Asia Pacific Music Streaming Market Forecast to 2027- Covid-19 Impact and Analysis - by Content Type (Audio Streaming, Video Streaming), Streaming Type (Live Streaming, On-demand Streaming), End User (Commercial, Individual), and Country

Asia Pacific Music Streaming Market Forecast to 2027- Covid-19 Impact and Analysis - by Content Type (Audio Streaming, Video Streaming), Streaming Type (Live Streaming, On-demand Streaming), End User (Commercial, Individual), and Country

The music streaming market in the Asia Pacific was valued at US$ 6,963.5 million in 2019 and is projected to reach US$ 13,975.9 million by 2027; it is expected to grow at a CAGR of 8.9% from 2020 to 2027.

The on-demand streaming enables consumers to retrieve large catalog of music online with a minimal subscription fee. There has been an increase in the number of consumers from China purchasing the on-demand streaming subscription of sites such as Apple Music or Spotify. This has resulted in increased premium subscriptions and caused a revenue increase of 27.5%. The promotions and popularity of family plans on digital music platforms such as Spotify, Apple, Alphabet, and Amazon have benefited the consumers.

The availability of in-vehicle infotainment systems in cars and smart speakers in the home arena presents the music streaming providers an opportunity to boost their business. A few of the prominent on-demand music streaming platforms are Google Play Music, Spotify, Apple Music, and Amazon Prime. Companies such as Spotify and Amazon utilize ad-supported services to market their products. Spotify has long succeeded in converting ad-supported listeners to paid subscribers, whereas Amazon Prime subscriptions and Echo devices together. The major market players are adopting various strategies to gain more subscribers. At present, on-demand streaming is one of the most preferred services, as they use network infrastructure and on-demand audio streaming software to stream media files. The music subscription revenue of MIDiA Research grew to 63% in 2017.

The overall size of the APAC music streaming market has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the APAC music streaming market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants involved in this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the APAC music streaming market. Amazon.com, Inc; Google LLC; Deezer; Apple, Inc.; Spotify Technology S.A.; and JOOX are among a few players operating in the APAC music streaming market

Reason to buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC music streaming market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the APAC music streaming market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution


