Global Music Streaming Market By Type of Streaming (Live Streaming and On-Demand Streaming), By Content Type (Audio Streaming and Video Streaming), By End-User (Residential and Commercial), and By Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa)-Global Forecast to 2027

Global music streaming market is likely to boost due to the swelling number of internet-enabled mobile devices such as iPhone and surge in the number of consumers preferring paid subscription services for streaming music
The global music streaming market anticipated to grow at a CAGR of 17.57% during the forecast period, 2020-2027. It is due to mobile devices, and tablets are now equipped with more personalized services, such as location-based mobile technology. The increasing disposable income leading to the swelling purchase of smartphones and other devices will boost the growth of the global music streaming market size in the forecast span. Additionally, improving internet bandwidth and the elimination of illegal downloading of music owing to the presence of streaming services will propel the growth of the global music streaming industry in the analysis timeframe. Further, swelling adoption of music streaming and the decline in the market share of downloaded music will stimulate the global music streaming market share in future periods.
 

The growing shift of consumer preference towards on-demand products and services using smartphone applications and innovative services, such as enabling individual preferences and personalized playlist option, will promulgate the growth of the global music streaming market in the coming years. Moreover, the rising trend of listening to music across the globe is expected to foster global market growth. The high increase in mobile ad spending and augmented penetration of smartphones and tablets will drive the growth of the music streaming industry in the coming years.
 

Type of Streaming Overview in the Global Music Streaming Market
By type of streaming, the global music streaming market segregated into live streaming and on-demand streaming. The on-demand streaming segment likely to lead the market by 2027, as on-demand provides the user the ability to listen to any song in the digital service provider database without any restrictions on time or playback capabilities. The user can pause, skip, rewind, and create a playlist, but not copy the digital file.
 

Content-Type Overview in the Global Music Streaming Market
Based on the content type, the global music streaming market categorized into audio streaming and video streaming. The audio streaming segment accounted for the larger market share in 2019 due to the audio streaming. It was easy to provide accessibility on various platforms, auto playlist customization, song suggestions, high audio quality, and easy listening.
 

End-User Overview in the Global Music Streaming Market
Based on the end-user, the global music streaming market classified into residential and commercial. The residential segment estimated to dominate the market by 2027 due to the easy access to music online, increasing the use of smart-handheld devices, and growing internet access.
 

Regional Overview in the Global Music Streaming Market
By geography, the global music streaming market segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America anticipated dominating the market by 2027. Due to the high adoption rate of music streaming services, expansion of vendors by collaborating with artists to gain exclusive rights, and the presence of localized radio industry.
 

Global Music Streaming Market: Competitive Landscape
Companies such as Alphabet Inc., Apple Inc., Comcast Corp., Deezer SA, IHEARTMEDIA, INC., Microsoft Corp., Samsung Electronics Co. Ltd., Sirius XM Holdings Inc., Sony Corp., Spotify Technology SA, Pandora, SoundCloud, JOOX, and Amazon Music are the key players in the global music streaming market.

Global Music Streaming Market
Report Content
1. Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
2. Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
3. Executive Summary
4. Market Insights
4.1. Economic Factor Analysis
4.1.1. Drivers
4.1.2. Trends
4.1.3. Opportunities
4.1.4. Challenges
4.2. Technological Landscape
4.3. Competitors & Product Analysis
4.4. Regulatory Framework
4.5. Company market share analysis, 2019
4.6. Porter’s Five forces analysis
4.7. New Investment Analysis
4.8. PESTEL Analysis
4.9. Impact of COVID-19 on global Music Streaming Market
5. Global Music Streaming Market Overview
5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.1.2. Consumption
5.1.2.1. By Volume (Number of Users)

