Global Music Market Will Grow At A CAGR Of 5.08% During The Period 2016-2020
Publishing, digital music, physical music copies, and concert tickets are a few primary revenue sources for the music market. The market growth is attributed to the rising number of vendors and their expanding reach in developing markets, the popularity of concerts, growing number of music schools, and prevalence of digital music formats. In 2015, the Americas accounted for the larger proportion of the market share, and the US was the chief revenue generating country.
Technavios analysts forecast the global music market to grow at a CAGR of 5.08% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global music market for 2016-2020. To calculate the market size, the report considers revenue generated from the following segments:
Concert tickets
Digital music
Physical music sales
Music publishing
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The market is divided into the following segments based on geography:
Americas
EMEA
APAC
Latest report, Global Music Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
BMG
Kobalt Music
Sony/ATV Music
Universal Music
Warner Music
Other prominent vendors
Music streaming
Subscription
Music publishing
Concert tickets
Market driver
Increase in subscription services
For a full, detailed list, view our report
Market challenge
Decline in sales of physical records
For a full, detailed list, view our report
Market trend
Growth in mobile ad spending
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Key questions answered in this report
What will the market size be in 2020 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?
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Table Of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Customer segments
Base year
Vendor segmentation
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Product life cycle
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product type
Global music market by type
Global concert tickets market
Global digital music market
Leading countries in digital music market
Global physical music sales market
Global music publishing market
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