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Online Music Streaming - Global Market Trajectory & Analytics

  • ID: 338385
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Amazon.com, Inc.
  • Apple, Inc.
  • Baidu, Inc.
  • Pandora Media, Inc.
  • RealNetworks, Inc.
  • Sony Corporation
Global Online Music Streaming Market to Reach $73.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Online Music Streaming estimated at US$11.7 Billion in the year 2020, is projected to reach a revised size of US$73.5 Billion by 2027, growing at a CAGR of 30% over the period 2020-2027.





The U.S. Market is Estimated at $3.1 Billion, While China is Forecast to Grow at 37.2% CAGR

The Online Music Streaming market in the U.S. is estimated at US$3.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$19 Billion by the year 2027 trailing a CAGR of 37.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 23.8% and 27.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 25.7% CAGR.

Select Competitors (Total 96 Featured):
  • Amazon.com, Inc.
  • Apple, Inc.
  • Baidu, Inc.
  • Google, Inc. - Google Play
  • Pandora Media, Inc.
  • RealNetworks, Inc.
  • Samsung Electronics Co., Ltd.
  • Sony Corporation
  • Spotify AB
  • Vodafone Group PLC
Frequently Asked Questions about the Global Market for Online Music Streaming

What is the estimated value of the Global Market for Online Music Streaming?

The Global Market for Online Music Streaming was estimated to be valued at $11.7 Billion in 2020.

What is the growth rate of the Global Market for Online Music Streaming?

The growth rate of the Global Market for Online Music Streaming is 30.0%, with an estimated value of $73.5 Billion by 2027.

What is the forecasted size of the Global Market for Online Music Streaming?

The Global Market for Online Music Streaming is estimated to be worth $73.5 Billion by 2027.

Who are the key companies in the Global Market for Online Music Streaming?

Key companies in the Global Market for Online Music Streaming include Amazon.com, Inc., Apple, Inc., Baidu, Inc., Google, Inc., Google Play, Pandora Media, Inc., RealNetworks, Inc., Samsung Electronics Co. Ltd. and Spotify AB.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Amazon.com, Inc.
  • Apple, Inc.
  • Baidu, Inc.
  • Pandora Media, Inc.
  • RealNetworks, Inc.
  • Sony Corporation

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Industry Witnesses Drop in Music Services Amid COVID-19
  • Lockdowns Increase Consumption of Music Streaming Services
  • Future of Music Streaming Post COVID-19
  • Online Music Streaming: An Overview

2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Telecom Network Operators Add Music Services to Boost Growth
  • Rise in Subscription Services Drive Music Streaming
  • Market Share of Music Streaming Subscribers Worldwide
  • Rise in Freemium Business Models by Online Music Streaming Services
  • Rise in Wearable Amplify Growth Opportunities
  • Benefits of Online Music Streaming Platforms
  • Exhibit 1: Popular Music Streaming Services in the US by Age Group
  • Online Music Streaming Ushers in a Revolution in Music Industry
  • Exhibit 2: US Music Revenues by Format: 2019
  • Factors Driving Growth in Online Music Subscription
  • Millennials Catch up with Music Streaming
  • Young Adults: Major Demographic for Online Music
  • Exhibit 3: Breakdown of Streaming Music Listeners by Age-Group
  • Select Music Sources in the US by Age Group
  • Music Consumption by Location

4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Current & Future Analysis for Online Music Streaming by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Online Music Streaming by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Online Music Streaming by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2020 & 2027

III. MARKET ANALYSIS
  • UNITED STATES
  • Table 4: USA Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 5: USA Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • CANADA
  • Table 6: Canada Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 7: Canada Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • JAPAN
  • Table 8: Japan Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 9: Japan Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • CHINA
  • Table 10: China Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 11: China Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • EUROPE
  • Table 12: Europe Current & Future Analysis for Online Music Streaming by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 13: Europe Historic Review for Online Music Streaming by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 14: Europe 15-Year Perspective for Online Music Streaming by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2020 & 2027
  • FRANCE
  • Table 15: France Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 16: France Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • GERMANY
  • Table 17: Germany Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 18: Germany Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • ITALY
  • Table 19: Italy Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 20: Italy Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • UNITED KINGDOM
  • Table 21: UK Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 22: UK Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • SPAIN
  • Table 23: Spain Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 24: Spain Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • RUSSIA
  • Table 25: Russia Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 26: Russia Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • REST OF EUROPE
  • Table 27: Rest of Europe Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 28: Rest of Europe Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • ASIA-PACIFIC
  • Table 29: Asia-Pacific Current & Future Analysis for Online Music Streaming by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 30: Asia-Pacific Historic Review for Online Music Streaming by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 31: Asia-Pacific 15-Year Perspective for Online Music Streaming by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2020 & 2027
  • AUSTRALIA
  • Table 32: Australia Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 33: Australia Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • INDIA
  • Table 34: India Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 35: India Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • SOUTH KOREA
  • Table 36: South Korea Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 37: South Korea Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • REST OF ASIA-PACIFIC
  • Table 38: Rest of Asia-Pacific Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 39: Rest of Asia-Pacific Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • LATIN AMERICA
  • Table 40: Latin America Current & Future Analysis for Online Music Streaming by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 41: Latin America Historic Review for Online Music Streaming by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 42: Latin America 15-Year Perspective for Online Music Streaming by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2012, 2020 & 2027
  • ARGENTINA
  • Table 43: Argentina Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 44: Argentina Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • BRAZIL
  • Table 45: Brazil Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 46: Brazil Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • MEXICO
  • Table 47: Mexico Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 48: Mexico Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • REST OF LATIN AMERICA
  • Table 49: Rest of Latin America Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 50: Rest of Latin America Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • MIDDLE EAST
  • Table 51: Middle East Current & Future Analysis for Online Music Streaming by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 52: Middle East Historic Review for Online Music Streaming by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 53: Middle East 15-Year Perspective for Online Music Streaming by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2012, 2020 & 2027
  • IRAN
  • Table 54: Iran Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 55: Iran Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • ISRAEL
  • Table 56: Israel Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 57: Israel Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • SAUDI ARABIA
  • Table 58: Saudi Arabia Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 59: Saudi Arabia Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • UNITED ARAB EMIRATES
  • Table 60: UAE Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 61: UAE Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • REST OF MIDDLE EAST
  • Table 62: Rest of Middle East Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 63: Rest of Middle East Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • AFRICA
  • Table 64: Africa Current & Future Analysis for Online Music Streaming by Segment - Online Music Streaming - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 65: Africa Historic Review for Online Music Streaming by Segment - Online Music Streaming Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR

IV. COMPETITION
  • Total Companies Profiled: 96
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Amazon.com, Inc.
  • Apple, Inc.
  • Baidu, Inc.
  • Google, Inc. - Google Play
  • Pandora Media, Inc.
  • RealNetworks, Inc.
  • Samsung Electronics Co. Ltd.
  • Sony Corporation
  • Spotify AB
  • Vodafone Group PLC
Note: Product cover images may vary from those shown