New York, NY (Top40 Charts) Technavio has been monitoring the music streaming service market and it is poised to grow by USD 10.01 bn during 2019-2023. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Alphabet Inc., Amazon.com Inc., Apple Inc.,
Sirius XM Holdings Inc., and Spotify AB, are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increasing preference for music streaming services has been instrumental in driving the growth of the market.
Music Streaming Service Market 2019-2023 : Segmentation
Music Streaming Service Market is segmented as below:
End-user
Individual
Commercial
Streaming Service
Paid
Music Streaming Service
Free
Music Streaming Service
Geographic Landscape
APAC
Europe
MEA
North America
South America
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Music Streaming Service Market 2019-2023 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our music streaming service market report covers the following areas:
Music Streaming Service Market Size
Music Streaming Service Market Trends
Music Streaming Service Market
Industry Analysis
This study identifies the increasing introduction of differentiated music streaming services as one of the prime reasons driving the music streaming service market growth during the next few years.
Music Streaming Service Market 2019-2023 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the
Music Streaming Service Market, including some of the vendors such as Alphabet Inc., Amazon.com Inc., Apple Inc.,
Sirius XM Holdings Inc., and Spotify AB. Backed with competitive intelligence and benchmarking, our research reports on the
Music Streaming Service Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
Music Streaming Service Market 2019-2023 : Key Highlights
CAGR of the market during the forecast period 2019-2023
Detailed information on factors that will assist music streaming service market growth during the next five years
Estimation of the music streaming service market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the music streaming service market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of music streaming service market vendors
Table Of Contents :
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY END-USER
Market segmentation by end-user
Comparison by end-user
Individual - Market size and forecast 2018-2023
Commercial - Market size and forecast 2018-2023
Market opportunity by end-user
PART 07: MARKET SEGMENTATION BY STREAMING SERVICE
Market segmentation by streaming service
Comparison by streaming service
Paid music streaming service - Market size and forecast 2018-2023
Free music streaming service - Market size and forecast 2018-2023
Market opportunity by streaming service
PART 08: CUSTOMER LANDSCAPE
PART 09: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
North
America - Market size and forecast 2018-2023
APAC - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
South
America - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
Key leading countries
Market opportunity
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
Increasing introduction of differentiated music streaming services
Increasing emergence of bundled services
Growing demand for cloud-based music streaming services
PART 12: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 13: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
Alphabet Inc.
Amazon.com Inc.
Apple Inc.
Sirius XM Holdings Inc.
Spotify AB
PART 14: APPENDIX
Research methodology
List of abbreviations
Definition of market positioning of vendors