Music on Demand Market Growth by End-user, Type, and Geography - Forecast and Analysis 2023-2027

Published: Mar 2023 Pages: 160 SKU: IRTNTR71589

The music on demand market size is estimated to grow at a CAGR of 13.41% between 2022 and 2027. The music on demand market size is forecast to increase by USD 38,775.66 million. The growth of the market depends on several factors, including growth in mobile advertisement spending, the surge in subscription-based services, and bundled services provided by market players.

This market report extensively covers market segmentation by type (music streaming and radio on demand), end-user (individual users and commercial users), and geography (North America, Europe, APAC, South America, and Middle East and Africa). 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 be the Size of the Music On Demand Market During the Forecast Period?

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Music On Demand Market: Key Drivers, Trends, Challenges, and Customer Landscape

The growth in mobile advertisement spending is notably driving the music on demand market growth, although factors such as free music access to users through modified apps may impede 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 Music On Demand Market Driver

The growth in mobile advertisement spending is one of the key factors driving the global music on demand market growth. Mobile advertising is currently one of the most popular advertising methods, driven primarily by the proliferation of tablets and smartphones, the proliferation of the internet, and the development of various mobile apps. In 2020, over 90% of the world's total population had internet access. The global mobile app download market recorded 218 billion downloads in 2020. Service providers develop mobile applications for easy access and use by their customers. 

The growing adoption of mobile devices and the subsequent increase in mobile application downloads have made most of the songs and albums available in-app for streaming and downloading. These apps also provide easy payment options for the subscribers of premium services, which attracts more customers. Users are required to fill in their personal details, which helps vendors to retain a larger customer base through targeted advertising. Thus, the growth in mobile advertising spending is driving the growth of the global music on demand market.

Significant Music On Demand Market Trends

An increase in the adoption of cloud services is a high-performing trend in the global music on demand market. Cloud computing is a trend in the global music-on-demand market because it provides consumers with legal access to online music, and is being rapidly adopted by music companies due to its increased portability. It enables subscription users to access the digital content stored in remote servers. Various companies like Apple, Google, and Amazon primarily focus on cloud services as a remote locker for downloaded tracks. Cloud computing is rapidly being adopted by music companies to give users legal access to online music from remote servers, regardless of the device used by subscribers. 

Many vendors in the market are exploring this field to integrate lyrics and sing-along features into the audio file. This provides them with a unique selling proposition (USP) and enables them to differentiate themselves from other vendors. This trend among vendors is expected to fuel the growth of the market during the forecast period.

Major Music On Demand Market Challenge

Free music access to users through modified apps will be a major challenge that may impact negatively the global music on demand market. The modified app can access many streaming services for free on rooted Android and jailbroken iOS devices. Rooting/jailbreaking is the process of modifying a mobile device's software that provides access to the core services used to operate the mobile phone. Many illegal or cracked apps can be installed on rooted/jailbroken devices and used to access paid services for free. 

Most of the revenue in the global music on demand market comes from paid-for services. Thus, cracked apps pose a challenge to the global music-on-demand market. By using cracked apps that are illegal, a user can get access to app versions without making any payments. This affects the sales as well as profit margins of music streaming service providers. Such factors hinder the growth of the global music on demand market.

Key Music On Demand 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 Music on Demand Market Customer Landscape

Who are the Major Music on Demand 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.

Alphabet Inc.: The company offers on demand music through two applications such as YouTube music and Google Music.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Amazon.com Inc.
  • Apple Inc.
  • Aspiro AB
  • Auracle Sound Ltd.
  • Bennett Coleman and Co. Ltd.
  • Bharti Enterprises Ltd.
  • Canadian Broadcasting Corp.
  • Deezer SA
  • Hungama Digital Media Entertainment Pvt. Ltd.
  • iHeartMedia Inc.
  • Mixcloud Ltd.
  • Modern Streaming Solutions Pvt. Ltd.
  • Mood Media Corp.
  • Reliance Industries Ltd.
  • Rhapsody International Inc.

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 Music On Demand Market?

The market share growth by the music streaming segment will be significant during the forecast period. During the forecast period,  the paid music streaming service segment is expected to increase its revenue share as many consumers switch from the free subscription model to the paid subscription model. This is because the premium service offers a number of features such as no interruptions from ads, suggestions for new songs, access to an extensive catalog of songs, customized playlists, third-party integrations such as Amazon Alexa, and more. As such, we expect more people to opt for premium services with subscription fees.

