Global Online Music Streaming - Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Global Online Music Streaming industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The online music streaming market consists of revenues generated from music and music video streaming. Revenues are made up from subscription service charges and ad-supported streams. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The global online music Streaming market had total revenues of $16.4bn in 2021, representing a compound annual growth rate (CAGR) of 24.7% between 2016 and 2021.
- The subscription services segment was the market's most lucrative in 2021, with total revenues of $13.2bn, equivalent to 81% of the market's overall value.
- The market’s strong growth over the past five years can be attributed to the increasing digitization of music and increased prevalence of internet access.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the online music streaming market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the globalonline music streaming market
- Leading company profiles reveal details of key online music streaming market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global online music streaming market with five year forecasts
- What was the size of the Global online music streaming market by value in 2021?
- What will be the size of the Global online music streaming market in 2026?
- What factors are affecting the strength of competition in the Global online music streaming market?
- How has the market performed over the last five years?
- What are the main segments that make up the global's online music streaming market?
Companies Mentioned
Spotify AB
Apple Inc
Alphabet Inc
Apple Inc
Deezer SA
Tencent Holdings Limited
Naver Corp
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive Landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What have been the most significant mergers/acquisitions over the past few years?
- 7.3. What strategies do the leading players follow?
- 7.4. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Spotify AB
- 8.2. Apple Inc
- 8.3. Alphabet Inc
- 8.4. Apple Inc
- 8.5. Deezer SA
- 8.6. Tencent Holdings Limited
- 8.7. Naver Corp
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Global online music streaming market value: $ billion, 2017–21
- Table 2: Global online music streaming market category segmentation: % share, by value, 2017–2021
- Table 3: Global online music streaming market category segmentation: $ billion, 2017-2021
- Table 4: Global online music streaming market geography segmentation: $ billion, 2021
- Table 5: Global online music streaming market value forecast: $ billion, 2021–26
- Table 6: Spotify AB: key facts
- Table 7: Spotify AB: Key Employees
- Table 8: Apple Inc: key facts
- Table 9: Apple Inc: Annual Financial Ratios
- Table 10: Apple Inc: Key Employees
- Table 11: Apple Inc: Key Employees Continued
- Table 12: Alphabet Inc: key facts
- Table 13: Alphabet Inc: Annual Financial Ratios
- Table 14: Alphabet Inc: Key Employees
- Table 15: Apple Inc: key facts
- Table 16: Apple Inc: Annual Financial Ratios
- Table 17: Apple Inc: Key Employees
- Table 18: Apple Inc: Key Employees Continued
- Table 19: Deezer SA: key facts
- Table 20: Deezer SA: Key Employees
- Table 21: Tencent Holdings Limited: key facts
- Table 22: Tencent Holdings Limited: Annual Financial Ratios
- Table 23: Tencent Holdings Limited: Key Employees
- Table 24: Tencent Holdings Limited: Key Employees Continued
- Table 25: Naver Corp: key facts
- Table 26: Naver Corp: Annual Financial Ratios
- Table 27: Naver Corp: Key Employees
- Table 28: Global exchange rate, 2017–21
- List of Figures
- Figure 1: Global online music streaming market value: $ billion, 2017–21
- Figure 2: Global online music streaming market category segmentation: $ billion, 2017-2021
- Figure 3: Global online music streaming market geography segmentation: % share, by value, 2021
- Figure 4: Global online music streaming market value forecast: $ billion, 2021–26
- Figure 5: Forces driving competition in the global online music streaming market, 2021
- Figure 6: Drivers of buyer power in the global online music streaming market, 2021
- Figure 7: Drivers of supplier power in the global online music streaming market, 2021
- Figure 8: Factors influencing the likelihood of new entrants in the global online music streaming market, 2021
- Figure 9: Factors influencing the threat of substitutes in the global online music streaming market, 2021
- Figure 10: Drivers of degree of rivalry in the global online music streaming market, 2021
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook