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Global Digital Music Market 2014-2019

Global Digital Music Market 2014-2019

About Digital Music

In digital music, the sound is encoded in digital format. The technology used records, stores, and generates music in digital form. Digital music service allows customers to listen to and download music. High-quality music is made available for purchase, access, and play back by the service provider. In this type of service, the service provider purchases digital rights from music recording companies. The service is provided through a network service, wherein the user pays a subscription fee, pays per download, or accesses the music free of charge from an ad-based streaming model. The user can also download music and playlists directly to a smartphone for offline listening on the go without requiring the use of the internet.

TechNavio's analysts forecast the Global Digital Music market to grow at a CAGR of 14.61 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Digital Music market for the period 2015-2019. To calculate market size, the report considers revenue generated by the services provided by the market vendors. The market calculation, however, does not include online radio streaming services. The report also provides the market size based on user base.

TechNavio's report, Global Digital Music Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, Latin America, and the EMEA and APAC regions; it also covers the Global Digital Music market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

  • APAC
  • EMEA
  • Latin America
  • North America
Key Vendors
  • Amazon.com
  • Apple
  • CBS
  • Deezer
  • EMI Music Publishing
  • Fox Music Publishing
  • Google
  • Hungama Digital Media Entertainment
  • Microsoft
  • Sony
  • Spotify
  • Universal Music Group
Other Prominent Vendors
  • Aspiro
  • Beats Electronics
  • Blinkbox Music
  • Gaana.com
  • Grooveshark
  • Guvera
  • Mixcloud
  • Myspace
  • Rara
  • Rhapsody
  • Saavn
  • Slacke
  • Songl
  • SoundCloud
  • Thumbplay
  • TuneIn Radio
Market Driver
  • Increase in Disposable Income among Consumers
  • For a full, detailed list, view our report
Market Challenge
  • Piracy Concerns
  • For a full, detailed list, view our report
Market Trend
  • Increase in Adoption of Cloud Services in Music Streaming
  • For a full, detailed list, view our report
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?


Press Release

TechNavio Announces the Publication of its Research Report – Global Digital Music Market 2015-2019

TechNavio recognizes the following companies as the key players in the Global Digital Music Market: Amazon.com Inc., Apple Inc., CBS Inc., Deezer, EMI Music Publishing Ltd., Fox Music Publishing, Google Inc., Hungama Digital Media Entertainment Pvt. Ltd., Microsoft Corp., Sony Corp., Spotify Ltd. and Universal Music Group Recordings Inc.

Other Prominent Vendors in the market are: Aspiro, Beats Electronics, Blinkbox Music, Gaana.com, Grooveshark, Guvera, Mixcloud, Myspace, Rara, Rhapsody, Saavn, Slacker Radio, Songl, SoundCloud, Thumbplay and TuneIn Radio.

Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends emerging in the market is an increase in the adoption of cloud services for music streaming. This gives vendors the flexibility of scaling and avoids the need to maintain a physical data server. Also, it gives listeners the flexibility to store their music on the cloud and access it from any connected device.”

According to the report, the growth in disposable incomes, especially in developing countries such as China, is one of the major drivers of this market. With more spending power, people choose leisure and entertainment activities.

Further, the report states that growing piracy of digital music using torrents and illegal downloading websites is a major challenge that the market faces. It has been estimated that one in four internet users is using unapproved modes to access music illegally; half of these utilize peer-to-peer systems, whereas the other half download music through websites, blogs, and stream-ripping applications, among other ways.

Companies Mentioned

Amazon.com , Apple , CBS , Deezer, EMI Music Publishing, Fox Music Publishing, Google , Hungama Digital Media Entertainment, Microsoft , Sony , Spotify , Universal Music Group, Aspir, Beats Electronics, Blinkbox Music, Gaana.com, Grooveshark, Guvera, Mixcloud,Myspace, Rara, Rhapsody, Saavn, Slacke, Songl, SoundCloud, Thumbplay, TuneIn Radio