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The music streaming segment was valued at USD 22,274.90 million in 2017 and continued to grow until 2021. The high subscription fees charged by some music streaming service providers may hamper the market growth. Due to these high prices, some users prefer free music streaming services. The prices of paid subscription services are expected to rise in the coming years, preventing more people from choosing them. However, there is a huge population willing to pay for premium services which are expected to drive the growth of the music on demand market during the forecast period. 

Which are the Key Regions for the Music On Demand Market?

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North America is estimated to contribute 37% to the growth of the global music on demand market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The music on demand market in North America is driven primarily by the presence of a large number of artists, music publishers, and a well-developed network infrastructure. Additionally, most of the major players in the music on demand market are based in North America, including Apple Inc. and iHeartMedia Inc. These providers, therefore, ensure that all new services are available in North America first, resulting in high market growth.  

The COVID-19 outbreak has increased demand for music streaming amid the lockdown. With the temporary closure of stadiums and music concerts, people turned to music on demand services to listen to their favorite music. The number of subscribers to music-on-demand services in the region has grown significantly. The proliferation of digital platforms and the increasing use of smart devices are expected to boost the growth of the market and this trend is set to increase significantly during the forecast period. 

Segment Overview

The music on demand market 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. 

  • Type Outlook (USD Million, 2017 - 2027)
    • Music streaming
    • Radio on demand
  • End-user Outlook (USD Million, 2017 - 2027)
    • Individual users
    • Commercial users
  • 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
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Parent Market Analysis

Technavio categorizes the global music on demand market as a part of the global interactive media and services market within the media and entertainment market. The global interactive media and services market includes companies engaged in content and information creation or distribution through proprietary platforms, where sales are primarily generated through pay-per-click advertisements. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Music On Demand Market Scope

Report Coverage

Details

Page number

160

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 13.41%

Market growth 2023-2027

USD 38,775.66 million

Market structure

Fragmented

YoY growth 2022-2023(%)

12.43

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 37%

Key countries

US, China, Japan, UK, and Germany

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Alphabet Inc., Amazon.com Inc., Apple Inc., Aspiro AB, Auracle Sound Ltd., Bennett Coleman and Co. Ltd., Bharti Enterprises Ltd., Canadian Broadcasting Corp., Deezer SA, Hungama Digital Media Entertainment Pvt. Ltd., iHeartMedia Inc., Mixcloud Ltd., Modern Streaming Solutions Pvt. Ltd., Mood Media Corp., Reliance Industries Ltd., Rhapsody International Inc., SoundCloud Global Ltd. and Co. KG, Spotify Technology SA, Tencent Holdings Ltd., and Viant Technology LLC

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.

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What are the Key Data Covered in this Music on Demand Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the music on demand market between 2023 and 2027
  • Precise estimation of the music on demand market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of music on demand market vendors

