ltd., SoundCloud Ltd., Spotify AB and Tencent Music Entertainment Group.
Key Questions Answered in This Report
- 1. What was the size of the global online music streaming market in 2023?
- 2. What is the expected growth rate of the global online music streaming market during 2024-2032?
- 3. What are the key factors driving the global online music streaming market?
- 4. What has been the impact of COVID-19 on the global online music streaming market?
- 5. What is the breakup of the global online music streaming market based on the revenue model?
- 6. What is the breakup of the global online music streaming market based on the platform?
- 7. What is the breakup of the global online music streaming market based on content type?
- 8. What is the breakup of the global online music streaming market based on the end user?
- 9. What are the key regions in the global online music streaming market?
- 10. Who are the key players/companies in the global online music streaming market?
Product Code: SR112024A6213
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Online Music Streaming Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Service
- 6.1 On-demand Streaming
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Live Streaming
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Revenue Model
- 7.1 Subscription
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Non-Subscription
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Platform
- 8.1 App
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Browser
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Content Type
- 9.1 Audio
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Video
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by End User
- 10.1 Individual
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Commercial
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.1.1 United States
- 11.2 Asia-Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.2.1 China
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.3.1 Germany
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Others
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.4.1 Brazil
- 11.5 Middle East and Africa
- 11.5.1 Market Trends
- 11.5.2 Market Breakup by Country
- 11.5.3 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Amazon.com Inc
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.1.3 Financials
- 16.3.1.4 SWOT Analysis
- 16.3.2 ANGHAMI
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.3 Apple Inc.
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.3.3 Financials
- 16.3.3.4 SWOT Analysis
- 16.3.4 Gamma Gaana Ltd. (The Times Group)
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.5 iHeartMedia Inc.
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.5.3 Financials
- 16.3.5.4 SWOT Analysis
- 16.3.6 Musixmatch
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.7 Saavn Media Pvt Ltd.
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.8 SoundCloud Ltd.
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.9 Spotify AB
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.9.3 Financials
- 16.3.10 Tencent Music Entertainment Group
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.1 Amazon.com Inc
Product Code: SR112024A6213
List of Figures
- Figure 1: Global: Online Music Streaming Market: Major Drivers and Challenges
- Figure 2: Global: Online Music Streaming Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Online Music Streaming Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Online Music Streaming Market: Breakup by Service (in %), 2023
- Figure 5: Global: Online Music Streaming Market: Breakup by Revenue Model (in %), 2023
- Figure 6: Global: Online Music Streaming Market: Breakup by Platform (in %), 2023
- Figure 7: Global: Online Music Streaming Market: Breakup by Content Type (in %), 2023
- Figure 8: Global: Online Music Streaming Market: Breakup by End User (in %), 2023
- Figure 9: Global: Online Music Streaming Market: Breakup by Region (in %), 2023
- Figure 10: Global: Online Music Streaming (On-demand Streaming) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Online Music Streaming (On-demand Streaming) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Online Music Streaming (Live Streaming) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Online Music Streaming (Live Streaming) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Online Music Streaming (Subscription) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Online Music Streaming (Subscription) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Online Music Streaming (Non-subscription) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Online Music Streaming (Non-subscription) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Online Music Streaming (App) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Online Music Streaming (App) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Online Music Streaming (Browser) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Online Music Streaming (Browser) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Online Music Streaming (Audio) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Online Music Streaming (Audio) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Online Music Streaming (Video) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Online Music Streaming (Video) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Online Music Streaming (Individual) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Online Music Streaming (Individual) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Online Music Streaming (Commercial) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Online Music Streaming (Commercial) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: North America: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: North America: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: United States: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: United States: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Canada: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Canada: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Asia-Pacific: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Asia-Pacific: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: China: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: China: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Japan: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Japan: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: India: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: India: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: South Korea: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: South Korea: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Australia: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Australia: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Indonesia: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Indonesia: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Others: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Others: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Europe: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Europe: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Germany: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Germany: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: France: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: France: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: United Kingdom: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: United Kingdom: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Italy: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Italy: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Spain: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Spain: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Russia: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Russia: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Others: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Others: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Latin America: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Latin America: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Brazil: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Brazil: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Mexico: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Mexico: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Others: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Others: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Middle East and Africa: Online Music Streaming Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Middle East and Africa: Online Music Streaming Market: Breakup by Country (in %), 2023
- Figure 78: Middle East and Africa: Online Music Streaming Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Global: Online Music Streaming Industry: SWOT Analysis
- Figure 80: Global: Online Music Streaming Industry: Value Chain Analysis
- Figure 81: Global: Online Music Streaming Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Online Music Streaming Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Online Music Streaming Market Forecast: Breakup by Service (in Million US$), 2024-2032
- Table 3: Global: Online Music Streaming Market Forecast: Breakup by Revenue Model (in Million US$), 2024-2032
- Table 4: Global: Online Music Streaming Market Forecast: Breakup by Platform (in Million US$), 2024-2032
- Table 5: Global: Online Music Streaming Market Forecast: Breakup by Content Type (in Million US$), 2024-2032
- Table 6: Global: Online Music Streaming Market Forecast: Breakup by End User (in Million US$), 2024-2032
- Table 7: Global: Online Music Streaming Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 8: Global: Online Music Streaming Market: Competitive Structure
- Table 9: Global: Online Music Streaming Market: Key Players
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