Global Music Streaming Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Music Streaming Market is presumed to reach the market size of nearly USD 157.66 Billion by 2032 from USD 45.45 Billion in 2023 with a CAGR of 14.82% under the study period 2024-2032.

Music streaming delivers digital music content over the internet to devices such as tablets, smartphones, and computers. Users can access a diverse library of songs, albums, and playlists on-demand without downloading files. Popular services, like Spotify, Apple Music, and Amazon Music, offer free ad-supported and subscription-based options, providing features such as offline listening, personalized recommendations, and high-quality audio. It has transformed how people listen to music, offering convenience, variety, and accessibility while enabling artists to reach a global audience.

MARKET DYNAMICS

The increasing consumer preference for on-demand access to music content anytime anywhere drives the music streaming market. Music streaming services offer users a vast library of songs and playlists accessible through internet-connected devices, providing convenience and flexibility in music consumption. The proliferation of smartphones & high-speed internet connectivity further fuels the market growth. Additionally, the rise of subscription-based business models and the availability of ad-supported free tiers attract a broad range of users, driving market growth. Technological advancements in audio streaming technology, such as high-definition audio and personalized recommendation algorithms, enhance the user experience and increase engagement with streaming platforms. Furthermore, the global expansion of music streaming services into new markets and regions contributes to market growth as companies seek to capitalize on the growing demand for digital music content worldwide. Artist collaborations, exclusive releases, and curated playlists drive user engagement and retention on streaming platforms. Moreover, the shift from physical music formats, such as CDs and vinyl records, to digital streaming further propels the market's expansion. Integrating social sharing features and community-building functionalities within streaming apps enhances user interaction and fosters a sense of belonging among music enthusiasts. However, the increasing competition and licensing issues may hinder the market growth in the next few years.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Music Streaming. The growth and trends of Music Streaming industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Music Streaming market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Service

On-demand Streaming
Live Streaming

By Platform

Apps
Browsers

By Content Type

Audio
Video

By End-use

Individual
Commercial

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Music Streaming market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Music Streaming market include Apple Inc., Amazon.Com Inc., Google LLC, Spotify AB, Deezer, Pandora Media Inc., Tencent Music Entertainment Group, SoundCloud Global Limited & Co. KG, IHeartMedia Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11215367

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. MUSIC STREAMING - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Service
- 3.7.2 Market Attractiveness Analysis By Platform
- 3.7.3 Market Attractiveness Analysis By Content Type
- 3.7.4 Market Attractiveness Analysis By End-use
- 3.7.5 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL MUSIC STREAMING MARKET ANALYSIS BY SERVICE

5.1. Overview By Service
5.2. Historical and Forecast Data Analysis By Service
5.3. On-demand Streaming Historic and Forecast Sales By Regions
5.4. Live Streaming Historic and Forecast Sales By Regions

6. GLOBAL MUSIC STREAMING MARKET ANALYSIS BY PLATFORM

6.1. Overview By Platform
6.2. Historical and Forecast Data Analysis By Platform
6.3. Apps Historic and Forecast Sales By Regions
6.4. Browsers Historic and Forecast Sales By Regions

7. GLOBAL MUSIC STREAMING MARKET ANALYSIS BY CONTENT TYPE

7.1. Overview By Content Type
7.2. Historical and Forecast Data Analysis By Content Type
7.3. Audio Historic and Forecast Sales By Regions
7.4. Video Historic and Forecast Sales By Regions

8. GLOBAL MUSIC STREAMING MARKET ANALYSIS BY END-USE

8.1. Overview By End-use
8.2. Historical and Forecast Data Analysis By End-use
8.3. Individual Historic and Forecast Sales By Regions
8.4. Commercial Historic and Forecast Sales By Regions

