Market Highlights: Mobile Streamed Music is a way of delivering sound that includes music without any need of download files from the internet. Mobile Streamed Music market is expected to mark significant growth over forecasted period owing to increasing consumers spending on subscription based streaming devices and technological advancement. There has been significant rise in number of people using variety of music with figure stood up to 80% in United States alone in 2018, so the future for mobile streamed music looks promising. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on fastest-growing verticals in the media and entertainment sector. Further, increasing demand for the apple music and iTunes expected to drive the market growth over the forecasted period. The market study is being classified by Type (Rugged Live Streaming and On-Demand Streaming), by Application (Residential and Commercial) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Mobile Streamed Music are Apple Inc. (United States), Google Inc. (United States), Microsoft Corp. (United States), Pandora Media Inc. (United States), Rdio Inc. (United States), Sony Corp. (Japan), Spotify AB (Sweden), TuneIn (United States) and Aspiro (Norway).
Major Market Development Highlights In December 2018, Apple's acquired platoon, a London based company. This acquisition is beneficial in providing original content that might be release music either exclusively or for a period of exclusivity on the music streaming service. In May 2018, Youtube launched a music streaming service which is beneficial in providing strategic disincentive at U.S, Australia, New Zealand, Mexico and South Korea.
Key Questions Answered in the Report What will the Mobile Streamed Music Market size and the growth rate be in Future? What are the key factors driving the Mobile Streamed Music Market? What are the key market trends and macro-economic impacting the growth of the Mobile Streamed Music Market? What are the challenges to market growth? Who are the key vendors in the Mobile Streamed Music Market? What are the market opportunities and threats faced by the vendors in the Mobile Streamed Music Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Mobile Streamed Music Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Mobile Streamed Music market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Mobile Streamed Music market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Mobile Streamed Music Manufacturers, Mobile Streamed Music Traders, End-Use Market Participants of Different Segments of Mobile Streamed Music, Government and Research Organizations, R&D Institutions and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.