Background Music Market by Product Type, End-user and Geography - Forecast and Analysis 2023-2027
- Published: Nov 2022
- Pages: 162
- SKU: IRTNTR40481
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The background music market is estimated to grow at a CAGR of 7.69% between 2022 and 2027. The size of the market is forecast to increase by USD 421.73 million. The growth of the market depends on several factors, including the demand for background music in the retail sector, the growing use of background music in public spaces, and increased regulatory pressure to prevent music piracy and copyright infringement.
This report extensively covers market segmentation by product type (music streaming and AV system), end-user (hospitality, retail, commercial buildings, public infrastructure, and others), and geography (Europe, North America, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
What will the Size of the Background Music Market be During the Forecast Period?
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Parent Market Analysis
Technavio categorizes the global background music market as a part of the global media and entertainment market within the global media and entertainment sector. The parent global media and entertainment market covers companies offering products, services, and solutions in advertising, broadcasting, cable and satellite, publishing, media and entertainment, interactive home entertainment, and interactive media and services. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.
Background Music Market: Key Drivers, Trends, Challenges, and Customer Landscape
The demand for background music in the retail sector is notably driving the market growth, although factors such as the low-profit margins for background music vendors may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Background Music Market Driver
The demand for background music in the retail sector is the key factor driving the global background music market growth. The right tempo and rhythm of background music have proven to influence engagement with the environment and increase the time spent shopping. Soft and slow music has a relaxing effect on shoppers, which leads them to browse longer at stores. Background music, therefore, plays an important role in creating a positive store experience, which is a major selling point of background music subscriptions globally.
Background music has several advantages that help businesses retain and attract new customers. Moreover, there is also a high demand for digital audio content, including background music. This demand for digital audio content is attributed to the rise in the number of Internet downloads and the availability of music-related applications. The increase in the online streaming of music is expected to drive the demand for background music during the forecast period.
Key Background Music Market Trend
The growth of music subscription services will fuel the global background music market growth. The music industry has witnessed continuous growth in revenues over the last three years with high revenues observed from subscription-based streaming music channels. These streaming music channels include paid subscription services, streaming radio services, and advertisement-supported streaming services.
Traditionally, people used to buy music on a pay-per-track/album basis. However, the high cost of music under such a revenue regime discourages people from purchasing them. This compels them to resort to piracy to fulfil their music demand. Moreover, the growing number of mobile applications and websites has helped digital services, such as background music services, attract a large audience. The increase in the number of mobile applications is attributed to the increased adoption of smartphones and tablets. Such factors will increase the market growth during the forecast period.
Key Background Music Market Challenge
The low-profit margins for background music vendors are a major challenge to the global background music market growth. The background music industry is highly competitive, with the presence of many vendors that provide homogeneous services at very low costs with some variation. A major share of the revenues earned by the vendors goes to the artists, content creators, publishing companies, and music labels, which leaves very little income for them (background music providers). This slim profit margin makes it difficult for vendors to sustain themselves in the market, thereby proving to be a challenge for the market.
The providers of background music are largely dependent on the volume of subscribers and music sales to generate profits. However, with the presence of several technology music-streaming startups, garnering a large user base is becoming difficult, while the profitability and income in the industry are beginning to stagnate. Even large background music providers are facing difficulties in increasing their profits. Most other background music/streaming music providers are also facing low margins and losses. Although the number of music subscribers continues to grow, the revenue-generation model is expected to remain a challenge for the vendors.
Key Background Music Market Customer Landscape
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Background Music Market Customer Landscape
Who are the Major Background Music Market Vendors?
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
amientertainment.com - The company offers background music with a robust catalogue, scheduling tool, and curated playlists. Also, the company offers entertainment solutions to different types of public commercial spaces, such as bars, restaurants, and the hospitality industry.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
- Almotech Media Solutions
- Auracle Sound Ltd.
- Brandtrack Inc.
