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Music Streaming Market

Music Streaming Market (Streaming Platform: Application-based and Web-based; Content Type: Audio and Video; Revenue Channel: Advertisement and Subscribers [Premium]) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030

COVID-19 helps Amplify Music Streaming, Upgrade Marketing Strategies

Revenue in the music streaming market has skyrocketed during the coronavirus crisis. Companies are upgrading their online and offline marketing strategies by offering subscriptions and free services up to certain months. Such offers eventually lead to more conversions of users, thus boosting revenue opportunities.

The COVID-19 pandemic has accelerated collaborations among music artists. This is translating into incremental opportunities for companies in the music streaming market via advertisements and subscriptions. These companies are sifting through artist data to attract similar artists in each country to enable local user targeting and increase return on investment. As such, viewership on emerging video sharing platforms such as Twitch for their Music and Performance Arts Category has witnessed a spurt amidst the ongoing coronavirus pandemic.

music streaming market segmentation

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Apple Music or Spotify: Which is Better?

The music streaming market is projected to advance at an astonishing CAGR of ~15% during the assessment period. Online reviews and recommendations of bloggers are influencing the decisions of listeners. For instance, weighing the pros and cons of music streaming platforms such as Apple Music and Spotify is impacting subscriber base. Both Apple and Spotify are priced at the same value for users and students; however, Spotify is ad-supported but Apple’s has ads for only Beats1 radio.

The number of songs in the App’s music library also influences a listener’s preference. Hence, companies in the music streaming market are adopting artificial intelligence (AI) and machine learning (ML) to recommend songs as per the listener’s preference.

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Personalization, Artist Analytics Apps Increase Market Competition

The music streaming market is projected to surpass US$ 103.7 Bn by 2030. Companies are realizing that highly advanced personalization is crucial in streaming apps. The combination of ML and human curation has led to the creation of data-driven playlists that are capable of getting smarter over time. App developers are making potential enhancements for user’s recommendations and social discovery in conjunction with sophisticated algorithms.

On the other hand, Universal Music Group is gaining recognition for introducing its Universal Music Artists app, which offers artist and their teams a personalized view of their activity across major global streaming services and social media. Such innovations are translating into revenue opportunities for companies in the music streaming market. Artist promotion toolkits now include artist analytics apps where a musician can gain access to a wealth of information about his/her music in comparison with other musicians across Instagram, Facebook, and other platforms.

5G Connectivity, Live Streaming of Music Shows Bolster Market Growth

Increase in connectivity speed with 5G has become one of the hottest trends in the global music streaming market. Amazon is capitalizing on this opportunity to offer new Music HD service by providing lossless audio streams and downloads to fans in the U.S., the U.K., Germany, and Japan. With the potential to deliver data up to several times faster than 4G, companies will be offering high-fidelity music streams with the growing adoption for 5G.

Virtual reality (VR), augmented reality (AR), and hologram shows are anticipated to gain popularity for live streaming music videos. Such trends are bolstering growth of the music streaming market.

Smart Speakers, HD Music Drives Traffic on Streaming Apps

Streaming platforms are catering to the needs of the modern music community by making it easy and affordable for fans to legally access high-quality content from any part of the world. Companies in the music streaming market are increasing efforts to offer personalized experience to users to increase viewership and boost production of music among artists.

Companies in the music streaming market are trying to modernize the music experience, owing to a surge in smart speaker uptake, HD (High Definition) music, and data-driven insights.

music streaming market infographic

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Analysts’ Viewpoint

Live streaming of music videos and concerts is expected for exponential growth due to the onset of the COVID-19 pandemic and enhanced 5G speeds. Data-driven insights are revolutionizing the way creators are understanding their listeners and empowering artists to establish direct connections with fans. Although virtual concerts currently are a rage due to the pandemic, it has been found according to a survey by Forbes that individuals would prefer a live music event to the former. Hence, companies are re-thinking their pricing, ad management and subscription offers to sustain their user base. As such, music creators are garnering widespread exposure, as fans are able to virtually access unlimited supply of music on touch.

Music Streaming Market: Overview

  • The latest research report published by Transparency Market Research pertains to the global music streaming market for the historical period 2018–2019 and the forecast period 2020–2030
  • Increasing penetration of smartphones and growing usage of mobile Internet data are expected to drive the global music streaming market during the forecast period. Rising adoption of digital music and accessibility of resources delivering advanced streaming experiences on smartphones to consumers are significantly driving the adoption of music streaming platforms on smartphones worldwide. This, in turn, is anticipated to propel the music streaming market during the forecast period.
  • In terms of revenue, the global music streaming market is projected to exceed the value of US$ 103.7 Bn by 2030, expanding at a CAGR of ~15% during the forecast period

Availability of Multi-device Compatibility Solutions: A Key Driver of Music Streaming Market

