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United Kingdom (UK) Online Music Streaming Market to 2027

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    Report

  • 49 Pages
  • December 2023
  • Region: United Kingdom
  • MarketLine
  • ID: 5928245
Online Music Streaming in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). 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 includes the revenue generated from the streaming of music online. This revenue is primarily generated from two sources: subscription services and ad-supported streams.
  • The UK online music streaming market had total revenues of $2.0 billion in 2022, representing a compound annual growth rate (CAGR) of 22.5% between 2017 and 2022.
  • The subscription services segment accounted for the market's largest proportion in 2022, with total revenues of $1.8 billion, equivalent to 86.1% of the market's overall value.
  • According to in-house research, the UK held 9.2% stake in global online music streaming in 2022.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, 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 by both value and volume

Reasons to Buy

  • What was the size of the United Kingdom online music streaming market by value in 2022?
  • What will be the size of the United Kingdom online music streaming market in 2027?
  • 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?
  • How large is the United Kingdom’s online music streaming market in relation to its regional counterparts?

Table of 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 are the strengths of leading players?
7.3. What strategies do leading players follow?
7.4. What are the recent developments in the market?
8 Company Profiles
8.1. Spotify AB
8.2. Apple Inc
8.3. SoundCloud Ltd.
8.4. YouTube LLC
8.5. Amazon.com, Inc.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: United Kingdom online music streaming market value: $ million, 2017-22
Table 2: United Kingdom online music streaming market category segmentation: % share, by value, 2017-2022
Table 3: United Kingdom online music streaming market category segmentation: $ million, 2017-2022
Table 4: United Kingdom online music streaming market geography segmentation: $ million, 2022
Table 5: United Kingdom online music streaming market value forecast: $ million, 2022-27
Table 6: Spotify AB: key facts
Table 7: Spotify AB: Key Employees
Table 8: Apple Inc: key facts
Table 9: Apple Inc: Annual Financial Ratios
Table 10: Apple Inc: Key Employees
Table 11: Apple Inc: Key Employees Continued
Table 12: SoundCloud Ltd.: key facts
Table 13: SoundCloud Ltd.: Key Employees
Table 14: YouTube LLC: key facts
Table 15: YouTube LLC: Key Employees
Table 16: Amazon.com, Inc.: key facts
Table 17: Amazon.com, Inc.: Annual Financial Ratios
Table 18: Amazon.com, Inc.: Key Employees
Table 19: Amazon.com, Inc.: Key Employees Continued
Table 20: United Kingdom size of population (million), 2018-22
Table 21: United Kingdom gdp (constant 2005 prices, $ billion), 2018-22
Table 22: United Kingdom gdp (current prices, $ billion), 2018-22
Table 23: United Kingdom inflation, 2018-22
Table 24: United Kingdom consumer price index (absolute), 2018-22
Table 25: United Kingdom exchange rate, 2018-22
List of Figures
Figure 1: United Kingdom online music streaming market value: $ million, 2017-22
Figure 2: United Kingdom online music streaming market category segmentation: $ million, 2017-2022
Figure 3: United Kingdom online music streaming market geography segmentation: % share, by value, 2022
Figure 4: United Kingdom online music streaming market value forecast: $ million, 2022-27
Figure 5: Forces driving competition in the online music streaming market in the United Kingdom, 2022
Figure 6: Drivers of buyer power in the online music streaming market in the United Kingdom, 2022
Figure 7: Drivers of supplier power in the online music streaming market in the United Kingdom, 2022
Figure 8: Factors influencing the likelihood of new entrants in the online music streaming market in the United Kingdom, 2022
Figure 9: Factors influencing the threat of substitutes in the online music streaming market in the United Kingdom, 2022
Figure 10: Drivers of degree of rivalry in the online music streaming market in the United Kingdom, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Spotify AB
  • Apple Inc
  • SoundCloud Ltd.
  • YouTube LLC
  • Amazon.com, Inc.