Music Streaming Subscription Service Market, Global Outlook and Forecast 2022-2028

March 2022 | 61 pages | ID: MD0A269460A5EN
Market Monitor Global

Abstracts

Music streaming services give you access to millions of songs for a monthly subscription fee so you don’t have to buy individual songs or albums anymore. Spotify is the best music streaming service for most people, but Apple Music, Tidal, Amazon Music Unlimited, and YouTube Music are also great options, depending on your needs.

This report contains market size and forecasts of Music Streaming Subscription Service in Global, including the following market information:

Global Music Streaming Subscription Service Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Music Streaming Subscription Service market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Audio Music Streaming Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Music Streaming Subscription Service include Spotify, Amazon Prime, Apple Music, Deezer, YouTube Music, Google Play Music, Joox, Pandora and SoundCloud, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Music Streaming Subscription Service companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Music Streaming Subscription Service Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Music Streaming Subscription Service Market Segment Percentages, by Type, 2021 (%)

• Audio Music Streaming
• Video Music Streaming

Global Music Streaming Subscription Service Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Music Streaming Subscription Service Market Segment Percentages, by Application, 2021 (%)

• Individual Users
• Commercial Users

Global Music Streaming Subscription Service Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Music Streaming Subscription Service Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Music Streaming Subscription Service revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Music Streaming Subscription Service revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Spotify
• Amazon Prime
• Apple Music
• Deezer
• YouTube Music
• Google Play Music
• Joox
• Pandora
• SoundCloud
• Tidal
• Tencent Music
• MelON

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Music Streaming Subscription Service Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Music Streaming Subscription Service Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL MUSIC STREAMING SUBSCRIPTION SERVICE OVERALL MARKET SIZE

