Global Music Market 2017-2021




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About Music

The global music market consists of physical music copies, digital music, music publishing and concerts. Physical music copies segment is the fastest-declining segment. However, this offset is balanced by the popularity of digital music.

Technavios analysts forecast the global music market to grow at a CAGR of 8.93% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global music market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of concert tickets, digital music, music publishing, and physical music copies.

The market is divided into the following segments based on geography:

Technavio's report, Global Music Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
BMG Rights Management
Kobalt Music Group
Sony/ATV Music Publishing
Universal Music Group
Warner Music Group

Other prominent vendors
Pandora Radio
Apple Music
Aspiro Group
Curb Records
Disney Music
Fox Music
Imagem Music
Wrensong Entertainment

Market driver
Increasing adoption of digital music
For a full, detailed list, view our report

Market challenge
Lack of ownership in music streaming
For a full, detailed list, view our report

Market trend
Growth in global mobile ad spending market
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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