Global Mobile Music Streaming Market to grow at a CAGR of 28.07% over the period 2014-2019; Finds New Report

Report forecast the global mobile music streaming market to grow at a CAGR of 28.07% over the period 2014-2019.

Mobile music streaming refers to the service that enables users to stream and listen to music/songs using a device connected to the Internet. Service providers purchase digital rights from music recording companies and based on the subscription type, users can access tracks listed on the service provider's application and website. Many service providers offer online radio streaming services. The user can also download music and playlists directly to their devices for offline listening on the go without using the Internet. 

This report covers the present scenario and growth prospects of the global mobile music streaming market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from mobile music streaming services. This includes both ad-based and ad-free services. The market calculation, however, is limited to content and services accessed via cell phones.

According to the report, Mobile music streaming is now a global phenomenon with advances in connectivity and increased use of the Internet. The market has grown owing with a surge in subscription-based services. The integration of music streaming applications with social media platforms, such as Facebook, has significantly increased music subscriptions worldwide.

Further, the report states that data security is a concern for the market. Vendors are highly dependent on the Internet, which makes the market vulnerable and prone to security-related issues. Security breaches resulting from human errors and malicious intent may lead to disclosure of customers' confidential information.

Global Mobile Music Streaming Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

key players in the Global Mobile Music Streaming Market: Apple Inc., Deezer, Google Inc., Microsoft Corp., Pandora Media Inc., Rdio Inc. and Spotify Ltd.

Other Prominent Vendors in the market are: CBS, Clear Channel Radio, Gaana.com, Grooveshark, Guvera, Hungama MyPlay, iHeartMedia, JB Hi-Fi, Line, Mixcloud, News, RadioTime, Rara, Rhapsody, Saavn, Samsung Music Hub, Slacker Radio and SoundCloud

Key Regions

• APAC
• EMEA
• Latin America
• North America

Market Driver

• Increase in Number of Subscription Services
• For a full, detailed list, view our report

Market Challenge

• Issues with Data Security
• For a full, detailed list, view our report

Market Trend

• Increase in M&A
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 86 pages and 32 Exhibits “Global Mobile Music Streaming Market 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Description, Geographical Segmentation, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/4Lk

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