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

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 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 music on demand market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global music on demand market 2017 - 2021 ($ million)
    • 4.2 Type Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – 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 Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by 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 Radio on demand - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Radio on demand - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Radio on demand - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Radio on demand - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Radio on demand - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Type
      • Exhibit 42: Market opportunity by Type ($ million)
      • Exhibit 43: Data Table on Market opportunity by Type ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 46: Chart on Comparison by End-user
      • Exhibit 47: Data Table on Comparison by End-user
    • 7.3 Individual users - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Individual users - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on Individual users - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on Individual users - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Individual users - Year-over-year growth 2022-2027 (%)
    • 7.4 Commercial users - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Commercial users - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Commercial users - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Commercial users - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Commercial users - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by End-user
      • Exhibit 56: Market opportunity by End-user ($ million)
      • Exhibit 57: Data Table on Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 UK - Market size and forecast 2022-2027
      • Exhibit 91: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ million)
      • Exhibit 104: Data Tables on 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 105: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Alphabet Inc.
              • Exhibit 111: Alphabet Inc. - Overview
              • Exhibit 112: Alphabet Inc. - Business segments
              • Exhibit 113: Alphabet Inc. - Key news
              • Exhibit 114: Alphabet Inc. - Key offerings
              • Exhibit 115: Alphabet Inc. - Segment focus
            • 12.4 Amazon.com Inc.
              • Exhibit 116: Amazon.com Inc. - Overview
              • Exhibit 117: Amazon.com Inc. - Business segments
              • Exhibit 118: Amazon.com Inc. - Key news
              • Exhibit 119: Amazon.com Inc. - Key offerings
              • Exhibit 120: Amazon.com Inc. - Segment focus
            • 12.5 Apple Inc.
              • Exhibit 121: Apple Inc. - Overview
              • Exhibit 122: Apple Inc. - Business segments
              • Exhibit 123: Apple Inc. - Key news
              • Exhibit 124: Apple Inc. - Key offerings
              • Exhibit 125: Apple Inc. - Segment focus
            • 12.6 Auracle Sound Ltd.
              • Exhibit 126: Auracle Sound Ltd. - Overview
              • Exhibit 127: Auracle Sound Ltd. - Product / Service
              • Exhibit 128: Auracle Sound Ltd. - Key offerings
            • 12.7 Bennett Coleman and Co. Ltd.
              • Exhibit 129: Bennett Coleman and Co. Ltd. - Overview
              • Exhibit 130: Bennett Coleman and Co. Ltd. - Key offerings
            • 12.8 Bharti Enterprises Ltd.
              • Exhibit 131: Bharti Enterprises Ltd. - Overview
              • Exhibit 132: Bharti Enterprises Ltd. - Key offerings
            • 12.9 Canadian Broadcasting Corp.
              • Exhibit 133: Canadian Broadcasting Corp. - Overview
              • Exhibit 134: Canadian Broadcasting Corp. - Product / Service
              • Exhibit 135: Canadian Broadcasting Corp. - Key offerings
            • 12.10 Deezer SA
              • Exhibit 136: Deezer SA - Overview
              • Exhibit 137: Deezer SA - Product / Service
              • Exhibit 138: Deezer SA - Key news
              • Exhibit 139: Deezer SA - Key offerings
            • 12.11 Hungama Digital Media Entertainment Pvt. Ltd.
              • Exhibit 140: Hungama Digital Media Entertainment Pvt. Ltd. - Overview
              • Exhibit 141: Hungama Digital Media Entertainment Pvt. Ltd. - Product / Service
              • Exhibit 142: Hungama Digital Media Entertainment Pvt. Ltd. - Key offerings
            • 12.12 iHeartMedia Inc.
              • Exhibit 143: iHeartMedia Inc. - Overview
              • Exhibit 144: iHeartMedia Inc. - Business segments
              • Exhibit 145: iHeartMedia Inc. - Key offerings
              • Exhibit 146: iHeartMedia Inc. - Segment focus
            • 12.13 Mixcloud Ltd.
              • Exhibit 147: Mixcloud Ltd. - Overview
              • Exhibit 148: Mixcloud Ltd. - Product / Service
              • Exhibit 149: Mixcloud Ltd. - Key offerings
            • 12.14 Mood Media Corp.
              • Exhibit 150: Mood Media Corp. - Overview
              • Exhibit 151: Mood Media Corp. - Product / Service
              • Exhibit 152: Mood Media Corp. - Key offerings
            • 12.15 Reliance Industries Ltd.
              • Exhibit 153: Reliance Industries Ltd. - Overview
              • Exhibit 154: Reliance Industries Ltd. - Business segments
              • Exhibit 155: Reliance Industries Ltd. - Key news
              • Exhibit 156: Reliance Industries Ltd. - Key offerings
              • Exhibit 157: Reliance Industries Ltd. - Segment focus
            • 12.16 SoundCloud Global Ltd. and Co. KG
              • Exhibit 158: SoundCloud Global Ltd. and Co. KG - Overview
              • Exhibit 159: SoundCloud Global Ltd. and Co. KG - Product / Service
              • Exhibit 160: SoundCloud Global Ltd. and Co. KG - Key offerings
            • 12.17 Spotify Technology SA
              • Exhibit 161: Spotify Technology SA - Overview
              • Exhibit 162: Spotify Technology SA - Business segments
              • Exhibit 163: Spotify Technology SA - Key offerings
              • Exhibit 164: Spotify Technology SA - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 165: Inclusions checklist
                • Exhibit 166: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 167: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 168: Research methodology
                • Exhibit 169: Validation techniques employed for market sizing
                • Exhibit 170: Information sources
              • 13.5 List of abbreviations
                • Exhibit 171: 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

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              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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