2.1 Global Music Streaming Subscription Service Market Size: 2021 VS 2028
2.2 Global Music Streaming Subscription Service Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Music Streaming Subscription Service Players in Global Market
3.2 Top Global Music Streaming Subscription Service Companies Ranked by Revenue
3.3 Global Music Streaming Subscription Service Revenue by Companies
3.4 Top 3 and Top 5 Music Streaming Subscription Service Companies in Global Market, by Revenue in 2021
3.5 Global Companies Music Streaming Subscription Service Product Type
3.6 Tier 1, Tier 2 and Tier 3 Music Streaming Subscription Service Players in Global Market
  3.6.1 List of Global Tier 1 Music Streaming Subscription Service Companies
  3.6.2 List of Global Tier 2 and Tier 3 Music Streaming Subscription Service Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Music Streaming Subscription Service Market Size Markets, 2021 & 2028
  4.1.2 Audio Music Streaming
  4.1.3 Video Music Streaming
4.2 By Type - Global Music Streaming Subscription Service Revenue & Forecasts
  4.2.1 By Type - Global Music Streaming Subscription Service Revenue, 2017-2022
  4.2.2 By Type - Global Music Streaming Subscription Service Revenue, 2023-2028
  4.2.3 By Type - Global Music Streaming Subscription Service Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Music Streaming Subscription Service Market Size, 2021 & 2028
  5.1.2 Individual Users
  5.1.3 Commercial Users
5.2 By Application - Global Music Streaming Subscription Service Revenue & Forecasts
  5.2.1 By Application - Global Music Streaming Subscription Service Revenue, 2017-2022
  5.2.2 By Application - Global Music Streaming Subscription Service Revenue, 2023-2028
  5.2.3 By Application - Global Music Streaming Subscription Service Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Music Streaming Subscription Service Market Size, 2021 & 2028
6.2 By Region - Global Music Streaming Subscription Service Revenue & Forecasts
  6.2.1 By Region - Global Music Streaming Subscription Service Revenue, 2017-2022
  6.2.2 By Region - Global Music Streaming Subscription Service Revenue, 2023-2028
  6.2.3 By Region - Global Music Streaming Subscription Service Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Music Streaming Subscription Service Revenue, 2017-2028
  6.3.2 US Music Streaming Subscription Service Market Size, 2017-2028
  6.3.3 Canada Music Streaming Subscription Service Market Size, 2017-2028
  6.3.4 Mexico Music Streaming Subscription Service Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Music Streaming Subscription Service Revenue, 2017-2028
  6.4.2 Germany Music Streaming Subscription Service Market Size, 2017-2028
  6.4.3 France Music Streaming Subscription Service Market Size, 2017-2028
  6.4.4 U.K. Music Streaming Subscription Service Market Size, 2017-2028
  6.4.5 Italy Music Streaming Subscription Service Market Size, 2017-2028
  6.4.6 Russia Music Streaming Subscription Service Market Size, 2017-2028
  6.4.7 Nordic Countries Music Streaming Subscription Service Market Size, 2017-2028
  6.4.8 Benelux Music Streaming Subscription Service Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Music Streaming Subscription Service Revenue, 2017-2028
  6.5.2 China Music Streaming Subscription Service Market Size, 2017-2028
  6.5.3 Japan Music Streaming Subscription Service Market Size, 2017-2028
  6.5.4 South Korea Music Streaming Subscription Service Market Size, 2017-2028
  6.5.5 Southeast Asia Music Streaming Subscription Service Market Size, 2017-2028
  6.5.6 India Music Streaming Subscription Service Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Music Streaming Subscription Service Revenue, 2017-2028
  6.6.2 Brazil Music Streaming Subscription Service Market Size, 2017-2028
  6.6.3 Argentina Music Streaming Subscription Service Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Music Streaming Subscription Service Revenue, 2017-2028
  6.7.2 Turkey Music Streaming Subscription Service Market Size, 2017-2028
  6.7.3 Israel Music Streaming Subscription Service Market Size, 2017-2028
  6.7.4 Saudi Arabia Music Streaming Subscription Service Market Size, 2017-2028
  6.7.5 UAE Music Streaming Subscription Service Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 Spotify
  7.1.1 Spotify Corporate Summary
  7.1.2 Spotify Business Overview
  7.1.3 Spotify Music Streaming Subscription Service Major Product Offerings
  7.1.4 Spotify Music Streaming Subscription Service Revenue in Global Market (2017-2022)
  7.1.5 Spotify Key News
7.2 Amazon Prime
  7.2.1 Amazon Prime Corporate Summary
  7.2.2 Amazon Prime Business Overview
  7.2.3 Amazon Prime Music Streaming Subscription Service Major Product Offerings
  7.2.4 Amazon Prime Music Streaming Subscription Service Revenue in Global Market (2017-2022)
  7.2.5 Amazon Prime Key News
7.3 Apple Music
  7.3.1 Apple Music Corporate Summary
  7.3.2 Apple Music Business Overview
  7.3.3 Apple Music Music Streaming Subscription Service Major Product Offerings
