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The services offer streaming of full-length content via the Internet as a part of their service, without the listener necessarily purchasing a file for download.This type of service is comparable to internet radio. Many of these sites have advertising and offer non-free options in the style of an online music store. For a list of online music stores that provide a means of purchasing and downloading music as files of some sort, see: Comparison of online music stores. Many of both types of sites offer services similar to an online music database.
Scope of the Report:
This report studies the Music Streaming Service market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Music Streaming Service market by product type and applications/end industries.
The rapid growth in streaming music services in recent years has led to a recovery in the fortunes of the global recorded music industry, which enjoyed its third year of positive revenue growth. Industry leaders say that the rise of music streaming is enabling the market to reach new regions of the world, while helping wean a generation of music fans away from free or pirated music.
The global Music Streaming Service market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Music Streaming Service.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
- Apple
- Deezer
- iHeartMedia
- Pandora Media
- Spotify
- Guvera
- Microsoft
- Slacker
- Saavn
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Paid music streaming
- Free music steaming
Market Segment by Applications, can be divided into
- Commercial users
- Individual users