  • High technological demand to deliver music in digital format is fueling the usage of multi-device compatibility devices. Thus, vendors are focusing on offering multi-device compatibility devices such as smart speakers, smartphones, smart watches, HD TVs, and various voice assistant devices - Amazon Alexa, Microsoft Cortana, Apple Siri, and Samsung Bixby to provide better listening experience to users, as online streaming has become an effective entertainment option for users. Most vendors are presently launching compatibility devices, which is estimated to create a significant opportunity for the music streaming market. Moreover, rise in availability of multi-device compatibility solutions is projected to boost the number of subscribers and listeners, as they offer freedom to listeners to access their favorite music on the device of their choice. This, in turn, can create significant opportunity for the music streaming market. 
  • Moreover, music service providers such as Spotify, Apple, and Pandora not only offer music on one device, but offer music services across multiple devices at the same time with the same paid subscription in order to enhance personalized experience with online music streaming. This is projected to offer significant opportunities to the music streaming market during the forecast period.

Adoption of Artificial Intelligence and Machine Learning to Play Key Role in Making Music Streaming Smarter

  • The music industry has presently received a glimpse of the power of artificial intelligence (AI) and machine learning (ML) through the recommendation engine. Additionally, music streaming providers, which include Spotify, Pandora, Amazon, and Apple are taking music services to the next level by integrating AI with their music streaming. This is likely to help music streaming providers to reshape the music industry, as it is helpful in music discovery based on user persona.
  • Moreover, AI and ML play a critical role in the music streaming industry, as they possess the ability to transform live streaming in order to cater to the user’s demand for real-time music. Additionally, musicians are capable of becoming smarter over time by combining AI and ML with human curation, leading to fine-tuned personalization at an unprecedented level. Use of AI and ML tools is estimated to help musicians create high quality, professional-sounding music, which is projected to offer significant opportunity for the music streaming market.

Music Streaming Market: Competition Landscape

  • Detailed profiles of providers of music streaming have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
  • Key players operating in the global music streaming market are
    • Amazon.com, Inc.
    • Apple Inc. (Apple Music)
    • Aspiro AB (Tidel)
    • Deezer
    • Gamma Gaana Limited
    • Google LLC (YouTube Music)
    • Idagio
    • iHeartMedia, Inc. (iHeartRadio)
    • LiveXLive
    • Microsoft Corporation
    • Pandora Media, Inc.
    • QTRAX
    • Saavn Media Pvt Ltd.
    • Samsung Electronics Co. Ltd.
    • Sirius XM Holdings Inc.
    • Sony Corporation
    • SoundCloud
    • Spotify Technology S.A.
    • Tencent Music Entertainment Group
    • TuneIn, Inc.

Music Streaming Market: Key Developments

  • Key providers of music streaming, such as Amazon.com, Inc., Apple Inc. (Apple Music), SoundCloud, Spotify Technology S.A., Tencent Music Entertainment Group, and TuneIn, Inc. are focusing on the development of cost-effective music streaming to attract more customers. Additionally, players active in providing music streaming are focusing on inorganic growth strategies such as strategic collaborations and mergers & acquisitions with technology partners to improve their offerings and market reach in the music streaming market.
  • Major players are also focusing on adopting alternate distribution channels such as online sales channels to further strengthen their market presence globally. Majority of these companies are headquartered in North America and Europe. Some other key developments in the global music streaming market are highlighted below:
    • In July 2020, Spotify launched its services in Russia and 12 more European countries - Albania, Belarus, Bosnia & Herzegovina, Croatia, Kazakhstan, Kosovo, Moldova, Montenegro, North Macedonia, Serbia, Slovenia, and Ukraine
    • In January 2020, Amazon added “ultra high definition” and “high definition” options to its music-streaming service, taking hi-fi music streaming into the mass market. The new service is available in the U.K., the U.S., Japan, and Germany, and is priced at US$ 12.99 a month for Amazon Prime members and US$ 14.99 a month for non-Prime users. This, in turn, is estimated to provide significant opportunities for the music streaming market. 
    • In 2019, Spotify added 40,000 tracks through an AI tool in order to generate endless streams of music to its users
  • In the global music streaming market report, we have discussed individual strategies, followed by company profiles of providers of music streaming. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global music streaming market.

Music Streaming Market – Segmentation

TMR’s research study assesses the music streaming market on the basis of streaming platform, content type, revenue channel, and region. The report presents extensive market dynamics and progressive trends associated with different segments, and how they influence the growth prospects of the music streaming market.

