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Global Music Streaming Subscription Market: Size & Forecast with Impact Analysis of COVID-19 (2020-2024)

August 2020 | 78 pages | ID: G94DB3195F71EN
Daedal Research

US$ 850.00

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Scope of the Report

The report entitled “Global Music Streaming Subscription Market: Size & Forecast with Impact Analysis of COVID-19 (2020-2024)”, provides in-depth analysis of the global music streaming subscription, with detailed analysis of market size and growth. The report provides analysis of the music streaming subscription market by value, by volume, by type & by region. The report further provides detailed regional analysis of the music streaming subscription market by value.

Moreover, the report also evaluates the major opportunities in the market and outlines the factors that are and would be driving the growth of the industry. Growth of the overall global music streaming subscription has also been forecasted for the years 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current & future trends.

The major players dominating the music streaming subscription market are Amazon.Com, Inc., Apple Inc., Tencent Holdings Limited and Spotify Technology SA. The four companies have been profiled in the report providing detailed analysis of their financial information and business strategies.

Region Coverage
  • North America
  • Asia
  • Europe
  • ROW
Company Coverage
  • Amazon.Com, Inc.
  • Apple Inc.
  • Tencent Holdings Limited
  • Spotify Technology SA
Executive Summary

There are different kind of music streaming subscriptions such as paid subscription, streaming music on mobile devices, etc., these paid programs offer free trials that allow user to evaluate their services.

The global music streaming subscription market has observed progressive growth in the past few years and it is anticipated that during the forecasted period (2020-2024) the market would further augment at an escalating growth rate. The global music streaming subscription market growth is predicted to be supported by numerous growth drivers such as rising urbanization, surging disposable income, growing smartphone penetration, increasing number of internet users, rising youth population and many other factors.

Conversely, the growth of global music streaming subscription market would be negatively impacted by various challenges. Some of the foremost challenges faced by the market are interruptions, delays or discontinuations in service and difficulty in obtaining rights to stream content globally. Moreover, there are some trends that would support the market during the forecasted period are, escalating smart speaker demand and surging 5G services.
1. EXECUTIVE SUMMARY

2. INTRODUCTION

2.1 Streaming: An Overview
  2.1.1 Types of Streaming
2.2 Music Streaming: An Overview
2.3 Timeline of Music Streaming
2.4 Music Streaming Subscription Segmentation

3. GLOBAL MARKET ANALYSIS

3.1 Global Music Streaming Subscription Market: An Analysis
  3.1.1 Global Music Streaming Subscription Market by Value
  3.1.2 Global Music Streaming Subscription Market by Volume
  3.1.3 Global Music Streaming Subscription Market by Type (Paid and Other)
  3.1.4 Global Music Streaming Subscription Market by Region (North America, Asia, Europe and ROW)
3.2 Global Music Streaming Subscription Market: Type Analysis
  3.2.1 Global Paid Music Streaming Subscription Market by Value
  3.2.2 Global Other Music Streaming Subscription Market by Value

4. REGIONAL MARKET ANALYSIS

4.1 North America Music Streaming Subscription Market: An Analysis
  4.1.1 North America Music Streaming Subscription Market by Value
  4.1.2 The US Music Streaming Subscription Market by Value
  4.1.3 The US Music Streaming Subscription Market by Volume
4.2 Europe Music Streaming Subscription Market: An Analysis
  4.2.1 Europe Music Streaming Subscription Market by Value
  4.2.2 Europe Music Streaming Subscription Market by Volume
  4.2.3 Germany Music Streaming Subscription Market by Value
  4.2.4 Germany Music Streaming Subscription Market by Volume
4.3 Asia Music Streaming Subscription Market: An Analysis
  4.3.1 Asia Music Streaming Subscription Market by Value
  4.3.2 Asia Music Streaming Subscription Market by Volume
  4.3.3 Japan Music Streaming Subscription Market by Value
  4.3.4 Japan Music Streaming Subscription Market by Volume
4.4 ROW Music Streaming Subscription Market: An Analysis
  4.4.1 ROW Music Streaming Subscription Market by Value

5. COVID-19

5.1 Impact of Covid-19
5.2 Response of Industry Owing to COVID-19
5.3 Regional Impact of COVID-19
5.4 Variation in Organic Traffic due to COVID-19 (2020)

6. MARKET DYNAMICS

6.1 Growth Drivers
  6.1.1 Rapid Urbanization
  6.1.2 Surging Disposable Income
  6.1.3 Growing Smartphone Penetration
  6.1.4 Increasing Number of Internet Users
  6.1.5 Rising Youth Population
6.2 Challenges
  6.2.1 Interruptions, Delays or Discontinuations in Service
  6.2.2 Difficulty in Obtaining Rights to Stream Content Globally
6.3 Market Trends
  6.3.1 Escalating Smart Speaker Demand
  6.3.2 Surging 5G Services

7. COMPETITIVE LANDSCAPE

7.1 Global Music Streaming Subscription Market Players: A Financial Comparison
7.2 Global Music Streaming Subscription Market Players’ by Research & Development Expenditure

8. COMPANY PROFILES

8.1 Spotify Technology SA
  8.1.1 Business Overview
  8.1.2 Financial Overview
  8.1.3 Business Strategy
8.2 Apple Inc.
  8.2.1 Business Overview
  8.2.2 Financial Overview
  8.2.3 Business Strategy
8.3 Tencent Holdings Limited
  8.3.1 Business Overview
  8.3.2 Financial Overview
  8.3.3 Business Strategy
8.4 Amazon.Com, Inc.
  8.4.1 Business Overview
  8.4.2 Financial Overview
  8.4.3 Business Strategy