- CMRRA SODRAC Inc.
- Heartbeats International AB
- HIBOU MUSIC LIBRARY
- Imagesound Group
- Liberty Media Corp.
- Mood Media Corp.
- Open Ear Music Ltd.
- Qsic Pty Ltd.
- Rockbot Inc.
- SOUNDMACHINE
- Soundreef
- Soundtrack Your Brand Sweden AB
A qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
What is the Fastest-Growing Segment in the Background Music Market?
The market share growth by the music streaming segment will be significant during the forecast period. Music streaming services include websites that let users watch music videos, listen to audio, and subscribe to podcasts. Moreover, the use of smart devices will also rise along with the increased penetration of digital platforms, which will drive market growth during the forecast period.
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The music streaming segment showed a gradual increase in market share with USD 661.05 million in 2017 and will continue to grow by 2021. Owing to functions such as automatic playlist customization, song recommendations, and hassle-free connectivity on apps and browsers, music streaming platforms are becoming more popular. Additionally, the expanding podcast genres of these portals are fueling market growth. One of the most popular trends in the global market is the expanding use of 5G connections. Thus with the high demand for digital platforms, the global background music market is expected to witness high growth during the forecast period.
Which are the Key Regions for the Background Music Market?
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Europe is projected to contribute 44% of market growth by 2027. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. During the forecast period, the market in Europe is expected to experience accelerated revenue growth as countries in Eastern and Central Europe still remain untapped. Europe accounts for the highest per capita music consumption. The global average music consumption by a user with access to a media device is four hours. However, an average citizen in the region (Europe) consumes 15% more music than the global average. The high level of passion for music is expected to drive the growth of the background music market in Europe.
This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment. The outbreak of COVID-19 led to a surge in demand for background music in Europe. A reduction in the number of COVID-19 cases and increasing vaccination drives led to the resumption of live concerts in Europe. In 2021, tourist activities reopened in Europe, which boosted the growth of the hospitality sector. Thus, the demand for background music systems from the hospitality and retail industries increased. Moreover, the adoption of digital platforms, such as Twitch, which offers live streaming, allows musicians to perform live for their fans, which, in turn, will lead to the growth of the music industry in Europe and thereby drive the growth of the market in focus in the region during the forecast period.
Segment Overview
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by product type, end-user, and region.
- Product Type Outlook ( USD Million, 2017 - 2027)
- Music streaming
- AV system
- End-user Outlook ( USD Million, 2017 - 2027)
- Hospitality
- Retail
- Commercial buildings
- Public infrastructure
- Others
- Region Outlook ( USD Million, 2017 - 2027)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Brazil
- Colombia
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
|
Background Music Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
162 |
|
Base year |
2022 |
|
Historic period |
2017-2021 |
|
Forecast period |
2023-2027 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 7.69% |
|
Market growth 2023-2027 |
$421.73 million |
|
Market structure |
Fragmented |
|
YoY growth (%) |
7.5 |
|
Regional analysis |
Europe, North America, APAC, the Middle East and Africa, and South America |
|
Performing market contribution |
Europe at 44% |
|
Key countries |
US, Canada, China, UK, Germany, and Italy |
|
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
|
Key companies profiled |
Almotech Media Solutions, AMI Entertainment Network LLC, Auracle Sound Ltd., Brandtrack Inc., CMRRA SODRAC Inc., Heartbeats International AB, HIBOU MUSIC LIBRARY, Imagesound Group, Liberty Media Corp., Mood Media Corp., Open Ear Music Ltd., Qsic Pty Ltd., Rockbot Inc., SOUNDMACHINE, Soundreef, Soundtrack Your Brand Sweden AB, Stingray Media Group., TouchTunes Music Corp., USEA Pte Ltd. , and Xenox Music and Media B.V. |
|
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Background Music Market Report?
- CAGR of the market during the forecast period.
