The global music market had its strongest performance for over 12 years in 2015 in terms of year-on-year performance, as the market finally “bottomed out”. Whilst there are multiple drivers behind this, the growth in streaming music services has been a key contributor to the more recent reversal of fortunes, as many consumers move from an ownership to access mentality.
This report provides insights and analysis relating to the overall music market. Including forecast consumer spend data broken out for:
- Packaged music
- Pay-per-download singles and albums
- Streaming music subscriptions
The report also provides detailed coverage of the growth in streaming music services, with a review of the key competitors in major markets and the challenges that face the sector.