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Global Background Music Market 2017-2021

No. of Pages: 69Published : 28 Jun 2017

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About Background Music Background music plays an important role in modern commercial and residential spaces. Retail stores, public transit, elevators, and malls are some of the major users of background music. This kind of music is intended for passive listening and helps in improving the ambience of places. It also positive influences a customer's mood, resulting in better shopping experiences for customers and retailers. The global background music market is fragmented with the presence of a large number of small and large vendors. Technavio?s analysts forecast the global background music market to grow at a CAGR of 3.69 % during the period 2017-2021. Covered in this report The report covers the present scenario and the growth prospects of the global background music market for 2017-2021. To calculate the market size, the report considers the revenue generated from the use of background music by the following end-users: ? Hospitality sector ? Retail sector ? Commercial buildings ? Public infrastructure ? Others Technavio's report, Global Background 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 ? Almotech Media Solutions ? Imagesound ? Mood Media ? NSM Music Group ? PlayNetwork Other prominent vendors ? CSI Music Services ? Easy On Hold ? HIBOU MUSIC ? Nimbletank ? SBA Music ? Sunflower Music Market driver ? Increase in hotel construction ? For a full, detailed list, view our report Market challenge ? Increased adoption of digital music ? For a full, detailed list, view our report Market trend ? Increase in number of concerts and live performances ? 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? You can request one free hour of our analyst?s time when you purchase this market report. Details are provided within the report.

 

Table of Content PART 01: Executive summary PART 02: Scope of the report PART 03: Research Methodology PART 04: Introduction ? Market outline ? Types of music by service ? Types of music fans PART 05: Market landscape ? Global background music market ? Five forces analysis PART 06: Market segmentation by end-user ? Global background music market by end-user ? Global background music market in hospitality sector ? Global background music market in retail sector ? Global background music market in commercial buildings ? Global background music market in public infrastructure ? Global background music market in other sectors PART 07: Buying criteria ? Buying criteria for background music PART 08: Geographical segmentation ? Global background music market by geography ? Background music market in Americas ? Background music market in EMEA ? Background music market in APAC PART 09: Key leading countries ? Key leading countries ? Background music market in US ? Background music market in UK ? Background music market in Japan PART 10: Decision framework PART 11: Drivers and challenges ? Market drivers ? Market challenges PART 12: Market trends PART 13: Vendor landscape ? Competitive scenario ? Key leading vendors ? Other prominent vendors PART 14: Appendix ? List of abbreviation List of Exhibits Exhibit 01: Share of global background music market in global music market 2016 (% share) Exhibit 02: Evolution of music industry Exhibit 03: Global music market by types of music fans 2016 (% share) Exhibit 04: Global background music market: Overview Exhibit 05: Global background music market 2016-2021 ($ millions) Exhibit 06: Five forces analysis Exhibit 07: Global background music market by end-user 2016-2021 (% revenue share) Exhibit 08: Global background music market by end-user: Revenue comparison 2016-2021 ($ millions) Exhibit 09: Global background music market by end-user: CAGR comparison 2016-2021 (%) Exhibit 10: Global background music market in hospitality sector 2016-2021 ($ millions) Exhibit 11: Global background music market in retail sector 2016-2021 ($ millions) Exhibit 12: Global background music market in commercial buildings 2016-2021 ($ millions) Exhibit 13: Global background music market in public infrastructure 2016-2021 ($ millions) Exhibit 14: Global background music market in other sectors 2016-2021 ($ millions) Exhibit 15: Buying criteria for background music Exhibit 16: Global background music market by geography 2016-2021 (% revenue share) Exhibit 17: Global background music market by geography: Revenue comparison 2016-2021 ($ millions) Exhibit 18: Global background music market by geography: CAGR comparison 2016-2021 ($ millions) Exhibit 19: Background music market in Americas 2016-2021 ($ millions) Exhibit 20: Background music market in EMEA 2016-2021 ($ millions) Exhibit 21: Background music market in APAC 2016-2021 ($ millions) Exhibit 22: Key leading countries in global background music market 2016 (% share) Exhibit 23: Background music market in US 2016-2021 ($ millions) Exhibit 24: Background music market in UK 2016-2021 ($ millions) Exhibit 25: Background music market in Japan 2016-2021 ($ millions) Exhibit 26: Other prominent vendors

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
 

 INFORMATION SOURCES:

Primary research - Manufacturers/Suppliers, Channel partners, Industry experts, Strategic decision makers
 

Secondary research - Technavio internal repository, Industry journals and periodicals, Government bodies, Annual reports of key stakeholders
 

DATA ANALYSIS:

Data synthesis - Collation of data, Estimation of key figure, Analysis of derived insights
 

Data validation - Triangulation with data models, Reference against proprietary databases, Corroboration with industry experts
 

REPORT WRITING

Qualitative analysis - Market drivers, Market challenges, Market trends, Five forces analysis
 

Quantitative analysis- Market size and forecast, Market segmentation, Geographical insights, Competitive landscape
 

Technavio’s database and industry-specific repositories are used for defining the hypothesis for the study, which is further fine-tuned through primary research involving industry experts. The success of our approach lies in the fact that we take the viewpoint of all stakeholders into consideration while analyzing an industry, and objectively assess each outlook. 
 

Report ID : MSF157225

Publisher Name : Technavio

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