Music Streaming Market to Witness Mounting Growth in Approaching Time
September 21, 2022
September 21st,2022/IndustryNewsGlobal/ -- This new report from Stratview Research analyses the Music Streaming Market over the trend period from 2014 to 2019 and forecast period from 2022 to 2026. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Music Streaming Market Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Music Streaming Market is no different. Derived from the previous market scenario, the Music Streaming Market is likely to witness an impressive CAGR of 17.6% during the forecast period but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.
Get access to a deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/2718/music-streaming-market.html#form
The Music Streaming Market is segmented by–
- By Platform (Apps, Browsers)
- By Content Type (Audio, Video)
- By End-Use (Individual, Commercial)
- Region - COVID-19 Impact Analysis and Forecast to 2026
Key Players:
- Amazon.com, Inc. (US),
- Apple Inc. (Apple Music) (US),
- Aspiro AB (Tidel) (Sweden),
- Deezer (France),
- Gamma Gaana Limited (India),
- Google LLC (YouTube Music) (US),
- Idagio (Germany),
- iHeartMedia, Inc. (iHeartRadio) (US),
Regional analysis:
By region, the North America market held the highest market share of more than 30% in 2020 and is projected to grow at a healthy CAGR in the coming years. This is ascribed to large presence of domestic players, fixed broadband speeds & coverage, growing penetration of connected devices, and improved digital payment infrastructure, further bolsters the regional market growth during the review period.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
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Author : Emily
Frequently Asked Questions (FAQs)
The target audience of Music Streaming Market includes Music Streaming companies, Music Streaming distributors, Audio companies, Government organizations.
Music streaming services include platforms that enable users to listen to podcasts, audio, and watch music videos. Furthermore, these platforms provide features such as auto customization of the playlist, song recommendations, and hassle-free accessibility on apps as well as browsers, further bolstering the industry growth.