40 likes | 46 Views
The European online music streaming market is anticipated to grow at a considerable CAGR during the forecast period (2020-2026). High smartphone penetration and high disposable income are some of the major factors for the growth of the market in the region. In addition, promotional offers such as discounts on premium subscription and free monthly trials are also boosting the market growth.
E N D
Orion Market Research European Online Music Streaming Market Share 2020: Trends, Key Players, Industry Analysis Report to 2026 Request a free sample of our report on European Online Music Streaming Market: https://www.omrglobal.com/request-sample/european-online-music-streaming-market ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
The European online music streaming market is anticipated to grow at a considerable CAGR during the forecast period (2020-2026). High smartphone penetration and high disposable income are some of the major factors for the growth of the market in the region. In addition, promotional offers such as discounts on premium subscription and free monthly trials are also boosting the market growth. Some platforms are providing free services with ads or an option to choose premium subscriptions, which is allowing users to easily switch to online streaming. Further, the huge array of the album, songs, and podcasts on these platforms and the use of AI & machine learning to customize a playlist and provide song recommendation is attracting a lot of young user bases. A https://www.omrglobal.com/industry-reports/european-online-music-streaming-market full report of European Online Music Streaming Market is available at: Besides, in 2020, due to the COVID-19 pandemic, most countries have declared lockdowns. This pushed people to opt for online streaming services. According to France-based Deezer SA, earlier 80% of the revenue was Telco-driven, of which the majority was coming from France. Now in 2020, 75% of the revenues are coming from self-pay subscribers, and France is less than 50% of revenues. Indicating a dramatic shift of user base, and a clear sign of significant growth. Furthermore, the availability of regional content, as well as the increasing popularity of live streaming platforms, is also fuelling the market growth. To learn more about this report request a free sample copy @ https://www.omrglobal.com/request- sample/european-online-music-streaming-market Market Coverage The market number available for – 2019-2026 Base year- 2019 Forecast period- 2020-2026 Segment Covered- oBy Service oBy Content-Type oBy Platform oBy End-User oBy Revenue Model Regions Covered- Europe Competitive Landscape- Amazon.com, Inc., Apple, Inc., Deezer SA, Google LLC., Spotify AB
Key questions addressed by the report What is the market growth rate? Which segment and country dominate the market in the base year? Which segment and country will project the fastest growth in the market? How COVID-19 impacted the market? oDeviation from the pre-COVID-19 forecast oMost affected region and segment Who is the leader in the market? How players are addressing challenges to sustain growth? Where is the investment opportunity? For more customized data, request for report customization @ https://www.omrglobal.com/report- customization/european-online-music-streaming-market European Online Music Streaming Market Report Segment By Service On-Demand streaming Live Streaming By Content-Type Audio Streaming Video Streaming By Platform Browsers Applications By End-User Residential Commercial By Revenue Model Subscription Advertisement
Company Profiles Amazon.com, Inc. Apple, Inc. Deezer SA Google LLC Musixmatch Qobuz SoundCloud Ltd. Tidal (Aspiro AB) Yandex NV Xandrie SA Reasons to Buying From us – 1.We cover more than 15 major industries, further segmented into more than 90 sectors. 2.More than 120 countries are for analysis. 3.Over 100+ paid data sources mined for investigation. 4.Our expert research analysts answer all your questions before and after purchasing your report. About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803-040-404