Streaming Platform
  • Application-based
  • Web-based
Content Type
  • Audio
  • Video
Revenue Channel
  • Advertisement
  • Subscribers (Premium)
Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

    1. Preface

        1.1. Market Introduction

        1.2. Market Segmentation

        1.3. Key Research Objectives

    2. Assumptions and Research Methodology

        2.1. Research Methodology

            2.1.1. List of Primary and Secondary Sources

        2.2. Key Assumptions for Data Modelling 

    3. Executive Summary - Global Music Streaming Market 

    4. Market Overview

        4.1. Market Introduction 

        4.2. Technology  Roadmap

        4.3. Market Factor Analysis

            4.3.1. Forecast Factors

            4.3.2. Ecosystem/ Value Chain Analysis 

            4.3.3. Market Dynamics (Growth Influencers)

                4.3.3.1. Drivers

                4.3.3.2. Restraints

                4.3.3.3. Opportunities

                4.3.3.4. Impact Analysis of Drivers and Restraints

        4.4. Analysis of Live and On-demand Streaming

        4.5. Overview of Paid Vs Free Subscriber

        4.6. Overview of Top Music Streaming Service Providers

        4.7. Market Opportunity Assessment – by Region (North America/ Europe/ Asia Pacific/ Middle East & Africa/ South America)