  7.3.4 Apple Music Music Streaming Subscription Service Revenue in Global Market (2017-2022)
  7.3.5 Apple Music Key News
7.4 Deezer
  7.4.1 Deezer Corporate Summary
  7.4.2 Deezer Business Overview
  7.4.3 Deezer Music Streaming Subscription Service Major Product Offerings
  7.4.4 Deezer Music Streaming Subscription Service Revenue in Global Market (2017-2022)
  7.4.5 Deezer Key News
7.5 YouTube Music
  7.5.1 YouTube Music Corporate Summary
  7.5.2 YouTube Music Business Overview
  7.5.3 YouTube Music Music Streaming Subscription Service Major Product Offerings
  7.5.4 YouTube Music Music Streaming Subscription Service Revenue in Global Market (2017-2022)
  7.5.5 YouTube Music Key News
7.6 Google Play Music
  7.6.1 Google Play Music Corporate Summary
  7.6.2 Google Play Music Business Overview
  7.6.3 Google Play Music Music Streaming Subscription Service Major Product Offerings
  7.6.4 Google Play Music Music Streaming Subscription Service Revenue in Global Market (2017-2022)
  7.6.5 Google Play Music Key News
7.7 Joox
  7.7.1 Joox Corporate Summary
  7.7.2 Joox Business Overview
  7.7.3 Joox Music Streaming Subscription Service Major Product Offerings
  7.7.4 Joox Music Streaming Subscription Service Revenue in Global Market (2017-2022)
  7.7.5 Joox Key News
7.8 Pandora
  7.8.1 Pandora Corporate Summary
  7.8.2 Pandora Business Overview
  7.8.3 Pandora Music Streaming Subscription Service Major Product Offerings
  7.8.4 Pandora Music Streaming Subscription Service Revenue in Global Market (2017-2022)
  7.8.5 Pandora Key News
7.9 SoundCloud
  7.9.1 SoundCloud Corporate Summary
  7.9.2 SoundCloud Business Overview
  7.9.3 SoundCloud Music Streaming Subscription Service Major Product Offerings
  7.9.4 SoundCloud Music Streaming Subscription Service Revenue in Global Market (2017-2022)
  7.9.5 SoundCloud Key News
7.10 Tidal
  7.10.1 Tidal Corporate Summary
  7.10.2 Tidal Business Overview
  7.10.3 Tidal Music Streaming Subscription Service Major Product Offerings
  7.10.4 Tidal Music Streaming Subscription Service Revenue in Global Market (2017-2022)
  7.10.5 Tidal Key News
7.11 Tencent Music
  7.11.1 Tencent Music Corporate Summary
  7.11.2 Tencent Music Business Overview
  7.11.3 Tencent Music Music Streaming Subscription Service Major Product Offerings
  7.11.4 Tencent Music Music Streaming Subscription Service Revenue in Global Market (2017-2022)
  7.11.5 Tencent Music Key News
7.12 MelON
  7.12.1 MelON Corporate Summary
  7.12.2 MelON Business Overview
  7.12.3 MelON Music Streaming Subscription Service Major Product Offerings
  7.12.4 MelON Music Streaming Subscription Service Revenue in Global Market (2017-2022)
  7.12.5 MelON Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Music Streaming Subscription Service Market Opportunities & Trends in Global Market
Table 2. Music Streaming Subscription Service Market Drivers in Global Market
Table 3. Music Streaming Subscription Service Market Restraints in Global Market
Table 4. Key Players of Music Streaming Subscription Service in Global Market
Table 5. Top Music Streaming Subscription Service Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Music Streaming Subscription Service Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Music Streaming Subscription Service Revenue Share by Companies, 2017-2022
Table 8. Global Companies Music Streaming Subscription Service Product Type
Table 9. List of Global Tier 1 Music Streaming Subscription Service Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Music Streaming Subscription Service Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Music Streaming Subscription Service Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Music Streaming Subscription Service Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Music Streaming Subscription Service Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Music Streaming Subscription Service Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Music Streaming Subscription Service Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Music Streaming Subscription Service Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Music Streaming Subscription Service Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Music Streaming Subscription Service Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Music Streaming Subscription Service Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Music Streaming Subscription Service Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Music Streaming Subscription Service Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Music Streaming Subscription Service Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Music Streaming Subscription Service Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Music Streaming Subscription Service Revenue, (US$, Mn), 2023-2028
Table 30. Spotify Corporate Summary
Table 31. Spotify Music Streaming Subscription Service Product Offerings
Table 32. Spotify Music Streaming Subscription Service Revenue (US$, Mn), (2017-2022)
Table 33. Amazon Prime Corporate Summary
