Global Music Streaming Market 2017-2021 | Free Music Streaming Segment Dominates the Global Market | Technavio

LONDON–(BUSINESS WIRE)–#MediaandEntertainment–According to the market research report released by Technavio, the
global music streaming market is expected to accelerate at a CAGR of
over 14% during the forecast period. High growth in mobile ad spending
market is one of the key factors triggering the growth of the market.


This research report titled ‘Global
Music Streaming Market 2017-2021
’ provides an in-depth analysis
of the market in terms of revenue and emerging market trends. It also
includes an up-to-date analysis and forecasts for various market
segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

The market research analysis categorizes the global music streaming
market into the following streaming type:

  • Free music streaming
  • Paid music streaming

In 2016, the free music streaming segment accounted for 82% of the
global market and is projected to decrease to 66% by 2021, exhibiting
almost a 16% decline in market share.

Global music streaming market: Top emerging trend

The advent of smart speakers is an emerging trend in the music streaming
market space. These speakers allow individuals to control music using
iOS and Android apps and enjoy music around the house with the
multi-room listening feature. It also allows them to control their smart
homes, help them with setting alarms, to-dos, and reminders, stream
music and podcasts, and gather information on weather, news, and
business. The launch of smart speakers by various vendors will
positively influence the market in the forthcoming years.

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.

Technavio’s report provides expert market research on the following
topics:

Executive Report

  • Market Outline
  • Global Music Streaming Market Overview

Market Insights

  • Market Sizing and Forecasts
  • Market Growth
  • Market Drivers and Challenges
  • Key Emerging Trends

Market Segmentation Analysis

  • Regional comparison (APAC, Americas, and EMEA)
  • Key leading countries
  • Market segmentation by streaming type (free music streaming and paid
    music streaming)
  • Market segmentation by streaming end-user (individual user and
    commercial user)

Vendor Landscape

  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario
  • Analysis of top vendors (Apple, Deezer, Google, iHeartMedia, Pandora
    Media, and Spotify)

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
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competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

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