            4.7.1. By Streaming Platform 

            4.7.2. By Content Type

            4.7.3. By Revenue Channel

        4.8. COVID-19 Impact Analysis

            4.8.1. End-user Sentiment Analysis: Comparative Analysis on Spending

                4.8.1.1. Increase in Spending

                4.8.1.2. Decrease in Spending

            4.8.2. Short Term and Long Term Impact on the Market

    5. Global Music Streaming Market Analysis and Forecast

        5.1. Market Revenue Analysis (US$ Mn), 2015-2030

            5.1.1. Historic Growth Trends, 2015-2019

            5.1.2. Forecast Trends, 2020-2030

        5.2. Pricing Model Analysis

        5.3. Cost Analysis

    6. Global Music Streaming Market Analysis, by Streaming Platform

        6.1. Key Segment Analysis

        6.2. Music Streaming Market Size (US$ Mn) Forecast, by Streaming Platform, 2018 - 2030

            6.2.1. Application based

            6.2.2. Web based

    7. Global Music Streaming Market Analysis, by Content Type

        7.1. Key Segment Analysis

        7.2. Music Streaming Market Size (US$ Mn) Forecast, by Content Type, 2018 - 2030

            7.2.1. Audio

            7.2.2. Video

    8. Global Music Streaming Market Analysis, by Revenue Channel

        8.1. Key Segment Analysis

        8.2. Music Streaming Market Size (US$ Mn) Forecast, by Revenue Channel, 2018 - 2030

            8.2.1. Advertisement

            8.2.2. Subscribers (Premium)

    9. Global Music Streaming Market Analysis and Forecast, By Region

        9.1. Key Findings

        9.2. Music Streaming Market Size (US$ Mn) Forecast, by Region, 2018 - 2030

            9.2.1. North America

            9.2.2. Europe

            9.2.3. Asia Pacific

            9.2.4. Middle East & Africa

            9.2.5. South America

    10. North America Music Streaming Market Analysis

        10.1. Regional Outlook

        10.2. Music Streaming Market Size (US$ Mn) Analysis and Forecast (2018 - 2030)

            10.2.1. By Streaming Platform

            10.2.2. By Content Type

            10.2.3. By Revenue Channel

        10.3. Music Streaming Market Size (US$ Mn) Forecast, by Country, 2018 - 2030

            10.3.1. U.S.

            10.3.2. Canada

            10.3.3. Mexico

    11. Europe Music Streaming Market Analysis and Forecast

        11.1. Regional Outlook

        11.2. Music Streaming Market Size (US$ Mn) Analysis and Forecast (2018 - 2030)

            11.2.1. By Streaming Platform

            11.2.2. By Content Type

            11.2.3. By Revenue Channel

        11.3. Music Streaming Market Size (US$ Mn) Forecast, by Country & Sub-region, 2018 - 2030

            11.3.1. Germany

            11.3.2. U.K.

            11.3.3. France

            11.3.4. Spain

            11.3.5. Italy

            11.3.6. Rest of Europe

    12. APAC Music Streaming Market Analysis and Forecast

        12.1. Regional Outlook

        12.2. Music Streaming Market Size (US$ Mn) Analysis and Forecast (2018 - 2030)

            12.2.1. By Streaming Platform

            12.2.2. By Content Type

            12.2.3. By Revenue Channel

        12.3. Music Streaming Market Size (US$ Mn) Forecast, by Country & Sub-region, 2018 - 2030

            12.3.1. China

            12.3.2. India

            12.3.3. Japan

            12.3.4. South Korea 

            12.3.5. ASEAN

            12.3.6. Rest of Asia Pacific

    13. Middle East & Africa (MEA) Music Streaming Market Analysis and Forecast

        13.1. Regional Outlook

        13.2. Music Streaming Market Size (US$ Mn) Analysis and Forecast (2018 - 2030)

            13.2.1. By Streaming Platform

            13.2.2. By Content Type

            13.2.3. By Revenue Channel

        13.3. Music Streaming Market Size (US$ Mn) Forecast, by Country & Sub-region, 2018 - 2030

            13.3.1. Saudi Arabia

            13.3.2. The United Arab Emirates

            13.3.3. South Africa

            13.3.4. Rest of Middle East & Africa (MEA)

    14. South America Music Streaming Market Analysis and Forecast

        14.1. Regional Outlook

        14.2. Music Streaming Market Size (US$ Mn) Analysis and Forecast (2018 - 2030)

            14.2.1. By Streaming Platform

            14.2.2. By Content Type

            14.2.3. By Revenue Channel

        14.3. Music Streaming Market Size (US$ Mn) Forecast, by Country & Sub-region, 2018 - 2030

            14.3.1. Brazil

            14.3.2. Argentina

            14.3.3. Rest of South America

    15. Competition Landscape

        15.1. Market Competition Matrix, by Leading Players

        15.2. Strategies

        15.3. Vendor Mapping, by Leading Players

        15.4. Market Revenue Share Analysis (%), by Leading Players (2019)

    16. Company Profiles

        16.1. Amazon.com, Inc. (Amazon Prime Music)

            16.1.1. Business Overview

            16.1.2. Product Portfolio

            16.1.3. Geographical Footprint

            16.1.4. Revenue and Strategy 

        16.2. Apple Inc. ( Apple Music)

            16.2.1. Business Overview

            16.2.2. Product Portfolio

            16.2.3. Geographical Footprint

            16.2.4. Revenue and Strategy 

        16.3. Aspiro AB (Tidal)

            16.3.1. Business Overview

            16.3.2. Product Portfolio

            16.3.3. Geographical Footprint

            16.3.4. Revenue and Strategy 

        16.4. Deezer

            16.4.1. Business Overview

            16.4.2. Product Portfolio

            16.4.3. Geographical Footprint

            16.4.4. Revenue and Strategy 

        16.5. Gamma Gaana Limited (Ganna.com)

            16.5.1. Business Overview

            16.5.2. Product Portfolio

            16.5.3. Geographical Footprint

            16.5.4. Revenue and Strategy 

        16.6. Google LLC (You Tube)

            16.6.1. Business Overview

            16.6.2. Product Portfolio

            16.6.3. Geographical Footprint

            16.6.4. Revenue and Strategy 

        16.7. Idagio

            16.7.1. Business Overview

            16.7.2. Product Portfolio

            16.7.3. Geographical Footprint

            16.7.4. Revenue and Strategy 

        16.8. iHeartMedia, Inc. (iHeartRadio)

