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India Music Insights, Film Music, Operational Private FM Stations, Future Outlook and Global Music Trends

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  • 26 Pages
  • May 2020
  • Region: Global, India
  • Renub Research
  • ID: 5029476
1. Executive Summary

2. India Music Insights
  • Film music contributed Major percentage in total revenues
  • Physical format music sales fell 50% in 2018
  • Paid audio streaming
  • Overall consumers consumed Music on smart phones
  • India generated billions music streams in December 2018
  • Figure: Music Revenue (INR in Billion), 2017- 2021E
  • Figure: By Format - Global Recorded Music Industry Revenues in 2007 & 2017

3. India Operational Private FM stations
  • Indian internet users spent over three hours a day listening to music
  • Three out of four listeners used pirated music
  • Advertising on music streaming remained negligible
  • Growth in online music streaming drove investment and innovation
  • Figure: By Rank - India Top Five Music Apps by Download, Revenue & MAU

4. Future Outlook
  • Indian music artists were signed by foreign labels
  • Music Segment will reach INR 19.2 Billion by 2021
  • Bundling of music will drive growth
  • Figure: India & Global Music Listeners by Hour per Week

5. Global Music Trends
  • Figure: Streaming services achieve significant subscriber scale
  • Figure: Need to segment customers
  • Figure: Piracy is a global problem
  • India accedes to WIPO Copyright Treaty, 1996 and WIPO Performance & Phonograms Treaty, 1996


In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts