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Futuresource Streaming Music Outlook - Worldwide Aug 19
Music streaming subscriptions have continued their impressive uptake throughout 2018 and H1 2019, driving momentum in overall music market revenues. Existing services continue to drive growth, with the competitive environment being centred around a handful of key players in most markets, as they look to attract subscribers who are new to the category altogether and those switching services. With audio technology and hardware uptake continuing its impressive growth, music consumption globally is set to further increase over the foreseeable future.
This report provides insights and analysis relating to the overall music market but focuses on the overall streaming music subscription competitive landscape. Detailed market data for period 2015-2023 will be available in corresponding Excel datasheets.
An accompanying spreadsheet to this report highlights uptake of key services in H1 2019 in key countries.
Forecast consumer spend data is broken out for:
- Packaged music
- Pay-per-download singles and albums
- Streaming music subscriptions
Market forecasts refer to the legitimate market only and exclude piracy.
Subscriptions do not include free tiers, unless otherwise stated.
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Here at Futuresource Consulting we deliver specialist research and consulting services, providing market forecasts and intelligence reports. Since the 1980s we have supported a range of industry sectors, which has grown to include: CE, Broadcast, Entertainment Content, EdTech and many more.