            16.8.1. Business Overview

            16.8.2. Product Portfolio

            16.8.3. Geographical Footprint

            16.8.4. Revenue and Strategy 

        16.9. LiveXLive

            16.9.1. Business Overview

            16.9.2. Product Portfolio

            16.9.3. Geographical Footprint

            16.9.4. Revenue and Strategy 

        16.10. Microsoft Corporation

            16.10.1. Business Overview

            16.10.2. Product Portfolio

            16.10.3. Geographical Footprint

            16.10.4. Revenue and Strategy 

        16.11. Pandora Media, Inc.

            16.11.1. Business Overview

            16.11.2. Product Portfolio

            16.11.3. Geographical Footprint

            16.11.4. Revenue and Strategy 

        16.12. QTRAX

            16.12.1. Business Overview

            16.12.2. Product Portfolio

            16.12.3. Geographical Footprint

            16.12.4. Revenue and Strategy 

        16.13. Saavn Media Pvt Ltd. ( JioSaavn)

            16.13.1. Business Overview

            16.13.2. Product Portfolio

            16.13.3. Geographical Footprint

            16.13.4. Revenue and Strategy 

        16.14. Samsung Electronics Co. Ltd.

            16.14.1. Business Overview

            16.14.2. Product Portfolio

            16.14.3. Geographical Footprint

            16.14.4. Revenue and Strategy 

        16.15. Sirius XM Holdings Inc.

            16.15.1. Business Overview

            16.15.2. Product Portfolio

            16.15.3. Geographical Footprint

            16.15.4. Revenue and Strategy 

        16.16. Sony Corporation (Sony Music) 

            16.16.1. Business Overview

            16.16.2. Product Portfolio

            16.16.3. Geographical Footprint

            16.16.4. Revenue and Strategy 

        16.17. SoundCloud

            16.17.1. Business Overview

            16.17.2. Product Portfolio

            16.17.3. Geographical Footprint

            16.17.4. Revenue and Strategy 

        16.18. Spotify Technology S.A. (Spotify)

            16.18.1. Business Overview

            16.18.2. Product Portfolio

            16.18.3. Geographical Footprint

            16.18.4. Revenue and Strategy 

        16.19. Tencent Music Entertainment Group

            16.19.1. Business Overview

            16.19.2. Product Portfolio

            16.19.3. Geographical Footprint

            16.19.4. Revenue and Strategy 

        16.20. TuneIn, Inc. 

            16.20.1. Business Overview

            16.20.2. Product Portfolio

            16.20.3. Geographical Footprint

            16.20.4. Revenue and Strategy 

    17. Key Takeaways

    List of Tables

    Table 1: Acronyms Used in Music Streaming Market

    Table 2: North America Music Streaming Market Revenue Analysis, by Country, 2020 - 2030 (US$ Mn)

    Table 3: Europe Music Streaming Market Revenue Analysis, by Country, 2020 - 2030 (US$ Mn)

    Table 4: Asia Pacific Music Streaming Market Revenue Analysis, by Country, 2020 - 2030 (US$ Mn)

    Table 5: Middle East & Africa Music Streaming Market Revenue Analysis, by Country, 2020 and 2030 (US$ Mn)

    Table 6: South America Music Streaming Market Revenue Analysis, by Country, 2020 - 2030 (US$ Mn)

    Table 7: Forecast Factors: Relevance and Impact (1/2)

    Table 8: Forecast Factors: Relevance and Impact (2/2)

    Table 9: Overview of Mobile Industry

    Table 10: Region-wise Mobile Contribution to GDP

    Table 11: Worldwide Internet Users

    Table 12: Pricing Analysis of Mobile Music Streaming

    Table 13: Average Cost of Developing a Mobile Application

    Table 14: Global Music Streaming Market Value (US$ Mn) Forecast, by Streaming Platform, 2018 – 2030

    Table 15: Global Music Streaming Market Value (US$ Mn) Forecast, by Content Type, 2018 - 2030

    Table 16: Global Music Streaming Market Value (US$ Mn) Forecast, by Revenue Channel, 2018 - 2030

    Table 17: Leading Regional Player in North America 

    Table 18: Leading Regional Player in Europe 

    Table 19: Leading Regional Player in Asia Pacific 

    Table 20: Leading Regional Player in MEA

    Table 21: Leading Regional Player in South America 

    Table 22: Global Music Streaming Market Volume (US$ Mn) Forecast, by Region, 2018 - 2030

    Table 23: North America Music Streaming Market Value (US$ Mn) Forecast, by Streaming Platform, 2018 – 2030

    Table 24: North America Music Streaming Market Value (US$ Mn) Forecast, by Content Type, 2018 - 2030

    Table 25: North America Music Streaming Market Value (US$ Mn) Forecast, by Revenue Channel, 2018 - 2030

    Table 26: North America Music Streaming Market Value (US$ Mn) Forecast, by Country, 2018 - 2030

    Table 27: U.S. Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 28: Canada Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 29: Mexico Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 30: Europe Music Streaming Market Value (US$ Mn) Forecast, by Streaming Platform, 2018 – 2030

    Table 31: Europe Music Streaming Market Value (US$ Mn) Forecast, by Content Type, 2018 - 2030

    Table 32: Europe Music Streaming Market Value (US$ Mn) Forecast, by Revenue Channel, 2018 - 2030

    Table 33: Europe Music Streaming Market Value (US$ Mn) Forecast, by Country, 2018 - 2030

    Table 34: Germany Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 35: U.K. Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 36: France Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 37: Spain Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 38: Italy Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 39: Asia Pacific Music Streaming Market Value (US$ Mn) Forecast, by Streaming Platform, 2018 – 2030

    Table 40: Asia Pacific Music Streaming Market Value (US$ Mn) Forecast, by Content Type, 2018 - 2030

    Table 41: Asia Pacific Music Streaming Market Value (US$ Mn) Forecast, by Revenue Channel, 2018 - 2030

    Table 42: Asia Pacific Music Streaming Market Value (US$ Mn) Forecast, by Country, 2018 - 2030

    Table 43: China Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 44: India Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 45: Japan Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 46: South Korea Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 47: ASEAN Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 48: Middle East & Africa Music Streaming Market Value (US$ Mn) Forecast, by Streaming Platform, 2018 – 2030

    Table 49: Middle East & Africa Music Streaming Market Value (US$ Mn) Forecast, by Content Type, 2018 - 2030

    Table 50: Middle East & Africa Music Streaming Market Value (US$ Mn) Forecast, by Revenue Channel, 2018 - 2030

    Table 51: Middle East & Africa Music Streaming Market Value (US$ Mn) Forecast, by Country, 2018 - 2030

     Table 52: Saudi Arabia Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 53: The United Arab Emirates Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 54: South Africa Emirates Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 55: South America Music Streaming Market Value (US$ Mn) Forecast, by Streaming Platform, 2018 – 2030

