Report cover image

Online Music Streaming in the United Kingdom

Publisher MarketLine
Published Jun 14, 2024
Length 44 Pages
SKU # MTLN19647949

Description

Online Music Streaming in the United Kingdom

Summary

Online Music Streaming in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The online music streaming market includes the revenue generated from the streaming of music online. This revenue is primarily generated from two sources: subscription services and ad-supported streams.
  • The UK online music streaming market recorded revenues of $2,320.4 million in 2023, representing a compound annual growth rate (CAGR) of 18.3% between 2018 and 2023.
  • The subscription services segment accounted for the market's largest proportion in 2023, with total revenues of $1,998.2 million, equivalent to 86.1% of the market's overall value.
  • The UK held a 48.3% market share in the European online music streaming market in 2023.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the online music streaming market in the United Kingdom
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the online music streaming market in the United Kingdom
  • Leading company profiles reveal details of key online music streaming market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom online music streaming market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the United Kingdom online music streaming market by value in 2023?
  • What will be the size of the United Kingdom online music streaming market in 2028?
  • What factors are affecting the strength of competition in the United Kingdom online music streaming market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the United Kingdom's online music streaming market?

Table of Contents

44 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What strategies do the leading players follow?
7.4. What are the recent developments in the market?
8 Company Profiles
8.1. Spotify AB
8.2. YouTube LLC
8.3. Apple Inc
8.4. Amazon.com, Inc.
8.5. SoundCloud Limited
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: United Kingdom online music streaming market value: $ million, 2018-23
Table 2: United Kingdom online music streaming market category segmentation: % share, by value, 2018-23
Table 3: United Kingdom online music streaming market category segmentation: $ million, 2018-23
Table 4: United Kingdom online music streaming market geography segmentation: $ million, 2023
Table 5: United Kingdom online music streaming market value forecast: $ million, 2023-28
Table 6: Spotify AB: Key Facts
Table 7: Spotify AB: Key Employees
Table 8: YouTube LLC: Key Facts
Table 9: YouTube LLC: Key Employees
Table 10: Apple Inc: Key Facts
Table 11: Apple Inc: Annual Financial Ratios
Table 12: Apple Inc: Key Employees
Table 13: Amazon.com, Inc.: Key Facts
Table 14: Amazon.com, Inc.: Annual Financial Ratios
Table 15: Amazon.com, Inc.: Key Employees
Table 16: SoundCloud Limited: Key Facts
Table 17: United Kingdom Size of Population (million), 2019-23
Table 18: United Kingdom Real GDP (Constant 2010 Prices, $ Billion), 2019-23
Table 19: United Kingdom GDP (Current Prices, $ Billion), 2019-23
Table 20: United Kingdom Inflation, 2019-23
Table 21: United Kingdom Consumer Price Index (Absolute), 2019-23
Table 22: United Kingdom Exchange Rate, 2018-23
List of Figures
Figure 1: United Kingdom online music streaming market value: $ million, 2018-23
Figure 2: United Kingdom online music streaming market category segmentation: $ million, 2018-23
Figure 3: United Kingdom online music streaming market geography segmentation: % share, by value, 2023
Figure 4: United Kingdom online music streaming market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the online music streaming market in the United Kingdom, 2023
Figure 6: Drivers of buyer power in the online music streaming market in the United Kingdom, 2023
Figure 7: Drivers of supplier power in the online music streaming market in the United Kingdom, 2023
Figure 8: Factors influencing the likelihood of new entrants in the online music streaming market in the United Kingdom, 2023
Figure 9: Factors influencing the threat of substitutes in the online music streaming market in the United Kingdom, 2023
Figure 10: Drivers of degree of rivalry in the online music streaming market in the United Kingdom, 2023

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us