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Digital Music Ecosystem
    • Table Digital Music Ecosystem
    • Table Types of Digital Music Service Provider
  • Market Landscape
    • Market Overview
      • Table Types of Digital Music Service
    • Market Size and Forecast by Revenue
      • Table Global Digital Music Market 2014-2019 (US$ billion)
    • Market Size and Forecast by User Base
      • Table Global Digital Music Market 2014-2019 (users in billions)
    • Five Forces Analysis
  • Market Segmentation by Type
    • Global Digital Music Market by Type
      • Table Types of Digital Music Service
      • Table Global Digital Music Market by Type 2014 and 2019 (US$ billion)
      • Table Global Digital Music Market by Type 2014 and 2019
      • Download
      • Subscription
      • Streaming
  • Market Segmentation by Platform
    • Global Digital Music Market by Platform
      • Table Digital Music Platforms
      • Table Global Digital Music Market by Platform 2014 and 2019 (US$ billion)
      • Table Global Digital Music Market by Platform 2014 and 2019
      • Smartphones/Tablets
      • PCs/Laptops
      • Others
  • Geographical Segmentation
    • Global Digital Music Market by Geographical Segmentation 2014 and 2019
      • Table Global Digital Music Market by Geographical Segmentation 2014 and 2019 (US$ billion)
      • Table Global Digital Music Market by Geographical Segmentation 2014 and 2019
      • North America
        • Table Digital Music Market in North America
      • APAC Region
        • Table Digital Music Market in APAC Region
      • EMEA Region
        • Table Digital Music Market in EMEA Region
      • Latin America
        • Table Digital Music Market in Latin America
  • Key Leading Countries
    • US
      • Economic Overview
      • Economic Indicators
        • Table US GDP Growth Rate 2008-2013 (US$ billion)
        • Table Contribution of Various Sectors to US GDP 2013
        • Table US GDP per Capita 2008-2013 (US$)
      • Population Growth and Age Structure in US
        • Table US Population 2008-2013 (million)
        • Table US Population by Age Structure 2013 (million)
      • Digital Music Market in US
    • Japan
      • Economic Overview
        • Table Per Capita GDP Growth Rate in Japan 2008-2013 (US$)
      • Inflation in Japan
        • Table CPI Inflation in Japan 2008-2013
      • Digital Music Market in Japan
  • Buying Criteria
  • Market Growth Drivers
    • Table Disposable Income of Leading Countries per Capita 2009-2014 (US$)
    • Table Smartphone Users among Cellphone Users 2014-2019 (percentage, billion users)
    • Table Global Smartphone and Tablet Penetration 2013-2018 (by percentage of global population)
    • Table Global Internet Penetration 2014
    • Table Global Online Advertising Spending 2014-2019 (US$ billion)
    • Table Cellphone Internet Users 2014-2019 (billion)
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
    • Table Global Mobile Ad Spending 2014-2019 (US$ billion)
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Amazon.com
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Amazon.com: Business Segmentation 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Amazon.com: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Amazon.com: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Apple
      • Key Facts
      • Business Overview
      • Product Segmentation by Revenue
        • Table Product Segmentation of Apple by Revenue 2013
        • Table Product Segmentation of Apple by Revenue 2012 and 2013 (US$ billion)
      • Geographical Segmentation by Revenue
        • Table Geographical Segmentation of Apple by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • CBS
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Business Segmentation of CBS by Revenue 2013
      • Business Strategy
      • Key Information
      • SWOT Analysis
    • Deezer
      • Key Facts
      • Business Overview
      • Key Applications
        • Table Deezer: Key Applications
      • Geographical Segmentation
        • Table Deezer: Geographical Segmentation
      • Recent Developments
      • SWOT Analysis
    • EMI Music Publishing
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table EMI Music Publishing: Business Segmentation
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Fox Music Publishing
      • Key Facts
      • Business Overview
      • Clients
        • Table Fox Music Publishing: Clients
      • Business Strategy
      • SWOT Analysis
    • Google
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Google: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Google: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Google: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Hungama Digital Media Entertainment
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table Hungama Digital Media Entertainment: Product Segmentation 2013
      • Key Locations
        • Table Hungama Digital Media Entertainment: Key Locations
      • Recent Developments
      • SWOT Analysis
    • Microsoft
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Microsoft: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Microsoft: Business Segmentation by Revenue 2012 and 2013(US$ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Microsoft: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Sony
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue
        • Table Sony: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue
        • Table Sony: Business Segmentation by Revenue 2013 and 2014 (US$ billion)
      • Geographical Segmentation by Revenue
        • Table Sony: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Spotify
      • Key Facts
      • Business Overview
      • Geographical Segmentation Presence
        • Table Spotify: Geographical Presence
      • SWOT Analysis
    • Universal Music Group
      • Key Facts
      • Business Overview
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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