Global Background Music Market Research Report 2025
Summary – A new market
study, “Global Background Music Market Insights, Forecast to
2025”has been featured on Wise Guy Reports.
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.
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 and will reach 2210 million
US$ by the end of 2025, growing at a CAGR of 6.4% during 2019-2025. The
objectives of this study are to define, segment, and project the size of the
Background Music market based on company, product type, end user and key
regions.
This report studies the
global market size of Background Music in key regions like North America,
Europe, Asia Pacific, Central & South America and Middle East & Africa,
focuses on the consumption of Background Music in these regions.
This research report
categorizes the global Background Music market by top players/brands, region,
type and end user. This report also studies the global Background Music market
status, competition landscape, market share, growth rate, future trends, market
drivers, opportunities and challenges, sales channels and distributors.
The following
manufacturers are covered in this report, with sales, revenue, market share for
each company:
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
Market size by Product
Music Streaming
AV System Equipment
Market size by End User
Retail Stores
Cafes & Restaurants
Leisure & Hospitality
Public Organizations
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South
America
Brazil
Rest of Central &
South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of
this report are:
To study and analyze the
global Background Music market size (value & volume) by company, key
regions, products and end user, breakdown data from 2014 to 2018, and forecast
to 2025.
To understand the
structure of Background Music market by identifying its various subsegments.
To share detailed
information about the key factors influencing the growth of the market (growth
potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global
Background Music companies, to define, describe and analyze the sales volume,
value, market share, market competition landscape and recent development.
To project the value and
sales volume of Background Music submarkets, with respect to key regions.
To analyze competitive
developments such as expansions, agreements, new product launches, and
acquisitions in the market.
In this study, the years
considered to estimate the market size of Background Music are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to
2025
This report includes the
estimation of market size for value (million US$) and volume (K Units). Both
top-down and bottom-up approaches have been used to estimate and validate the
market size of Background Music market, to estimate the size of various other
dependent submarkets in the overall market. Key players in the market have been
identified through secondary research, and their market shares have been
determined through primary and secondary research. All percentage shares,
splits, and breakdowns have been determined using secondary sources and
verified primary sources.
For the data information
by region, company, type and application, 2018 is considered as the base year.
Whenever data information was unavailable for the base year, the prior year has
been considered.
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