United Kingdom (UK) Online Music Streaming Market to 2027
Summary
Online Music Streaming in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). 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 includes the revenue generated from the streaming of music online. This revenue is primarily generated from two sources: subscription services and ad-supported streams.
- The UK online music streaming market had total revenues of $2.0 billion in 2022, representing a compound annual growth rate (CAGR) of 22.5% between 2017 and 2022.
- The subscription services segment accounted for the market's largest proportion in 2022, with total revenues of $1.8 billion, equivalent to 86.1% of the market's overall value.
- According to in-house research, the UK held 9.2% stake in global online music streaming in 2022.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the online music streaming market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the online music streaming market in the United Kingdom
- 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 United Kingdom online music streaming market with five year forecasts by both value and volume
- What was the size of the United Kingdom online music streaming market by value in 2022?
- What will be the size of the United Kingdom online music streaming market in 2027?
- What factors are affecting the strength of competition in the United Kingdom online music streaming market?
- How has the market performed over the last five years?
- How large is the United Kingdom’s online music streaming market in relation to its regional counterparts?
- 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 are the strengths of leading players?
- 7.3. What strategies do 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. SoundCloud Ltd.
- 8.4. YouTube LLC
- 8.5. Amazon.com, Inc.
- 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: United Kingdom online music streaming market value: $ million, 2017–22
- Table 2: United Kingdom online music streaming market category segmentation: % share, by value, 2017–2022
- Table 3: United Kingdom online music streaming market category segmentation: $ million, 2017-2022
- Table 4: United Kingdom online music streaming market geography segmentation: $ million, 2022
- Table 5: United Kingdom online music streaming market value forecast: $ million, 2022–27
- 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: SoundCloud Ltd.: key facts
- Table 13: SoundCloud Ltd.: Key Employees
- Table 14: YouTube LLC: key facts
- Table 15: YouTube LLC: Key Employees
- Table 16: Amazon.com, Inc.: key facts
- Table 17: Amazon.com, Inc.: Annual Financial Ratios
- Table 18: Amazon.com, Inc.: Key Employees
- Table 19: Amazon.com, Inc.: Key Employees Continued
- Table 20: United Kingdom size of population (million), 2018–22
- Table 21: United Kingdom gdp (constant 2005 prices, $ billion), 2018–22
- Table 22: United Kingdom gdp (current prices, $ billion), 2018–22
- Table 23: United Kingdom inflation, 2018–22
- Table 24: United Kingdom consumer price index (absolute), 2018–22
- Table 25: United Kingdom exchange rate, 2018–22
- List of Figures
- Figure 1: United Kingdom online music streaming market value: $ million, 2017–22
- Figure 2: United Kingdom online music streaming market category segmentation: $ million, 2017-2022
- Figure 3: United Kingdom online music streaming market geography segmentation: % share, by value, 2022
- Figure 4: United Kingdom online music streaming market value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the online music streaming market in the United Kingdom, 2022
- Figure 6: Drivers of buyer power in the online music streaming market in the United Kingdom, 2022
- Figure 7: Drivers of supplier power in the online music streaming market in the United Kingdom, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the online music streaming market in the United Kingdom, 2022
- Figure 9: Factors influencing the threat of substitutes in the online music streaming market in the United Kingdom, 2022
- Figure 10: Drivers of degree of rivalry in the online music streaming market in the United Kingdom, 2022
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