October 23, 2020

Global Background Music Market Industry Analysis, Size, Share and Growth Trends 2025

Summary - A new market study, titled “Global Background Music Market Research Report 2019” has been featured on WiseGuyReports.

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. It is also seen to affect the customer's mood positively, resulting in better shopping experiences for the customers and the retailers. The increase in the number of commercial spaces, high preference for entertainment, and growth in the tourism sector are the major factors that are driving the market growth.

ALSO READ: https://www.newsmaker.com.au/news/378349/background-music-market-2020-global-industry-key-players-size-trends-opportunities-growth-analysis-and-forecast-to-2026#.Xz48plUzaM8

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.

The global Background Music market is valued at 1340 million US$ in 2018 is expected to reach 2210 million US$ by the end of 2025, growing at a CAGR of 6.4% during 2019-2025.

This report focuses on Background Music volume and value at global level, regional level and company level. From a global perspective, this report represents overall Background Music market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

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

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Music Streaming

AV System Equipment

Segment by Application

Retail Stores

Cafes & Restaurants

Leisure & Hospitality

Public Organizations

Others

FOR MORE DETAILS: https://www.wiseguyreports.com/reports/3737212-global-background-music-market-research-report-2019

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