The Research N Reports recently published a report entitled “Mobile Streaming Music Market – Global Industry Analysis 2014-2018 and Market Forecast 2019-2023”. Mobile Streaming Music has seen a surge in the last three years, driven by increased digitization and increased adoption of digital music. As the adoption of Mobile Streaming Music continues to increase, the market share of downloaded music is seen to be declining in the global digital music market.
In this report, Research N Reports categorized the global Mobile Streaming Music market by streaming type, end user, content type and region. Depending on the type of streaming, the market is broken down into robust live streaming and on-demand streaming. As the adoption of audio Mobile Streaming Music applications has increased, providing end-users around the globe has begun to adopt on-demand Mobile Streaming Music services by providing advanced features of subscription-based Mobile Streaming Music applications. But because YouTube has a lot of potential customers, it has a significant market share in live streaming. A recent development in this area is the introduction of subscription-based YouTube Mobile Streaming Music options. As a result, it is expected to lead growth of the on-demand Mobile Streaming Music division.
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Top key players are including in this report: Apple, Deezer, Google, iHeartMedia, Pandora, Spotify, CBS, Clear Channel Radio, Gaana.com, Grooveshark, Guvera, Hungama MyPlay, JB Hi-Fi Pty, Line, Mixcloud, News, RadioTime, Rara, Rhaposody, Saavn, SoundCloud etc.
Based on end users, the Mobile Streaming Music market is segmented into residential and commercial. Increasing consumer disposable income and the adoption of advanced consumer electronic devices such as smartphones and laptops around the world are increasing, especially in developing countries such as China and India, and some of the key drivers of the residential sub-segment growth are in the global Mobile Streaming Music market. In addition, due to limited adoption of Mobile Streaming Music in the commercial sector, the same sector is expected to have a relatively low CAGR in the global Mobile Streaming Music market.
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In addition, the North American Mobile Streaming Music market is expected to dominate the global Mobile Streaming Music market because of the high adoption rate of digital music in the United States and the availability of resources to provide end users with an advanced Mobile Streaming Music experience. High disposable income of end users in this area. Over the past four years, the region has seen the adoption of advanced data services such as uninterrupted 4G and high-speed broadband connections. These factors are driving the growth of the Mobile Streaming Music market in North America.
Table of Contents
Global Mobile Streaming Music Market Forecast
Chapter 1 Global Mobile Streaming Music Market Overview
Chapter 2 Economic Impact on Market
Chapter 3 Market Competition
Chapter 4 Global Mobile Streaming Music Market Analysis by Application
Chapter 5 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 6 Marketing Strategy Analysis, Distributors/Traders
Chapter 7 Global Mobile Streaming Music Market Effect, Factors, Analysis
Chapter 8 Global Mobile Streaming Music Market Forecast