United States of America (USA) Online Music Streaming - Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Online Music Streaming in the United States 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 US online music streaming market had total revenues of $10.6bn in 2021, representing a compound annual growth rate (CAGR) of 27.4% between 2016 and 2021.
- The subscription services segment was the market's most lucrative in 2021, with total revenues of $8.8bn, equivalent to 82.7% of the market's overall value.
- In 2021, users of online music streaming services were more likely to subscribe to the premium tiers offered by platforms such as Spotify, Apple Music, and YouTube Music, with revenues of paid services rising by 18.5%.
- 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 United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the online music streaming market in the United States
- 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 States online music streaming market with five year forecasts
- What was the size of the United States online music streaming market by value in 2021?
- What will be the size of the United States online music streaming market in 2026?
- What factors are affecting the strength of competition in the United States online music streaming market?
- How has the market performed over the last five years?
- What are the main segments that make up the United States's online music streaming market?
Companies Mentioned
Spotify AB
Apple Inc
Pandora Media LLC
Amazon.com, Inc.
- 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. Pandora Media LLC
- 8.4. 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 States online music streaming market value: $ billion, 2017–21
- Table 2: United States online music streaming market category segmentation: % share, by value, 2017–2021
- Table 3: United States online music streaming market category segmentation: $ billion, 2017-2021
- Table 4: United States online music streaming market geography segmentation: $ billion, 2021
- Table 5: United States 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: Pandora Media LLC: key facts
- Table 13: Pandora Media LLC: Key Employees
- Table 14: Amazon.com, Inc.: key facts
- Table 15: Amazon.com, Inc.: Annual Financial Ratios
- Table 16: Amazon.com, Inc.: Key Employees
- Table 17: Amazon.com, Inc.: Key Employees Continued
- Table 18: United States size of population (million), 2017–21
- Table 19: United States gdp (constant 2005 prices, $ billion), 2017–21
- Table 20: United States gdp (current prices, $ billion), 2017–21
- Table 21: United States inflation, 2017–21
- Table 22: United States consumer price index (absolute), 2017–21
- Table 23: United States exchange rate, 2017–21
- List of Figures
- Figure 1: United States online music streaming market value: $ billion, 2017–21
- Figure 2: United States online music streaming market category segmentation: $ billion, 2017-2021
- Figure 3: United States online music streaming market geography segmentation: % share, by value, 2021
- Figure 4: United States online music streaming market value forecast: $ billion, 2021–26
- Figure 5: Forces driving competition in the online music streaming market in the United States, 2021
- Figure 6: Drivers of buyer power in the online music streaming market in the United States, 2021
- Figure 7: Drivers of supplier power in the online music streaming market in the United States, 2021
- Figure 8: Factors influencing the likelihood of new entrants in the online music streaming market in the United States, 2021
- Figure 9: Factors influencing the threat of substitutes in the online music streaming market in the United States, 2021
- Figure 10: Drivers of degree of rivalry in the online music streaming market in the United States, 2021
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