LONDON, Aug. 3, 2016 /PRNewswire/ -- About Music Streaming
Online music streaming enables real-time, uninterrupted access to music without downloading the files. Users can legally access high-quality songs for free for a pre-defined period or by paying a nominal subscription fee. The major advantage of the paid service is that it provides users with ad-free service. Emerging music streaming sites, high-speed internet, cloud technologies, changing customer needs, demand for real-time music access, and innovation in services are adding to the popularity and success of music streaming market.
Technavio's analysts forecast the global music streaming market to grow at a CAGR of 13.31% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global music streaming market for 2016-2020. For calculating the market size, the report considers the revenue generated from the music streaming market by region.
The market is divided into the following segments based on geography:
- Americas
- EMEA
- APAC
Technavio's report, Global Music Streaming Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Apple
- Deezer
- Google
- iHeartMedia
- Pandora
- Spotify
Other prominent vendors
- CBS
- Clear Channel Radio
- Gaana.com
- Grooveshark
- Guvera
- Hungama MyPlay
- JB Hi-Fi Pty
- Line
- Mixcloud
- News
- RadioTime
- Rara
- Rhapsody
- Saavn
- SoundCloud
Market driver
- Growth in music streaming subscription
- For a full, detailed list, view our report
Market challenge
- Threat to data security
- For a full, detailed list, view our report
Market trend
- Globalization of the music streaming market
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Download the full report: https://www.reportbuyer.com/product/2947686/
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