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The music on demand market is forecasted to grow by USD 72.57 billion during 2024-2029, accelerating at a CAGR of 17.9% during the forecast period. The report on the music on demand market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in mobile advertisement spending, surge in subscription-based services, and bundled services provided by market players.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The music on demand market is segmented as below:
By Type
- Music streaming
- Radio on demand
By End-user
- Individual users
- Commercial users
By Method
- Premium subscription
- Ad-supported free model
By Content Type
- Audio
- Video
By Platform
- Smartphones
- PCs
- Tablets
- Smart TVs
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the music on demand market covers the following areas:
- Music On Demand Market sizing
- Music On Demand Market forecast
- Music On Demand Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by End-user
10 Market Segmentation by Method
11 Market Segmentation by Content Type
12 Market Segmentation by Platform
13 Customer Landscape
14 Geographic Landscape
15 Drivers, Challenges, and Opportunity/Restraints
16 Competitive Landscape
17 Competitive Analysis
18 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global music on demand market: Amazon Music, Anghami, Apple Music, Audiomack, Boomplay, Deezer SA, Entertainment Network India Ltd., iHeartRadio, JioSaavn, KKBOX, Mixcloud Ltd., Rhapsody International Inc., Pandora Media Inc., SoundCloud Global Ltd. and Co. KG, Spotify Technology SA, Tencent Music Entertainment Group, TIDAL Music AS, XANDRIE SA, Yandex Music, and YouTube Music.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in adoption of cloud services."
According to the report, one of the major drivers for this market is the growth in mobile advertisement spending.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Amazon Music
- Anghami
- Apple Music
- Audiomack
- Boomplay
- Deezer SA
- Entertainment Network India Ltd.
- iHeartRadio
- JioSaavn
- KKBOX
- Mixcloud Ltd.
- Rhapsody International Inc.
- Pandora Media Inc.
- SoundCloud Global Ltd. and Co. KG
- Spotify Technology SA
- Tencent Music Entertainment Group
- TIDAL Music AS
- XANDRIE SA
- Yandex Music
- YouTube Music