Market Reports Center One Stop Market Reaserch Shop Music Streaming Market Share, Size, Emerging Trends and Growth, Analysis, Overview and Forecasts 2016-2020 Technavio Announces the Publication of its Research Report – Global Music Streaming Market 20162020 Technavio recognizes the following companies as the key players in the global music streaming market: Apple, Deezer, Google, iHeartMedia, Pandora, and Spotify. Other Prominent Vendors in the market are: CBS, Clear Channel Radio, Gaana.com, Grooveshark, Guvera, Hungama MyPlay, JB Hi-Fi Pty, Line, Mixcloud, News, RadioTime, Rara, Rhapsody, Saavn, and SoundCloud. Commenting on the report, an analyst from Technavio’ s team said: “Globalization of the music streaming market is a key trend for this market. Music streaming service is becoming a global service due to evolving technology infrastructure and accessibility. Key vendors, especially from the US, Japan, and the EU, are investing heavily in research and directing their efforts to acquire a larger share in the global music streaming market. Developing countries are also slowly entering the streaming market. Old and new vendors will compete during the forecast period to increase the revenues and growth of global music streaming services.” Browse full report with TOC@ https://marketreportscenter.com/reports/344080/global-musicstreaming-market-2016-2020 According to the report, increased usage of smart devices is a key driver for this market. Smartphones and tablets have established themselves as necessary gadgets for consumers worldwide. Users mostly access music on their personal devices while traveling. Therefore, the increasing penetration of smart devices at the global level will result in the market's rapid growth. Market Reports Center One Stop Market Reaserch Shop Further, the report states that intense competition and inconsistent user preference is a challenge to market growth. Competition among global music streaming service providers is very intense, especially in developing countries. The markets in the developing countries like India are highly fragmented with the presence of global and domestic players, leading to price wars among mobile application vendors since cost is one of the major differentiating factors for consumers in these countries. Further intensifying the competition is the fluctuating consumer preferences. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. About Music Streaming Online music streaming enables real-time, uninterrupted access to music without downloading the files. Users can legally access high-quality songs for free for a pre-defined period or by paying a nominal subscription fee. The major advantage of the paid service is that it provides users with ad-free service. Emerging music streaming sites, high-speed internet, cloud technologies, changing customer needs, demand for real-time music access, and innovation in services are adding to the popularity and success of music streaming market. Technavio’ s analysts forecast the global music streaming market to grow at a CAGR of 13.31% during the period 2016-2020. Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/344080 Covered in this report The report covers the present scenario and the growth prospects of the global music streaming market for 2016-2020. For calculating the market size, the report considers the revenue generated from the music streaming market by region. The market is divided into the following segments based on geography: • Americas • EMEA • APAC Technavio's report, Global Music Streaming Market 2016-2020, 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. To Get Discount On The Report @ https://marketreportscenter.com/request-discount/344080 Market Reports Center One Stop Market Reaserch Shop Connect for more details: Sam Collins Market Reports Center 1-646-883-3044 (US) [email protected]

According to the report, increased usage of smart devices is a key driver for this market. Smartphones and tablets have established themselves as necessary gadgets for consumers worldwide. Users mostly access music on their personal devices while traveling