5.2. Market Share & Forecast, 2016-2027
5.2.1. By Type of Streaming
5.2.1.1. Live Streaming
5.2.1.2. On-Demand Streaming
5.2.2. By Content-Type
5.2.2.1. Audio Streaming
5.2.2.2. Video Streaming
5.2.3. By End-User
5.2.3.1. Residential
5.2.3.2. Commercial
5.2.4. By Region
5.2.4.1. North America
5.2.4.2. Europe
5.2.4.3. Asia Pacific
5.2.4.4. South America
5.2.4.5. Middle East & Africa
6. North America Music Streaming Market Overview
6.1. North America Music Streaming Market Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.1.2. Consumption
6.1.2.1. By Volume (Number of Users)
6.2. North America Music Streaming Market Share & Forecast, 2016-2027
6.2.1. By Type of Streaming
6.2.1.1. Live Streaming
6.2.1.2. On-Demand Streaming
6.2.2. By Content-Type
6.2.2.1. Audio Streaming
6.2.2.2. Video Streaming
6.2.3. By End-User
6.2.3.1. Residential
6.2.3.2. Commercial
6.2.4. By Country
6.2.4.1. US
6.2.4.2. Canada
6.2.4.3. Mexico
6.2.5. Price-Point Analysis
6.2.6. Company Market Share (Top 3-5)
6.2.7. Economic Impact Study on North America Music Streaming Market
7. Europe Music Streaming Market Overview
7.1. Europe Music Streaming Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.1.2. Consumption
7.1.2.1. By Volume (Number of Users)
7.2. Europe Music Streaming Market Share & Forecast, 2016-2027
7.2.1. By Type of Streaming
7.2.1.1. Live Streaming
7.2.1.2. On-Demand Streaming
7.2.2. By Content-Type
7.2.2.1. Audio Streaming
7.2.2.2. Video Streaming
7.2.3. By End-User
7.2.3.1. Residential
7.2.3.2. Commercial
7.2.4. By Country
7.2.4.1. Germany
7.2.4.2. UK
7.2.4.3. France
7.2.4.4. Italy
7.2.4.5. Rest of Europe
7.2.5. Price-Point Analysis
7.2.6. Company Market Share (Top 3-5)
7.2.7. Economic Impact Study on Europe Music Streaming Market
8. Asia Pacific Music Streaming Market Overview
8.1. Asia Pacific Music Streaming Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.1.2. Consumption
8.1.2.1. By Volume (Number of Users)
8.2. Asia Pacific Music Streaming Market Size & Forecast, 2016-2027
8.2.1. By Type of Streaming
8.2.1.1. Live Streaming
8.2.1.2. On-Demand Streaming
8.2.2. By Content-Type
8.2.2.1. Audio Streaming
8.2.2.2. Video Streaming
8.2.3. By End-User
8.2.3.1. Residential
8.2.3.2. Commercial
8.2.4. By Country
8.2.4.1. China
8.2.4.2. India
8.2.4.3. Japan
8.2.4.4. Australia
8.2.4.5. Rest of Asia Pacific
8.2.5. Price-Point Analysis
8.2.6. Company Market Share (Top 3-5)
8.2.7. Economic Impact Study on Asia Pacific Music Streaming Market
9. South America Music Streaming Market Overview
9.1. South America Music Streaming Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.1.2. Consumption
9.1.2.1. By Volume (Number of Users)
9.2. South America Music Streaming Market Share & Forecast, 2016-2027
9.2.1. By Type of Streaming
9.2.1.1. Live Streaming
9.2.1.2. On-Demand Streaming
9.2.2. By Content-Type
9.2.2.1. Audio Streaming
9.2.2.2. Video Streaming
9.2.3. By End-User
9.2.3.1. Residential
9.2.3.2. Commercial
9.2.4. By Country
9.2.4.1. Brazil
9.2.4.2. Argentina
9.2.4.3. Rest of South America
9.2.5. Price-Point Analysis
9.2.6. Company Market Share (Top 3-5)
9.2.7. Economic Impact Study on South America Music Streaming Market
10. Middle East & Africa Music Streaming Market Overview
10.1. Middle East & Africa Music Streaming Market Size & Forecast, 2016-2027
10.1.1. Demand
10.1.1.1. By Value (USD Million)
10.1.2. Consumption
10.1.2.1. By Volume (Number of Users)
10.2. Middle East & Africa Music Streaming Market Share & Forecast, 2016-2027
10.2.1. By Type of Streaming
10.2.1.1. Live Streaming
10.2.1.2. On-Demand Streaming
10.2.2. By Content-Type
10.2.2.1. Audio Streaming
10.2.2.2. Video Streaming
10.2.3. By End-User
10.2.3.1. Residential
10.2.3.2. Commercial
10.2.4. By Country
10.2.4.1. Saudi Arabia
10.2.4.2. UAE
10.2.4.3. South Africa
10.2.4.4. Rest of Middle East & Africa
10.2.5. Price-Point Analysis
10.2.6. Company Market Share (Top 3-5)
10.2.7. Economic Impact Study on Middle East & Africa Music Streaming Market
11. Competitor Analysis
11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company Profile
11.7.1. Alphabet Inc.
11.7.2. Apple Inc.
11.7.3. Comcast Corp.
11.7.4. Deezer SA
11.7.5. IHEARTMEDIA, INC.
11.7.6. Microsoft Corp.
11.7.7. Samsung Electronics Co. Ltd.
11.7.8. Sirius XM Holdings Inc.
11.7.9. Sony Corp.
11.7.10. Spotify Technology SA
11.7.11. Pandora
11.7.12. SoundCloud
11.7.13. JOOX
11.7.14. Amaon Music
11.7.15. Other Prominent Players

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