US Music Streaming Services Industry Research 2024: Queued Up!!! - Increased Internal Competition will Affect Industry Profit Growth
Dublin, May 10, 2024 (GLOBE NEWSWIRE) -- The "Music Streaming Services in the US - Industry Market Research Report" report has been added to * ResearchAndMarkets.com's* offering.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Music Streaming Services industry has become one of the fastest growing domestic industries over the past decade. This demand spurred innovation in the early 2000s and 2010s, leading to the creation of major competing enterprises that characterize the industry today. These brands have benefited from first-to-market access, enabling them to build a significant user base in a short period of time. Still, competition has intensified in recent years, driven by substantial revenue growth since the industry's conception.
Therefore, industry revenue has increased at an expected CAGR of 9.9% to reach an estimated $17.7 billion in 2023, when revenue is set to grow 4.8%. Companies in this industry provide infrastructure for customers to listen to music via the internet. Music streaming services generate revenue through ad-support and paid subscription music services.
*Key Topics Covered:*
*ABOUT THIS INDUSTRY*
· Industry Definition
· Main Activities
· Similar Industries
· Additional Resources
*INDUSTRY AT A GLANCE*
*INDUSTRY PERFORMANCE*
· Executive Summary
· Key External Drivers
· Current Performance
· Industry Outlook
· Industry Life Cycle
*PRODUCTS & MARKETS*
· Supply Chain
· Products & Services
· Demand Determinants
· Major Markets
· International Trade
· Business Locations
*COMPETITIVE LANDSCAPE*
· Market Share Concentration
· Key Success Factors
· Cost Structure Benchmarks
· Basis of Competition
· Barriers to Entry
· Industry Globalization
*MAJOR COMPANIES*
*OPERATING CONDITIONS*
· Capital Intensity
· Technology & Systems
· Revenue Volatility
· Regulation & Policy
· Industry Assistance
*KEY STATISTICS*
· Industry Data
· Annual Change
· Key Ratios
*JARGON & GLOSSARY**A selection of companies mentioned in this report includes, but is not limited to:*
· Spotify Technology S.A.
· Alphabet Inc.
· Sirius Xm Radio Inc.
· Amazon.Com, Inc.
· Apple Inc.
For more information about this report visit https://www.researchandmarkets.com/r/51c45f
*About ResearchAndMarkets.com*
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