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Global Music Streaming Market 2017-2021 | Free Music Streaming Segment Dominates the Global Market | Technavio
[October 18, 2018]

Global Music Streaming Market 2017-2021 | Free Music Streaming Segment Dominates the Global Market | Technavio


According 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 ...

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:



  • Free music streaming
  • Paid (News - Alert) music streaming

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 Outline
  • Global Music Streaming Market Overview

Market Insights

  • Market Sizing and Forecasts
  • Market Growth
  • Market Drivers and Challenges
  • Key Emerging Trends

Market Segmentation Analysis

  • Regional comparison (APAC, Americas, and EMEA)
  • Key leading countries
  • Market segmentation by streaming type (free music streaming and paid music streaming)
  • Market segmentation by streaming end-user (individual user and commercial user)

Vendor Landscape

  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario
  • Analysis of top vendors (Apple, Deezer, Google, iHeartMedia, Pandora Media, and Spotify (News - Alert))

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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