    Table 56: South America Music Streaming Market Value (US$ Mn) Forecast, by Content Type, 2018 - 2030

    Table 57: South America Music Streaming Market Value (US$ Mn) Forecast, by Revenue Channel, 2018 - 2030

    Table 58: South America Music Streaming Market Value (US$ Mn) Forecast, by Country, 2018 - 2030

    Table 59: Brazil Emirates Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 60: Argentina Music Streaming Revenue CAGR Breakdown (%), by Growth Term

    Table 61: Vendor Mapping, by Leading Players (Music Streaming Market)

    List of Figures

    Figure 1: Global Music Streaming Market Size (US$ Mn) Forecast, 2018–2030

    Figure 2: Global Music Streaming Market Revenue (US$ Mn) Opportunity Assessment, by Region, 2020E

    Figure 3: Top Segment Analysis of Music Streaming Market

    Figure 4: Global Music Streaming Market Revenue (US$ Mn) Opportunity Assessment, by Region, 2030F

    Figure 5: Global % of Paid vs Free Accounts 

    Figure 6: Global Top Players Paid vs Free Subscribers (Million) 

    Figure 7: Overview of Top Music Streaming Service Providers and their Total Subscribers in 2019 

    Figure 8: Global Music Streaming Market Attractiveness Assessment, by Streaming Platform 

    Figure 9: Global Music Streaming Market Attractiveness Assessment, by Content Type

    Figure 10: Global Music Streaming Market Attractiveness Assessment, by Revenue Channel

    Figure 11: Global Music Streaming Market Attractiveness Assessment, by Region

    Figure 12: Music Streaming Accounts for Higher Share of Consumer Time during COVID-19

    Figure 13: Global Music Streaming Market Historic Growth Trends (US$ Mn), 2015 – 2019

    Figure 14: Global Music Streaming Market Revenue Opportunity (US$ Mn) Historic Trends, 2015 - 2019

    Figure 15: Global Music Streaming Market Value Share Analysis, by Streaming Platform, 2020

    Figure 16: Global Music Streaming Market Value Share Analysis, by Streaming Platform, 2030

    Figure 17: Global Music Streaming Market Absolute Opportunity (US$ Mn), by Application based, 2020 – 2030

    Figure 18: Global Music Streaming Market Absolute Opportunity (US$ Mn), by Web based, 2020 – 2030

    Figure 19: Global Music Streaming Market Value Share Analysis, by Content Type, 2020

    Figure 20: Global Music Streaming Market Value Share Analysis, by Content Type, 2030

    Figure 21: Global Music Streaming Market Absolute Opportunity (US$ Mn), by Audio, 2020 – 2030

    Figure 22: Global Music Streaming Market Absolute Opportunity (US$ Mn), by Video, 2020 – 2030

    Figure 23: Global Music Streaming Market Value Share Analysis, by Revenue Channel, 2020

    Figure 24: Global Music Streaming Market Value Share Analysis, by Revenue Channel, 2030

    Figure 25: Global Music Streaming Market Absolute Opportunity (US$ Mn), by Advertisement, 2020 – 2030

    Figure 26: Global Music Streaming Market Absolute Opportunity (US$ Mn), by Subscribers (Premium), 2020 – 2030

    Figure 27: North America Opportunity Share (%), 2020-2030

    Figure 28: Europe Opportunity Share (%), 2020-2030

    Figure 29: Asia Pacific Opportunity Share (%), 2020-2030

    Figure 30: Middle East & Africa Opportunity Share (%), 2020-2030

    Figure 31: South America Opportunity Share (%), 2020-2030

    Figure 32: Global Music Streaming Market Value Share Analysis, by Region, 2020

    Figure 33: Global Music Streaming Market Value Share Analysis, by Region, 2030

    Figure 34: North America Music Streaming Market Absolute Opportunity (US$ Mn), 2020 – 2030

    Figure 35: Europe Music Streaming Market Absolute Opportunity (US$ Mn), 2020 – 2030

    Figure 36: Asia Pacific Music Streaming Market Absolute Opportunity (US$ Mn), 2020 – 2030

    Figure 37: Middle East & Africa Music Streaming Market Absolute Opportunity (US$ Mn), 2020 – 2030

    Figure 38: South America Music Streaming Market Absolute Opportunity (US$ Mn), 2020 – 2030

    Figure 39: North America Music Streaming Market Revenue Opportunity Share, by Content Type 

    Figure 40: North America Music Streaming Market Revenue Opportunity Share, by Revenue Channel 

    Figure 41: North America Music Streaming Market Revenue Opportunity Share, by Streaming Platform 

    Figure 42: North America Music Streaming Market Value Share Analysis, by Streaming Platform, 2020

