Global Online Music Streaming Market to Reach $78.5 Billion by 2030
The global market for Online Music Streaming estimated at US$23.9 Billion in the year 2022, is projected to reach a revised size of US$78.5 Billion by 2030, growing at a CAGR of 16% over the analysis period 2022-2030. Audio, one of the segments analyzed in the report, is projected to record 14.6% CAGR and reach US$42.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Video segment is readjusted to a revised 18.1% CAGR for the next 8-year period.The U.S. Market is Estimated at $6.5 Billion, While China is Forecast to Grow at 21.2% CAGR
The Online Music Streaming market in the U.S. is estimated at US$6.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$18.7 Billion by the year 2030 trailing a CAGR of 21.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.9% and 13.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.7% 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
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 236 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 23.9 Billion |
Forecasted Market Value ( USD | $ 78.5 Billion |
Compound Annual Growth Rate | 16.0% |
Regions Covered | Global |