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Global Music Streaming Market 2017-2021 | Free Music Streaming Segment Dominates the Global Market | TechnavioAccording to the market research report released by Technavio, the global music streaming market is expected to accelerate at a CAGR of over 14% during the forecast period. High growth in mobile ad spending market is one of the key factors triggering the growth of the market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181018005637/en/ According to the market research report released by Technavio, the global music streaming market is expected to accelerate at a CAGR of over 14% until 2021. (Graphic: Business Wire) This research report titled 'Global Music Streaming Market 2017-2021' provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions. This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing <> The market research analysis categorizes the global music streaming market into the following streaming type:In 2016, the free music streaming segment accounted for 82% of the global market and is projected to decrease to 66% by 2021, exhibiting almost a 16% decline in market share. Global music streaming market: Top emerging trend The advent of smart speakers is an emerging trend in the music streaming market space. These speakers allow individuals to control music using iOS and Android (News - Alert) apps and enjoy music around the house with the multi-room listening feature. It also allows them to control their smart homes, help them with setting alarms, to-dos, and reminders, stream music and podcasts, and gather information on weather, news, and business. The launch of smart speakers by various vendors will positively influence the market in the forthcoming years. Looking for more information on this market? Request a free sample report Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. Technavio's report provides expert market research on the following topics: Executive Report
Market Insights
Market Segmentation Analysis
Vendor Landscape
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View source version on businesswire.com: https://www.businesswire.com/news/home/20181018005637/en/ |