Table 34. Amazon Prime Music Streaming Subscription Service Product Offerings
Table 35. Amazon Prime Music Streaming Subscription Service Revenue (US$, Mn), (2017-2022)
Table 36. Apple Music Corporate Summary
Table 37. Apple Music Music Streaming Subscription Service Product Offerings
Table 38. Apple Music Music Streaming Subscription Service Revenue (US$, Mn), (2017-2022)
Table 39. Deezer Corporate Summary
Table 40. Deezer Music Streaming Subscription Service Product Offerings
Table 41. Deezer Music Streaming Subscription Service Revenue (US$, Mn), (2017-2022)
Table 42. YouTube Music Corporate Summary
Table 43. YouTube Music Music Streaming Subscription Service Product Offerings
Table 44. YouTube Music Music Streaming Subscription Service Revenue (US$, Mn), (2017-2022)
Table 45. Google Play Music Corporate Summary
Table 46. Google Play Music Music Streaming Subscription Service Product Offerings
Table 47. Google Play Music Music Streaming Subscription Service Revenue (US$, Mn), (2017-2022)
Table 48. Joox Corporate Summary
Table 49. Joox Music Streaming Subscription Service Product Offerings
Table 50. Joox Music Streaming Subscription Service Revenue (US$, Mn), (2017-2022)
Table 51. Pandora Corporate Summary
Table 52. Pandora Music Streaming Subscription Service Product Offerings
Table 53. Pandora Music Streaming Subscription Service Revenue (US$, Mn), (2017-2022)
Table 54. SoundCloud Corporate Summary
Table 55. SoundCloud Music Streaming Subscription Service Product Offerings
Table 56. SoundCloud Music Streaming Subscription Service Revenue (US$, Mn), (2017-2022)
Table 57. Tidal Corporate Summary
Table 58. Tidal Music Streaming Subscription Service Product Offerings
Table 59. Tidal Music Streaming Subscription Service Revenue (US$, Mn), (2017-2022)
Table 60. Tencent Music Corporate Summary
Table 61. Tencent Music Music Streaming Subscription Service Product Offerings
Table 62. Tencent Music Music Streaming Subscription Service Revenue (US$, Mn), (2017-2022)
Table 63. MelON Corporate Summary
Table 64. MelON Music Streaming Subscription Service Product Offerings
Table 65. MelON Music Streaming Subscription Service Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Music Streaming Subscription Service Segment by Type in 2021
Figure 2. Music Streaming Subscription Service Segment by Application in 2021
Figure 3. Global Music Streaming Subscription Service Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Music Streaming Subscription Service Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Music Streaming Subscription Service Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Music Streaming Subscription Service Revenue in 2021
Figure 8. By Type - Global Music Streaming Subscription Service Revenue Market Share, 2017-2028
Figure 9. By Application - Global Music Streaming Subscription Service Revenue Market Share, 2017-2028
Figure 10. By Region - Global Music Streaming Subscription Service Revenue Market Share, 2017-2028
Figure 11. By Country - North America Music Streaming Subscription Service Revenue Market Share, 2017-2028
Figure 12. US Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Music Streaming Subscription Service Revenue Market Share, 2017-2028
Figure 16. Germany Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 17. France Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Music Streaming Subscription Service Revenue Market Share, 2017-2028
Figure 24. China Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 28. India Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Music Streaming Subscription Service Revenue Market Share, 2017-2028
Figure 30. Brazil Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Music Streaming Subscription Service Revenue Market Share, 2017-2028
Figure 33. Turkey Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Music Streaming Subscription Service Revenue, (US$, Mn), 2017-2028
Figure 37. Spotify Music Streaming Subscription Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Amazon Prime Music Streaming Subscription Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Apple Music Music Streaming Subscription Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Deezer Music Streaming Subscription Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. YouTube Music Music Streaming Subscription Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Google Play Music Music Streaming Subscription Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Joox Music Streaming Subscription Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Pandora Music Streaming Subscription Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. SoundCloud Music Streaming Subscription Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Tidal Music Streaming Subscription Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. Tencent Music Music Streaming Subscription Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 48. MelON Music Streaming Subscription Service Revenue Year Over Year Growth (US$, Mn) & (2017-2022)