Online Music Streaming in the United Kingdom (UK) - Market Summary, Competitive Analysis and Forecast to 2025

March 2021 | 47 pages | ID: O8BB5A406DDDEN
MarketLine

Abstracts

Online Music Streaming in the United Kingdom (UK) - Market @Summary, Competitive Analysis and Forecast to 2025

SUMMARY

Online Music Streaming in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

KEY HIGHLIGHTS

• The online music streaming market consists of revenues generated from music and music video streaming. Revenues are made up from subscription service charges and ad-supported streams. All currency conversions are carried out at constant annual average 2020 exchange rates.
• The UK online music streaming market had total revenues of $1.7bn in 2020, representing a compound annual growth rate (CAGR) of 34.1% between 2016 and 2020.
• The subscription services segment was the market's most lucrative in 2020, with total revenues of $1.6bn, equivalent to 93.1% of the market's overall value.
• UK online music streaming increased by 20% during lockdown. As a result, online music streaming accounting for over 80% of overall music consumption in 2020 with audio streams up to 139 billion from 114 billion in 2019.

SCOPE

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the online music streaming market in the United Kingdom
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the online music streaming market in the United Kingdom
• Leading company profiles reveal details of key online music streaming market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom online music streaming market with five year forecasts

REASONS TO BUY

• What was the size of the United Kingdom online music streaming market by value in 2020?
• What will be the size of the United Kingdom online music streaming market in 2025?
• What factors are affecting the strength of competition in the United Kingdom online music streaming market?
• How has the market performed over the last five years?
• What are the main segments that make up the United Kingdom's online music streaming market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What have been the most significant mergers/acquisitions over the past few years?
7.3. What strategies do the leading players follow?

8 COMPANY PROFILES

8.1. Spotify AB
8.2. Apple Inc
8.3. Sirius XM Holdings Inc.
8.4. Amazon.com, Inc.

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: United Kingdom online music streaming market value: $ million, 2016-20
Table 2: United Kingdom online music streaming market category segmentation: $ million, 2020
Table 3: United Kingdom online music streaming market geography segmentation: $ million, 2020
Table 4: United Kingdom online music streaming market value forecast: $ million, 2020-25
Table 5: Spotify AB: key facts
Table 6: Spotify AB: Key Employees
Table 7: Apple Inc: key facts
Table 8: Apple Inc: Annual Financial Ratios
Table 9: Apple Inc: Key Employees
Table 10: Apple Inc: Key Employees Continued
Table 11: Sirius XM Holdings Inc.: key facts
Table 12: Sirius XM Holdings Inc.: Annual Financial Ratios
Table 13: Sirius XM Holdings Inc.: Key Employees
Table 14: Sirius XM Holdings Inc.: Key Employees Continued
Table 15: Amazon.com, Inc.: key facts
Table 16: Amazon.com, Inc.: Annual Financial Ratios
Table 17: Amazon.com, Inc.: Key Employees
Table 18: Amazon.com, Inc.: Key Employees Continued
Table 19: United Kingdom size of population (million), 2016-20
Table 20: United Kingdom gdp (constant 2005 prices, $ billion), 2016-20
Table 21: United Kingdom gdp (current prices, $ billion), 2016-20
Table 22: United Kingdom inflation, 2016-20
Table 23: United Kingdom consumer price index (absolute), 2016-20
Table 24: United Kingdom exchange rate, 2016-20

List Of Figures

LIST OF FIGURES

Figure 1: United Kingdom online music streaming market value: $ million, 2016-20
Figure 2: United Kingdom online music streaming market category segmentation: % share, by value, 2020
Figure 3: United Kingdom online music streaming market geography segmentation: % share, by value, 2020
Figure 4: United Kingdom online music streaming market value forecast: $ million, 2020-25
Figure 5: Forces driving competition in the online music streaming market in the United Kingdom, 2020
Figure 6: Drivers of buyer power in the online music streaming market in the United Kingdom, 2020
Figure 7: Drivers of supplier power in the online music streaming market in the United Kingdom, 2020
Figure 8: Factors influencing the likelihood of new entrants in the online music streaming market in the United Kingdom, 2020
Figure 9: Factors influencing the threat of substitutes in the online music streaming market in the United Kingdom, 2020
Figure 10: Drivers of degree of rivalry in the online music streaming market in the United Kingdom, 2020