    Figure 43: North America Music Streaming Market Value Share Analysis, by Streaming Platform, 2030

    Figure 44: North America Music Streaming Market Absolute Opportunity (US$ Mn), by Application based, 2020 – 2030

    Figure 45: North America Music Streaming Market Absolute Opportunity (US$ Mn), by Web based, 2020 – 2030

    Figure 46: North America Music Streaming Market Value Share Analysis, by Content Type, 2020

    Figure 47: North America Music Streaming Market Value Share Analysis, by Content Type, 2030

    Figure 48: North America Music Streaming Market Absolute Opportunity (US$ Mn), by Audio, 2020 – 2030

    Figure 49: North America Music Streaming Market Absolute Opportunity (US$ Mn), by Video, 2020 – 2030

    Figure 50: North America Music Streaming Market Value Share Analysis, by Revenue Channel, 2020

    Figure 51: North America Music Streaming Market Value Share Analysis, by Revenue Channel, 2030

    Figure 52: North America Music Streaming Market Absolute Opportunity (US$ Mn), by Advertisement, 2020 – 2030

    Figure 53: North America Music Streaming Market Absolute Opportunity (US$ Mn), by Subscribers (Premium), 2020 – 2030

    Figure 54: North America Music Streaming Market Value Share Analysis, by Country, 2020

    Figure 55: North America Music Streaming Market Value Share Analysis, by Country, 2030

    Figure 56: U.S. Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 57: Canada Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 58: Mexico Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 59: Europe Music Streaming Market Revenue Opportunity Share, by Content Type 

    Figure 60: Europe Music Streaming Market Revenue Opportunity Share, by Revenue Channel 

    Figure 61: Europe Music Streaming Market Revenue Opportunity Share, by Streaming Platform 

    Figure 62: Europe Music Streaming Market Value Share Analysis, by Streaming Platform, 2020

    Figure 63: Europe Music Streaming Market Value Share Analysis, by Streaming Platform, 2030

    Figure 64: Europe Music Streaming Market Absolute Opportunity (US$ Mn), by Application based, 2020 – 2030

    Figure 65: Europe Music Streaming Market Absolute Opportunity (US$ Mn), by Web based, 2020 – 2030

    Figure 66: Europe Music Streaming Market Value Share Analysis, by Content Type, 2020

    Figure 67: Europe Music Streaming Market Value Share Analysis, by Content Type, 2030

    Figure 68: Europe Music Streaming Market Absolute Opportunity (US$ Mn), by Audio, 2020 – 2030

    Figure 69: Europe Music Streaming Market Absolute Opportunity (US$ Mn), by Video, 2020 – 2030

    Figure 70: Europe Music Streaming Market Value Share Analysis, by Revenue Channel, 2020

    Figure 71: Europe Music Streaming Market Value Share Analysis, by Revenue Channel, 2030

    Figure 72: Europe Music Streaming Market Absolute Opportunity (US$ Mn), by Advertisement, 2020 – 2030

    Figure 73: Europe Music Streaming Market Absolute Opportunity (US$ Mn), by Subscribers (Premium), 2020 – 2030

    Figure 74: Europe Music Streaming Market Value Share Analysis, by Country, 2020

    Figure 75: Europe Music Streaming Market Value Share Analysis, by Country, 2030

    Figure 76: Germany Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 77: U.K. Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 78: France Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 79: Spain Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 80: Italy Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 81: Asia Pacific Music Streaming Market Revenue Opportunity Share, by Content Type 

    Figure 82:Asia Pacific Music Streaming Market Revenue Opportunity Share, by Revenue Channel 

    Figure 83:Asia Pacific Music Streaming Market Revenue Opportunity Share, by Streaming Platform 

    Figure 84: Asia Pacific Music Streaming Market Value Share Analysis, by Streaming Platform, 2020

    Figure 85: Asia Pacific Music Streaming Market Value Share Analysis, by Streaming Platform, 2030

    Figure 86: Asia Pacific Music Streaming Market Absolute Opportunity (US$ Mn), by Application based, 2020 – 2030

    Figure 87: Asia Pacific Music Streaming Market Absolute Opportunity (US$ Mn), by Web based, 2020 – 2030

    Figure 88: Asia Pacific Music Streaming Market Value Share Analysis, by Content Type, 2020

    Figure 89: Asia Pacific Music Streaming Market Value Share Analysis, by Content Type, 2030

    Figure 90: Asia Pacific Music Streaming Market Absolute Opportunity (US$ Mn), by Audio, 2020 – 2030

    Figure 91: Asia Pacific Music Streaming Market Absolute Opportunity (US$ Mn), by Video, 2020 – 2030

    Figure 92: Asia Pacific Music Streaming Market Value Share Analysis, by Revenue Channel, 2020

    Figure 93: Asia Pacific Music Streaming Market Value Share Analysis, by Revenue Channel, 2030

