global cloud mobile music services market 2015 2019
TRANSCRIPT
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Global Cloud Mobile Music Services Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
Technavio’s Senior Analyst says, “Cloud-based music services make it easier to enforce music copyright laws because these services give consumers a convenient way to switch to licensed music providers, thereby helping the recorded music industry to combat piracy. Music on the cloud has also helped to increase the royalty payments received by artists as the market has shifted from physical music sales to an online paid subscription model.”
• The music industry is undergoing a digital revolution driven by cloud-based online music, where consumers can access music anytime from anywhere. The industry is moving from a la carte ownership model toward subscription and ad-supported music, which would change consumers’ listening habit and would prompt them to experiment more with new music. This would result in an extended reach of music to a wider population.
• Technavio's analysts forecast the global cloud mobile music services market to grow at a CAGR of 10.21% over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global Cloud Mobile Music Services Market 2015-2019
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Vendors
To understand the vendor landscape and for a full list of vendors view our report:
Global Cloud Mobile Music Services Market 2015-2019
Amazon.com
Apple
CBS
Amazon.com was incorporated in 1994. It is headquartered in Seattle, Washington, US. It is an e-commerce company, which serves customers comprising consumers, enterprises, sellers, and content creators.
In terms of revenue, Apple is the world's second largest IT company. The company was incorporated in 1977 as a PC developer and manufacturer and is headquartered in Cupertino, California, US.
CBS is a mass media company that creates and distributes content across various platforms around the world.
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Market Landscape
• The growing popularity of online music is offering opportunities for many online music service providers in the global market.
• Major vendors, primarily in the US, Japan, and the EU, are directing their efforts toward acquiring a larger share of the global market and are investing heavily in R&D.
• Currently, developed economies are generating nearly three-quarters of the revenue in this market, but growth is becoming broader as the market scope expands to incorporate emerging countries, and this is accelerating market growth.
• Therefore, globalization of the market is set to enhance the revenue of cloud mobile music services providers during the forecast period.
• Competition in the global cloud mobile music services market is high, especially between major vendors such as Apple, Amazon, and Google.
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Key Buying CriteriaGuest Bloggers
• Authenticity • Delivery • Price• Service
Support
Parameter Details
Accessibility Accessibility when storing or listening to music via the cloud should be as easy and quick as possible.
Fee The fee charged by service providers should be nominal.
Interface The interface of applications used to listen music should be user-friendly.
Music Collection A large number of songs should be available in the database.
Storage Capacity The storage capacity in the cloud should be affordable for users.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Global Cloud Mobile Music Services Market 2015-2019
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