LIST OF FIGURES

Figure 1: Types of Streaming
Figure 2: Timeline of Music Streaming
Figure 3: Music Streaming Subscription Segmentation
Figure 4: Global Music Streaming Subscription Market by Value; 2018-2019 (US$ Billion)
Figure 5: Global Music Streaming Subscription Market by Value; 2020-2024 (US$ Billion)
Figure 6: Global Music Streaming Subscription Market by Volume; 2019-2024 (Million)
Figure 7: Global Music Streaming Subscription Market by Type; 2019 (Percentage, %)
Figure 8: Global Music Streaming Subscription Market by Region; 2019 (Percentage, %)
Figure 9: Global Paid Music Streaming Subscription Market by Value; 2018-2019 (US$ Billion)
Figure 10: Global Paid Music Streaming Subscription Market by Value; 2020-2024 (US$ Billion)
Figure 11: Global Other Music Streaming Subscription Market by Value; 2018-2019 (US$ Billion)
Figure 12: Global Other Music Streaming Subscription Market by Value; 2020-2024 (US$ Billion)
Figure 13: North America Music Streaming Subscription Market by Value; 2018-2019 (US$ Billion)
Figure 14: North America Music Streaming Subscription Market by Value; 2020-2024 (US$ Billion)
Figure 15: The US Music Streaming Subscription Market by Value; 2018-2019 (US$ Billion)
Figure 16: The US Music Streaming Subscription Market by Value; 2020-2024 (US$ Billion)
Figure 17: The US Music Streaming Subscription Market by Volume; 2019-2024 (Million)
Figure 18: Europe Music Streaming Subscription Market by Value; 2018-2019 (US$ Billion)
Figure 19: Europe Music Streaming Subscription Market by Value; 2020-2024 (US$ Billion)
Figure 20: Europe Music Streaming Subscription Market by Volume; 2019-2024 (Million)
Figure 21: Germany Music Streaming Subscription Market by Value; 2018-2019 (US$ Million)
Figure 22: Germany Music Streaming Subscription Market by Value; 2020-2024 (US$ Million)
Figure 23: Germany Music Streaming Subscription Market by Volume; 2019-2024 (Million)
Figure 24: Asia Music Streaming Subscription Market by Value; 2018-2019 (US$ Billion)
Figure 25: Asia Music Streaming Subscription Market by Value; 2020-2024 (US$ Billion)
Figure 26: Asia Music Streaming Subscription Market by Volume; 2019-2024 (Million)
Figure 27: Japan Music Streaming Subscription Market by Value; 2018-2019 (US$ Million)
Figure 28: Japan Music Streaming Subscription Market by Value; 2020-2024 (US$ Million)
Figure 29: Japan Music Streaming Subscription Market by Volume; 2019-2024 (Million)
Figure 30: ROW Music Streaming Subscription Market by Value; 2018-2019 (US$ Billion)
Figure 31: ROW Music Streaming Subscription Market by Value; 2020-2024 (US$ Billion)
Figure 32: Growth in Japan Music Streaming Formats Post COVID-19, (Percentage, %)
Figure 33: Growth in Japan Music Streaming Demand by Different Age Group Post COVID-19, (Percentage, %)
Figure 34: Variation in Organic Traffic due to COVID-19 (2020), (Percentage, %)
Figure 35: Global Urban Population; 1990-2050 (Percentage, %)
Figure 36: Global GNI Per Capita; 2015-2019 (US$ Million)
Figure 37: Global Smartphone Penetration; 2016-2020 (Percentage, %)
Figure 38: Global Internet Users; 2015-2020 (Billion)
Figure 39: Global Youth Population; 2019-2065 (Billion)
Figure 40: Global Smart Speaker Shipment; 2019-2025 (Million)
Figure 41: Global 5G Services Market; 2019-2023 (US$ Billion)
Figure 42: Global Music Streaming Subscription Market Player by Research & Development Expenditure; 2017-2019 (US$ Billion)
Figure 43: Spotify Technology SA Revenue; 2015-2019 (US$ Billion)
Figure 44: Spotify Technology SA Revenue by Segment; 2019 (Percentage, %)
Figure 45: Spotify Technology SA Revenue by Region; 2019 (Percentage, %)
Figure 46: Apple Inc. Total Net Sales; 2015-2019 (US$ Billion)
Figure 47: Apple Inc. Total Net Sales by Category; 2019 (Percentage, %)
Figure 48: Apple Inc. Total Net Sales by Region; 2019 (Percentage, %)
Figure 49: Tencent Holdings Limited Revenue; 2015-2019 (US$ Billion)
Figure 50: Tencent Holdings Limited Revenue by Segment; 2019 (Percentage, %)
Figure 51: Tencent Holdings Limited Revenue by Region; 2019 (Percentage, %)
Figure 52: Amazon.Com, Inc. Net Sales; 2015-2019 (US$ Billion)
Figure 53: Amazon.Com, Inc. Net Sales by Segment; 2019 (Percentage, %)
Figure 54: Amazon.Com, Inc. Net Sales by Region; 2019
Table 1: Global Music Streaming Subscription Market Players: A Financial Comparison; 2019


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