Global Karaoke App Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Karaoke App Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

In this report, karaoke app types are divided into individuals and businesses according to their income composition. Individuals are mainly income from live broadcast, income from app subscriptions, etc. The business is mainly advertising revenue, helping singers to promote new songs and so on.

Market Overview:

The latest research study on the global Karaoke App market finds that the global Karaoke App market reached a value of USD 5614.05 million in 2022. It’s expected that the market will achieve USD 10049.41 million by 2028, exhibiting a CAGR of 10.19% during the forecast period.

The isolation and blockade of the epidemic has made it impossible for people to perform offline physical entertainment, which has caused various entertainment apps to be very popular during the epidemic, and the number of users used has increased rapidly.

In addition to entertainment needs, karaoke is to some extent a cathartic method during the pandemic. In addition to singing, the interactive experience provided by the app allows people to sing with friends or make new friends on the app even though they are isolated at home. friend.
It is precisely because of the epidemic that the usage has increased greatly, which has further promoted app developers to launch various new functions. But once an app launches new features, other similar apps will compete to imitate it. This has led to increasingly fierce competition in the industry.
But overall, the epidemic has greatly promoted the development of karaoke apps.

Strength

People's entertainment needs
With the improvement of living standards, the advancement of science and technology, people's demand for leisure products and entertainment systems continues to grow. All kinds of karaoke app on the market provide a platform for the public to sing and entertain. At the same time, during the epidemic, karaoke app provided an interactive experience in addition to the singing function, allowing users to relax, entertain and make friends during the epidemic.

Weakness

Various types of karaoke apps are highly competitive
From a market perspective, the homogeneity of karaoke APPs is serious, plagiarism is intensified, and pirated copycats destroy the industry ecology, making it increasingly difficult to survive in the karaoke APP market.
The difficulties of the general environment have led to a lack of vitality and inspiration for entrepreneurs and developers. In individual countries, it is difficult to protect intellectual property rights. Although plagiarism is easy to obtain short-term benefits, it is detrimental to the ecology. If things go on like this, they cannot accumulate technical barriers and can only face the fate of being annexed at any time. At the same time, it may be replaced by VR, AR or even more advanced methods.

Region Overview:

In global comparison, a significant portion of the revenue was generated in Asia Pacific (86.95% in 2021).

Company Overview:

Wesing (QUANMIN K GE) is one of the major players operating in the Karaoke App market, holding a share of 59.69% in 2021.

Wesing (QUANMIN K GE)

Wesing (Quan Min K Song) is a karaoke software produced by Tencent, which has functions such as intelligent scoring, professional mixing, circle of friends, sound repair, fun interaction, and social sharing. On August 26, 2014, Wesing (all people K GE) officially opened for scheduled download, and it was first released on September 1, 2014.

ChangBa

ChangBa, a free music content community application, supports karaoke, microphone, singing, recording, live broadcast and other functions. ChangBa belongs to Beijing Xiaochang Technology Co., Ltd. Its series of products include ChangBa APP, ChangBa Online KTV, Mars Live, ChangBa Mall, and ChangBa Microphone. Compared with other mobile karaoke platforms, ChangBa is the first to develop offline music scenes. Based on the advantages of sound technology, with ChangBa APP as the core, it builds and improves the closed-loop online + offline product ecosystem.

Segmentation Overview:

As for product types, the Personal segment held the largest market share in 2021.

Application Overview:

The market's largest segment by application is the segment Mobile, with a market share of 94.59% in 2021.

Mobile

The mobile karaoke app can be downloaded to the phone, sing and record songs anytime, anywhere. The current mobile karaoke app has various functions, in addition to tuning, chorus, and live broadcast, there is also a huge user community where you can make friends.

PC

Many karaoke programs can be downloaded for free and installed on a Windows PC. They allow users to play karaoke at home, act as editors for karaoke and players, and play karaoke files in various formats.

Key Companies in the global Karaoke App market covered in Chapter 3:

Karafun
Smule
Yokee
SingSnap Karaoke
ChangBa
Wesing(QUANMIN K GE)
StarMaker

In Chapter 4 and Chapter 14.2, on the basis of types, the Karaoke App market from 2018 to 2029 is primarily split into:

Personal
Commercial

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Karaoke App market from 2018 to 2029 covers:

Mobile
PC
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)