- Detailed information on factors that will drive the growth of the market between 2023 and 2027
- Precise estimation of the size of the background music market and its contribution to the parent market.
- Accurate predictions about upcoming trends and changes in consumer behaviour.
- Growth of the industry across Europe, North America, APAC, the Middle East and Africa, and South America.
- A thorough analysis of the market’s competitive landscape and detailed information about vendors.
- Comprehensive analysis of factors that will challenge the growth of background music market vendors.
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global Background Music Market 2023-2027 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global Background Music Market 2023-2027 2017 - 2021 ($ million)
- 4.2 By product type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – By product type Segment 2017 - 2021 ($ million)
- 4.3 By end-user Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – By end-user Segment 2017 - 2021 ($ million)
- 4.4 By Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – By Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product Type
- 6.1 Market segments
- Exhibit 30: Chart on Product Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Product Type - Market share 2022-2027 (%)
- 6.2 Comparison by Product Type
- Exhibit 32: Chart on Comparison by Product Type
- Exhibit 33: Data Table on Comparison by Product Type
- 6.3 Music streaming - Market size and forecast 2022-2027
- Exhibit 34: Chart on Music streaming - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Music streaming - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Music streaming - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Music streaming - Year-over-year growth 2022-2027 (%)
- 6.4 AV system - Market size and forecast 2022-2027
- Exhibit 38: Chart on AV system - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on AV system - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on AV system - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on AV system - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Product Type
- Exhibit 42: Market opportunity by Product Type ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)
- 7.2 Comparison by End-user
- Exhibit 45: Chart on Comparison by End-user
- Exhibit 46: Data Table on Comparison by End-user
- 7.3 Hospitality - Market size and forecast 2022-2027
- Exhibit 47: Chart on Hospitality - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on Hospitality - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Chart on Hospitality - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Hospitality - Year-over-year growth 2022-2027 (%)
- 7.4 Retail - Market size and forecast 2022-2027
- Exhibit 51: Chart on Retail - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Retail - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Retail - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Retail - Year-over-year growth 2022-2027 (%)
- 7.5 Commercial buildings - Market size and forecast 2022-2027
- Exhibit 55: Chart on Commercial buildings - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Commercial buildings - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Commercial buildings - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Commercial buildings - Year-over-year growth 2022-2027 (%)
- 7.6 Public infrastructure - Market size and forecast 2022-2027
- Exhibit 59: Chart on Public infrastructure - Market size and forecast 2022-2027 ($ million)
- Exhibit 60: Data Table on Public infrastructure - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Chart on Public infrastructure - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Public infrastructure - Year-over-year growth 2022-2027 (%)
- 7.7 Others - Market size and forecast 2022-2027
- Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 7.8 Market opportunity by End-user
- Exhibit 67: Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 69: Chart on Market share by geography 2022-2027 (%)
- Exhibit 70: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 71: Chart on Geographic comparison
- Exhibit 72: Data Table on Geographic comparison
- 9.3 Europe - Market size and forecast 2022-2027
- Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.4 North America - Market size and forecast 2022-2027
- Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 UK - Market size and forecast 2022-2027
- Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.10 China - Market size and forecast 2022-2027
- Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.11 Germany - Market size and forecast 2022-2027
- Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.12 Italy - Market size and forecast 2022-2027
- Exhibit 109: Chart on Italy - Market size and forecast 2022-2027 ($ million)
- Exhibit 110: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
- Exhibit 111: Chart on Italy - Year-over-year growth 2022-2027 (%)
- Exhibit 112: Data Table on Italy - Year-over-year growth 2022-2027 (%)
- 9.13 Canada - Market size and forecast 2022-2027
- Exhibit 113: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 114: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 115: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 116: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.14 Market opportunity by geography
- Exhibit 117: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 118: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 119: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 120: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 121: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 122: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 123: Matrix on vendor position and classification
- 12.3 Almotech Media Solutions
- Exhibit 124: Almotech Media Solutions - Overview
- Exhibit 125: Almotech Media Solutions - Product / Service
- Exhibit 126: Almotech Media Solutions - Key offerings
- 12.4 AMI Entertainment Network LLC
- Exhibit 127: AMI Entertainment Network LLC - Overview
- Exhibit 128: AMI Entertainment Network LLC - Product / Service
- Exhibit 129: AMI Entertainment Network LLC - Key offerings
- 12.5 Auracle Sound Ltd.
