Title: Global Music Streaming Market Research Report: Forecast (2023-2028)
1Global Music Streaming Market Report 2023 Size,
Share, Growth, Upcoming Trends Forecast 2028
The Global Music Streaming Market size is valued
at around USD 22.7 billion in 2022 is estimated
to grow at a CAGR of about 12.32 during the
forecast period, i.e., 2023-28.
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WHO ARE WE?
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3Market Insights
- The Global Music Streaming Market size is valued
at around USD 22.7 billion in 2022 is estimated
to grow at a CAGR of about 12.32 during the
forecast period, i.e., 2023-28. The market is
expected to upscale due to some factors like the
widespread adoption of smartphones internet,
rising prevalence for music streaming services,
and the upgrade in the revenue generated from
mobile advertisement. The proliferation of
top-of-the-line smartphones internet
connections has contributed to a tendency for
online streaming services, presenting customers
with additional mobile options for streaming
music material. With the popularity of music
streaming services, including sources or websites
that let the individuals to listen watch music
videos and podcast with both audio as well as
visuals, the market has been flourishing since
the past period. Along with this, due to the
attractive features such as personalized song
recommendations, seamless accessibility across
numerous browsers applications, and the
automatic customization of the playlist is also
aiding in enhancing the Music Streaming Market
share.
4Music Streaming Market Leading key players
- Amazon Inc., Apple Inc., Deezer, Google LLC,
iHeartMedia, Inc., Pandora Media, Inc.,
SoundCloud Limited, Spotify AB, Tencent Music
Entertainment Group, Tidal (Aspiro AB), Guvera,
Microsoft, Slacker, Times Internet, Yandex, and
Others
5Music Streaming Market Segmentation Analysis
- By Services (On-demand Streaming, Live
Streaming), - By Platform (Apps, Browsers),
- By Content Type (Audio, Video),
- By End Users (Individual, Commercial),
- By Region (North America, South America, Europe,
The Middle East Africa, Asia-Pacific)
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