Background Music Market : Leading Players Analysis Report 2024
The Global Background Music Market Growth 2019-2024 is a research report available at DecisionDatabases.com.
Background music is an integral part of modern commercial space like malls, retail stores, transit, elevators and other public spaces. This kind of music is intended for passive listening, and it helps in improving the ambience of the place.
Based on regions, North America and Europe are relatively mature market which are navigating the market. In 2018, total North America Background Music Market Size is estimated to be 596 Million USD, growing at a CAGR of 6.45% from 2013. Total Europe Background Music Market Size is estimated to be 388 Million USD, growing at a CAGR of 6.69% from 2013. APAC is expected to be the fastest growing market, especially for the rapid growing Japan, China and India market.
According to this study, over the next five years the Background Music market will register a 6.5% CAGR in terms of revenue, the global market size will reach US$ 1960 million by 2024, from US$ 1340 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Background Music business, shared in Chapter 3.
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The key manufacturers covered in this report:
- Mood Media
- PlayNetwork
- TouchTunes
- Usen Corporation
- SiriusXM for Business
- Pandora for Business
- Almotech
- Imagesound
- NSM Music.
- CSI Music
- Easy on Hold
- Sunflower Music
- Soundjack
- Xenon Music Media
- Soundtrack Your Brand
- Jamendo Listening
- Heartbeats International
- SoundMachine
- Rockbot
- Jukeboxy
- Cloud Cover Music
- Custom Channels
- Auracle Sound
- Brandtrack
- Kasimu
- Soundreef
- Express Melody
- Qsic
- StorePlay
- Open Ear Music
Segmentation by product type:
- Music Streaming
- AV System Equipment
Segmentation by application:
- Retail Stores
- Cafes & Restaurants
- Leisure & Hospitality
- Public Organizations
- Others
This report also splits the market by region:
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- …….
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Research objectives
- To study and analyze the global Background Music consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Background Music market by identifying its various subsegments.
- Focuses on the key global Background Music manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Background Music with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Background Music submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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