9. GLOBAL MUSIC STREAMING MARKET ANALYSIS BY GEOGRAPHY

9.1. Regional Outlook
9.2. Introduction
9.3. North America Sales Analysis
- 9.3.1 Overview, Historic and Forecast Data Sales Analysis
- 9.3.2 North America By Segment Sales Analysis
- 9.3.3 North America By Country Sales Analysis
- 9.3.4 United States Sales Analysis
- 9.3.5 Canada Sales Analysis
- 9.3.6 Mexico Sales Analysis
9.4. Europe Sales Analysis
- 9.4.1 Overview, Historic and Forecast Data Sales Analysis
- 9.4.2 Europe By Segment Sales Analysis
- 9.4.3 Europe By Country Sales Analysis
- 9.4.4 United Kingdom Sales Analysis
- 9.4.5 France Sales Analysis
- 9.4.6 Germany Sales Analysis
- 9.4.7 Italy Sales Analysis
- 9.4.8 Russia Sales Analysis
- 9.4.9 Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
- 9.5.1 Overview, Historic and Forecast Data Sales Analysis
- 9.5.2 Asia Pacific By Segment Sales Analysis
- 9.5.3 Asia Pacific By Country Sales Analysis
- 9.5.4 China Sales Analysis
- 9.5.5 India Sales Analysis
- 9.5.6 Japan Sales Analysis
- 9.5.7 South Korea Sales Analysis
- 9.5.8 Australia Sales Analysis
- 9.5.9 South East Asia Sales Analysis
- 9.5.10 Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
- 9.6.1 Overview, Historic and Forecast Data Sales Analysis
- 9.6.2 Latin America By Segment Sales Analysis
- 9.6.3 Latin America By Country Sales Analysis
- 9.6.4 Brazil Sales Analysis
- 9.6.5 Argentina Sales Analysis
- 9.6.6 Peru Sales Analysis
- 9.6.7 Chile Sales Analysis
- 9.6.8 Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
- 9.7.1 Overview, Historic and Forecast Data Sales Analysis
- 9.7.2 Middle East & Africa By Segment Sales Analysis
- 9.7.3 Middle East & Africa By Country Sales Analysis
- 9.7.4 Saudi Arabia Sales Analysis
- 9.7.5 UAE Sales Analysis
- 9.7.6 Israel Sales Analysis
- 9.7.7 South Africa Sales Analysis
- 9.7.8 Rest Of Middle East And Africa Sales Analysis

10. COMPETITIVE LANDSCAPE OF THE MUSIC STREAMING COMPANIES

10.1. Music Streaming Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments

11. COMPANY PROFILES OF MUSIC STREAMING INDUSTRY

11.1. Top Companies Market Share Analysis
11.2. Market Concentration Rate
11.3. Apple Inc.
- 11.3.1 Company Overview
- 11.3.2 Company Revenue
- 11.3.3 Products
- 11.3.4 Recent Developments
11.4. Amazon.Com Inc.
- 11.4.1 Company Overview
- 11.4.2 Company Revenue
- 11.4.3 Products
- 11.4.4 Recent Developments
11.5. Google LLC
- 11.5.1 Company Overview
- 11.5.2 Company Revenue
- 11.5.3 Products
- 11.5.4 Recent Developments
11.6. Spotify AB
- 11.6.1 Company Overview
- 11.6.2 Company Revenue
- 11.6.3 Products
- 11.6.4 Recent Developments
11.7. Deezer
- 11.7.1 Company Overview
- 11.7.2 Company Revenue
- 11.7.3 Products
- 11.7.4 Recent Developments
11.8. Pandora Media Inc.
- 11.8.1 Company Overview
- 11.8.2 Company Revenue
- 11.8.3 Products
- 11.8.4 Recent Developments
11.9. Tencent Music Entertainment Group
- 11.9.1 Company Overview
- 11.9.2 Company Revenue
- 11.9.3 Products
- 11.9.4 Recent Developments
11.10. SoundCloud Global Limited & Co. KG
- 11.10.1 Company Overview
- 11.10.2 Company Revenue
- 11.10.3 Products
- 11.10.4 Recent Developments
11.11. IHeartMedia Inc
- 11.11.1 Company Overview
- 11.11.2 Company Revenue
- 11.11.3 Products
- 11.11.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies