Stratview Research has published a new report titled ‘Music Streaming Market’ to its database. It has segmented the market By Platform (Apps, Browsers), By Content Type (Audio, Video), By End-Use (Individual, Commercial) and by Region (North America [The USA, Canada, and Mexico], Europe, and Rest of the World [Brazil, Saudi Arabia, and Others]).

Market Segments' Analysis

The market researchers have studied the Music Streaming Market minutely for better understanding. The report consists of segment-wise details to assist the users in making suitable decisions for better growth opportunities. Below is the short piece of information -

Based on the platform type, the market has been classified into app & browsers. Under these, the app segment held a significant market share of more than 84.7% in 2021.

Based on the content type, the market has been classified into audio and video. Under these, the audio segment held a significant market share of more than 59.0% in 2021. Increasing preference of users for multi-tasking, especially listening to songs while commuting to exercising, work, or doing household chores.

Based on the end-use type, the market has been classified into individual & commercial. Under these, the individual segment held a significant market share of more than 60.5% in 2021.

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Key Players of the market:

·         Deezer (France),

·         Gamma Gaana Limited (India),

·         Google LLC (YouTube Music) (US),

·         Idagio (Germany),

·         iHeartMedia, Inc. (iHeartRadio) (US),

·         LiveXLive (US),

·         Microsoft Corporation (US)

The North American market held the highest share of more than 29.0% in 2021 and is projected to grow at a healthy CAGR in the coming years. This is ascribed to large presence of domestic players, fixed broadband speeds & coverage, growing penetration of connected devices, and improved digital payment infrastructure, further bolsters the regional market growth during the review period.

Highlights of the report:

The report also highlights the following segments -

-          The market structure and forecasts for the coming years.

-          Drivers, restraints, opportunities, and current trends of Music Streaming Market.

-          Historical data and forecast.

-          Estimations for the forecast period 2028.

-          Developments and trends in the market.

Our market research experts have studied the MUSIC STREAMING Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-chain, pricing trends, product preferences, consumer patterns & more. The findings are further validated through primary research with industry experts across the globe.

Reasons to Invest in this Report:

-          The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period.

-          Segments include quantitative, qualitative, and value data.

-          Regional, and country level data includes the demand and supply forces along with their influence on the market.

-          The competitive landscape comprises share of key players, new developments, and strategies in the last three years.

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