    Figure 94: Asia Pacific Music Streaming Market Absolute Opportunity (US$ Mn), by Advertisement, 2020 – 2030

    Figure 95: Asia Pacific Music Streaming Market Absolute Opportunity (US$ Mn), by Subscribers (Premium), 2020 – 2030

    Figure 96: Asia Pacific Music Streaming Market Value Share Analysis, by Country, 2020

    Figure 97: Asia Pacific Music Streaming Market Value Share Analysis, by Country, 2030

    Figure 98: China Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 99: India Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 100: Japan Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 101:South Korea Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 102: ASEAN Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 103: Middle East & Africa Music Streaming Market Revenue Opportunity Share, by Content Type 

    Figure 104: Middle East & Africa Music Streaming Market Revenue Opportunity Share, by Revenue Channel 

    Figure 105: Middle East & Africa Music Streaming Market Revenue Opportunity Share, by Streaming Platform 

    Figure 106: Middle East & Africa Music Streaming Market Value Share Analysis, by Streaming Platform, 2020

    Figure 107: Middle East & Africa Music Streaming Market Value Share Analysis, by Streaming Platform, 2030

    Figure 108: Middle East & Africa Music Streaming Market Absolute Opportunity (US$ Mn), by Application based, 2020 – 2030

    Figure 109: Middle East & Africa Music Streaming Market Absolute Opportunity (US$ Mn), by Web based, 2020 – 2030

    Figure 110: Middle East & Africa Music Streaming Market Value Share Analysis, by Content Type, 2020

    Figure 111: Middle East & Africa Music Streaming Market Value Share Analysis, by Content Type, 2030

    Figure 112: Middle East & Africa Music Streaming Market Absolute Opportunity (US$ Mn), by Audio, 2020 – 2030

    Figure 113: Middle East & Africa Music Streaming Market Absolute Opportunity (US$ Mn), by Video, 2020 – 2030

    Figure 114: Middle East & Africa Music Streaming Market Value Share Analysis, by Revenue Channel, 2020

    Figure 115: Middle East & Africa Music Streaming Market Value Share Analysis, by Revenue Channel, 2030

    Figure 116: Middle East & Africa Music Streaming Market Absolute Opportunity (US$ Mn), by Advertisement, 2020 – 2030

    Figure 117: Middle East & Africa Music Streaming Market Absolute Opportunity (US$ Mn), by Subscribers (Premium), 2020 – 2030

    Figure 118: Middle East & Africa Music Streaming Market Value Share Analysis, by Country, 2020

    Figure 119: Middle East & Africa Music Streaming Market Value Share Analysis, by Country, 2030

    Figure 120: Saudi Arabia Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 121: The United Arab Emirates Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 122: South Africa Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 123: South America Music Streaming Market Revenue Opportunity Share, by Content Type 

    Figure 124: South America Music Streaming Market Revenue Opportunity Share, by Revenue Channel 

    Figure 125: South America Music Streaming Market Revenue Opportunity Share, by Streaming Platform 

    Figure 126: South America Music Streaming Market Value Share Analysis, by Streaming Platform, 2020

    Figure 127: South America Music Streaming Market Value Share Analysis, by Streaming Platform, 2030

    Figure 128: South America Music Streaming Market Absolute Opportunity (US$ Mn), by Application based, 2020 – 2030

    Figure 129: South America Music Streaming Market Absolute Opportunity (US$ Mn), by Web based, 2020 – 2030

    Figure 130: South America Music Streaming Market Value Share Analysis, by Content Type, 2020

    Figure 131: South America Music Streaming Market Value Share Analysis, by Content Type, 2030

    Figure 132: South America Music Streaming Market Absolute Opportunity (US$ Mn), by Audio, 2020 – 2030

    Figure 133: South America Music Streaming Market Absolute Opportunity (US$ Mn), by Video, 2020 – 2030

    Figure 134: South America Music Streaming Market Value Share Analysis, by Revenue Channel, 2020

    Figure 135: South America Music Streaming Market Value Share Analysis, by Revenue Channel, 2030

    Figure 136: South America Music Streaming Market Absolute Opportunity (US$ Mn), by Advertisement, 2020 – 2030

    Figure 137: South America Music Streaming Market Absolute Opportunity (US$ Mn), by Subscribers (Premium), 2020 – 2030

    Figure 138: South America Music Streaming Market Value Share Analysis, by Country, 2020

    Figure 139: South America Music Streaming Market Value Share Analysis, by Country, 2030

    Figure 140: Brazil Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030 

    Figure 141: Argentina Music Streaming Market Opportunity Growth Analysis (US$ Mn) Forecast, 2020 – 2030

    Figure 142: Global Music Streaming Market Revenue Share Analysis, by Company, 2019

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Music Streaming Market

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