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Global Music Streaming Service Market to grow at 12.57% CAGR to 2019

 



(IT-NEWSWIRE.COM, May 12, 2015 ) Dallas, TX -- Global Music Streaming Service Market 2015-2019 is the latest addition to RnRMarketResearch.com market research reports collection. The report is about 26 lists of exhibits and 76 pages published in May-2015.



The analysts forecast global music streaming service market to grow at a CAGR of 12.57% over the period 2014-2019. Streamed music refers to a service that enables users to stream and listen to music/songs using a device connected to the Internet. Service providers purchase digital rights from music recording companies and based on the subscription type, users can access tracks listed on the service provider’s application and website. Many service providers offer online radio streaming services. The user can also download music and playlists directly to their devices for offline listening on the go without using the Internet.



According to the report, increased integration of streaming applications with social media platforms such as Facebook has increased music subscriptions significantly. For instance, the collaboration between Spotify and Facebook allows new Spotify users to access the application via Facebook and share custom playlists with their friends. Spotify's freemium business model is aimed at encouraging free users to migrate to premium paid services while ensuring their sustainability, helping the market gain momentum.



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key players in Global Music Streaming Service Market 2015-2019: Apple Inc., Deezer, iHeart Media Inc., Pandora Media Inc., Rdio Inc., Spotify Ltd. and Google Inc.

Other Prominent Vendors in the market are: CBS, Clear Channel Radio, Gaana.com, Grooveshark, Guvera, Hungama, JB Hi-Fi, Line, Microsoft, Mixcloud, News, RadioTime, Rara, Rhaposody, Saavn, Samsung Music Hub, Slacker and SoundCloud.



This report covers the present scenario and growth prospects of the global music streaming service market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the streaming music services. This includes both ad-based and ad-free services. The report consolidates the revenues generated from the following devices:

• Smartphones/tablets

• PCs/laptops



The report, Global Music Streaming Service Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.



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Market Driver - Increase in the number of subscription services

Market Challenge - Issues with data security

Market Trend - Increase in number of M&A



List Of Exhibits

Exhibit 1: Market Research Methodology

Exhibit 2: Types of Digital Music

Exhibit 3: Global Music streaming service Market 2014-2019 ($ billions)

Exhibit 4: Global Music Streaming Service Market by Device 2014-2019

Exhibit 5: Segmentation of Global Music Streaming Service Market by Geography 2014 and 2019

Exhibit 6: US GDP Growth Rate 2008-2014 ($ billions)

Exhibit 7: US GDP per Capita 2008-2013 ($)

Exhibit 8: US Population 2008-2013 (millions)

Exhibit 9: US Population by Age Structure 2013 (millions)

Exhibit 10: Global Smartphone and Tablet Penetration 2013-2018 (% of Global Population)

Exhibit 11: Global Internet Penetration 2014

Exhibit 12: Share of Leading Countries by Internet Usage in 2014

Exhibit 13: Share of Smartphone Users for Streamed Music

Exhibit 14: Product Segmentation of Apple by Revenue 2013

Exhibit 15: Product Segmentation of Apple by Revenue 2012 and 2013 ($ billions)

Exhibit 16: Geographical Segmentation of Apple by Revenue 2013

Exhibit 17: Deezer: Key Applications

Exhibit 18: Deezer: Geographical Segmentation

Exhibit 19: Google: Business Segmentation by Revenue 2013

Exhibit 20: Google: Business Segmentation by Revenue 2012 and 2013 ($ millions)

Exhibit 21: Google: Geographical Segmentation by Revenue 2013

Exhibit 22: iHeartMedia: Business Segmentation by Revenue 2013

Exhibit 23: iHeartMedia: Business Segmentation by Revenue 2012 and 2013 ($ millions)

Exhibit 24: Pandora Media: Revenue Segmentation 2013

Exhibit 25: Pandora Media: Revenue Segmentation 2012 and 2013 ($ millions)

Exhibit 26: Spotify: Geographical Presence



Key questions answered in this report

• What will the market size be in 2019 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors?



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About Us:

RnRMarketResearch.com is an online database of market research reports offer in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries.



RnR Market Research

Ritesh Tiwari

+ 1 888 391 5441

sales@rnrmarketresearch.com

Source: EmailWire.Com

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