India Music Streaming Market By Type Competition Forecast & Opportunities 2023 | TechSci Research
India music streaming market is projected to exhibit a CAGR of more than 22% through 2023, on the back of various government initiatives aimed at providing better digital infrastructure in the country. Moreover, rising smartphone and internet penetration, growing focus of music streaming companies on Tier II and Tier III cities, and availability of high network speed are among the key factors that are expected to boost demand for music streaming services in the country during forecast period. Emergence of technologies such as smart home assistants and smart speakers are anticipated to further aid India music streaming market over the course of next five years.
Years considered for this report:
Historical Years: 2013-2016
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2019-2023
Objective of the Study:
- To define, classify and forecast India music streaming market on the basis of type, language, revenue generation and regional distribution.
- To analyze and forecast the market size of music streaming in India.
- To scrutinize detailed market segmentation and forecast the market size, in terms of value, by segmenting the country’s market into four regions, namely, North, South, East and West.
- To identify major drivers, challenges and trends in India music streaming market.
- To strategically profile leading players operating in India music streaming market.\
Click here to download the brochure:
https://www.techsciresearch.com/sample-report.aspx?cid=3163
Major players operating in India music streaming market are Google India Private Limited, Saavn Media Pvt. Ltd., Gamma Gaana Ltd., Hungama Digital Media Entertainment Pvt. Ltd., Wynk Limited, Reliance Jio Infocomm Limited, Apple India Private Limited, SoundCloud Ltd. (Germany), Amazon India Ltd., Pindrop Music App Pvt. Ltd, etc.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci research sourced a list of countrywide music streaming service providers. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. TechSci Research further analyzed the offerings and regional presence of major market players.
TechSci Research calculated India music streaming market size using a top-down and bottom-up approach, where data for different segments was recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and these were externally validated through analyzing historical data of music streaming service providers to arrive at the overall market size. Various secondary sources such as World Bank website, government websites, press releases, white papers, annual reports, etc., were also analyzed by TechSci Research.
Key Target Audience:
- Music Labels and other stakeholders
- Associations, organizations, forums and alliances related to music streaming
- Government bodies such as regulating authorities and policy makers
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as music streaming providers, customers and policy makers. The study would also help them to target the growing segments over the coming years and aid them in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, India music streaming market has been segmented into the following categories in addition to the industry trends which have also been detailed below:
- Market, by Type:
- Streaming
- Download
- Market, by Revenue Generation:
- Freemium
- Subscription
- Ad-supported
- Market, by Language:
- Hindi
- English
- Others
- Market, by Region:
- South
- West
- North
- East
Competitive Landscape
Company Profiles: Detailed analysis of the major companies operating in the music streaming market in India.
Additional Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
- Further segmentation on the basis of region
Comments
Post a Comment