1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Music Streaming Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 APAC
4.3 Ecosystem Analysis
5. Music Streaming Market - Key Market Dynamics
5.1 Key Market Driver
5.1.1 Rising Demand for Digital Music Streaming Websites
5.2 Key Market Restraints
5.2.1 Accessibility of Free Digital Music Platforms
5.3 Key Market Opportunities
5.3.1 Rise in On-Demand Streaming
5.4 Future Trends
5.4.1 Growing Penetration of Online Music Streaming
5.5 Impact Analysis of Drivers and Restraints
6. Music Streaming Market- APAC Analysis
6.1 APAC Music Streaming Market Overview
6.1.1 APAC: Music Streaming Market - Revenue and Forecast to 2027 (US$ Million)
6.2 Market Positioning - Five Key Players
7. Music Streaming Market Analysis - By Content Type
7.1 Overview
7.1.1 Music Streaming Market Breakdown, by Content Type, 2019 & 2027
7.2 Audio Streaming
7.2.1 Overview
7.2.2 Audio Streaming Market Revenue and Forecast to 2027 (US$ Million)
7.3 Video Streaming
7.3.1 Overview
7.3.2 Video Streaming Market Revenue and Forecast to 2027 (US$ Million)
8. Music Streaming Market Analysis - By Streaming Type
8.1 Overview
8.2 Music Streaming Market Breakdown, by Streaming Type, 2019 & 2027
8.3 Live Streaming
8.3.1 Overview
8.3.2 Live Streaming Market Revenue and Forecast to 2027 (US$ Million)
8.4 On-Demand Streaming
8.4.1 Overview
8.4.2 On-demand Streaming Market Revenue and Forecast to 2027 (US$ Million)
9. Music Streaming Market Analysis - By End User
9.1 Overview
9.2 Music Streaming Market Breakdown, by End-User, 2019 & 2027
9.3 Commercial
9.3.1 Overview
9.3.2 Commercial Market Revenue and Forecast to 2027 (US$ Million)
9.4 Individual
9.4.1 Overview
9.4.2 Individual Market Revenue and Forecast to 2027 (US$ Million)
10. Music Streaming Market Revenue and Forecast to 2027 -Country Analysis
10.1 Overview
10.1.1.1 Australia: Music Streaming Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 Australia: Music Streaming Market, by Content Type
10.1.1.1.2 Australia: Music Streaming Market, by Streaming Type
10.1.1.1.3 Australia: Music Streaming Market, by End User
10.1.1.2 China: Music Streaming Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 China: Music Streaming Market, by Content Type
10.1.1.2.2 China: Music Streaming Market, by Streaming Type
10.1.1.2.3 China: Music Streaming Market, by End User
10.1.1.3 India: Music Streaming Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.3.1 India: Music Streaming Market, by Content Type
10.1.1.3.2 India: Music Streaming Market, by Streaming Type
10.1.1.3.3 India: Music Streaming Market, by End User
10.1.1.4 Japan: Music Streaming Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.4.1 Japan: Music Streaming Market, by Content Type
10.1.1.4.2 Japan: Music Streaming Market, by Streaming Type
10.1.1.4.3 Japan: Music Streaming Market, by End User
10.1.1.5 South Korea: Music Streaming Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.5.1 South Korea: Music Streaming Market, by Content Type
10.1.1.5.2 South Korea: Music Streaming Market, by Streaming Type
10.1.1.5.3 South Korea: Music Streaming Market, by End User
10.1.1.6 Rest of APAC: Music Streaming Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.6.1 Rest of APAC: Music Streaming Market, by Content Type
10.1.1.6.2 Rest of APAC: Music Streaming Market, by Streaming Type
10.1.1.6.3 Rest of APAC: Music Streaming Market, byEnd User
11. Music Streaming Market - COVID-19 Impact Analysis
11.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Market Initiative
13. Company Profiles
13.1 Amazon.com, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Google LLC
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Deezer
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.5 Apple, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.7 Spotify Technology S.A.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 JOOX
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
List of Tables
Table 1. APAC Music Streaming Market - Revenue and Forecast to 2027 (US$ Million)
Table 2. Australia: Music Streaming Market, By Content Types - Revenue and Forecast to 2027 (US$ Million)
Table 3. Australia: Music Streaming Market, By Streaming Type - Revenue and Forecast to 2027 (US$ Million)
Table 4. Australia: Music Streaming Market, By End User - Revenue and Forecast to 2027 (US$ Million)
Table 5. China: Music Streaming Market, By Content Types - Revenue and Forecast to 2027 (US$ Million)
Table 6. China: Music Streaming Market, By Streaming Type - Revenue and Forecast to 2027 (US$ Million)
Table 7. China: Music Streaming Market, By End User - Revenue and Forecast to 2027 (US$ Million)
Table 8. India: Music Streaming Market, By Content Types - Revenue and Forecast to 2027 (US$ Million)
Table 9. India: Music Streaming Market, By Streaming Type - Revenue and Forecast to 2027 (US$ Million)
Table 10. India: Music Streaming Market, By End User - Revenue and Forecast to 2027 (US$ Million)
Table 11. Japan: Music Streaming Market, By Content Type - Revenue and Forecast to 2027 (US$ Million)
Table 12. Japan: Music Streaming Market, By Streaming Type - Revenue and Forecast to 2027 (US$ Million)
Table 13. Japan: Music Streaming Market, By End User - Revenue and Forecast to 2027 (US$ Million)
Table 14. South Korea: Music Streaming Market, By Content Types - Revenue and Forecast to 2027 (US$ Million)
Table 15. South Korea: Music Streaming Market, By Streaming Type - Revenue and Forecast to 2027 (US$ Million)
Table 16. South Korea: Music Streaming Market, By End User - Revenue and Forecast to 2027 (US$ Million)
Table 17. Rest of APAC: Music Streaming Market, By Content Type - Revenue and Forecast to 2027 (US$ Million)
Table 18. Rest of APAC: Music Streaming Market, By Streaming Type - Revenue and Forecast to 2027 (US$ Million)
Table 19. Rest of APAC: Music Streaming Market, By End User - Revenue and Forecast to 2027 (US$ Million)
Table 20. List of Abbreviation
List of Figures
Figure 1. Music Streaming Market Segmentation
Figure 2. APAC Music Streaming Market Overview
Figure 3. Audio Streaming Segment Held the Largest Share During Forecast Period
Figure 4. On-demand Streaming Segment Dominated the Market
Figure 5. Individual Segment to Show Great Traction During Forecast Period
Figure 6. APAC
Figure 7. Ecosystem Analysis
Figure 8. Music Streaming Market: Impact Analysis of Drivers and Restraints
Figure 9. APAC: Music Streaming Market - Revenue and Forecast to 2027 (US$ Million)
Figure 10. Music Streaming Market Breakdown, by Content Type (2019 and 2027)
Figure 11. Audio Streaming Market Revenue and Forecast to 2027 (US$ Million)
Figure 12. Video Streaming Market Revenue and Forecast to 2027 (US$ Million)
Figure 13. Music Streaming Market Breakdown, by Streaming Type (2019 and 2027)
Figure 14. Live Streaming Market Revenue and Forecast to 2027(US$ Million)
Figure 15. On-demand Streaming Market Revenue and Forecast to 2027(US$ Million)
Figure 16. Music Streaming Market Breakdown, by End-user (2019 and 2027)
Figure 17. Commercial Market Revenue and Forecast to 2027(US$ Million)
Figure 18. Individual Market Revenue and Forecast to 2027(US$ Million)
Figure 19. APAC: Music Streaming Market Revenue Share, By Country (2019 and 2027)
Figure 20. Australia: Music Streaming Market - Revenue and Forecast to 2027 (US$ Million)
Figure 21. China: Music Streaming Market - Revenue and Forecast to 2027 (US$ Million)
Figure 22. India: Music Streaming Market - Revenue and Forecast to 2027 (US$ Million)
Figure 23. Japan: Music Streaming Market - Revenue and Forecast to 2027 (US$ Million)
Figure 24. South Korea: Music Streaming Market - Revenue and Forecast to 2027 (US$ Million)
Figure 25. Rest of APAC: Music Streaming Market - Revenue and Forecast to 2027 (US$ Million)
Figure 26. Impact of COVID-19 Pandemic in Asia Pacific Country

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