- Exhibit 130: Auracle Sound Ltd. - Overview
- Exhibit 131: Auracle Sound Ltd. - Product / Service
- Exhibit 132: Auracle Sound Ltd. - Key offerings
- 12.6 Brandtrack Inc.
- Exhibit 133: Brandtrack Inc. - Overview
- Exhibit 134: Brandtrack Inc. - Product / Service
- Exhibit 135: Brandtrack Inc. - Key offerings
- 12.7 CMRRA SODRAC Inc.
- Exhibit 136: CMRRA SODRAC Inc. - Overview
- Exhibit 137: CMRRA SODRAC Inc. - Product / Service
- Exhibit 138: CMRRA SODRAC Inc. - Key offerings
- 12.8 Heartbeats International AB
- Exhibit 139: Heartbeats International AB - Overview
- Exhibit 140: Heartbeats International AB - Product / Service
- Exhibit 141: Heartbeats International AB - Key offerings
- 12.9 HIBOU MUSIC LIBRARY
- Exhibit 142: HIBOU MUSIC LIBRARY - Overview
- Exhibit 143: HIBOU MUSIC LIBRARY - Key offerings
- 12.10 Imagesound Group
- Exhibit 144: Imagesound Group - Overview
- Exhibit 145: Imagesound Group - Product / Service
- Exhibit 146: Imagesound Group - Key offerings
- 12.11 Liberty Media Corp.
- Exhibit 147: Liberty Media Corp. - Overview
- Exhibit 148: Liberty Media Corp. - Product / Service
- Exhibit 149: Liberty Media Corp. - Key offerings
- 12.12 Mood Media Corp.
- Exhibit 150: Mood Media Corp. - Overview
- Exhibit 151: Mood Media Corp. - Product / Service
- Exhibit 152: Mood Media Corp. - Key offerings
- 12.13 Qsic Pty Ltd.
- Exhibit 153: Qsic Pty Ltd. - Overview
- Exhibit 154: Qsic Pty Ltd. - Product / Service
- Exhibit 155: Qsic Pty Ltd. - Key offerings
- 12.14 Rockbot Inc.
- Exhibit 156: Rockbot Inc. - Overview
- Exhibit 157: Rockbot Inc. - Product / Service
- Exhibit 158: Rockbot Inc. - Key offerings
- 12.15 SOUNDMACHINE
- Exhibit 159: SOUNDMACHINE - Overview
- Exhibit 160: SOUNDMACHINE - Product / Service
- Exhibit 161: SOUNDMACHINE - Key offerings
- 12.16 USEA Pte Ltd.
- Exhibit 162: USEA Pte Ltd. - Overview
- Exhibit 163: USEA Pte Ltd. - Product / Service
- Exhibit 164: USEA Pte Ltd. - Key offerings
- 12.17 Xenox Music and Media B.V.
- Exhibit 165: Xenox Music and Media B.V. - Overview
- Exhibit 166: Xenox Music and Media B.V. - Product / Service
- Exhibit 167: Xenox Music and Media B.V. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 168: Inclusions checklist
- Exhibit 169: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 170: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 171: Research methodology
- Exhibit 172: Validation techniques employed for market sizing
- Exhibit 173: Information sources
- 13.5 List of abbreviations
- Exhibit 174: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- US
- Canada
- China
- UK
- Germany
- Italy
- Demand for BGM in the retail sector
- Growth of music subscription services
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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