DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/6d8cfv/digital_music) has announced the addition of the "Digital Music Subscription Services: 2015" report to their offering.
Record companies will earn revenues of USD 7.2 billion from all digital formats in 2015, up from USD 6.6 billion in 2014. This figure will rise steadily to USD 10.3 billion by 2020. Meanwhile, the revenue earned from the sale of physical music formats will fall from USD 6.7 billion in 2015 to just USD 4.4 billion in 2020.
Within the digital music segment, subscription revenues will enjoy the strongest growth. Subscriptions will represent 29% of digital revenues in 2015 rising to over 50% by 2020, with a rising trend beyond.
This report offers an in-depth analysis of the worldwide subscription music market. The report contains very detailed forecasts for all three types of digital music: downloads, subscriptions and free, ad-supported music services.
To provide the reader with a complete picture the report also includes detailed projections for physical formats.
All of these forecasts are presented separately for each of 42 countries, with regional and worldwide totals also being provided.
A very detailed management report explains the analytical basis for the forecasts. The management report also contains extensive business-level analysis. All of the major forces that are shaping the worldwide subscription music market are included as are all the major players - Apple, Pandora, Spotify, Deezer, Samsung, Sony, Microsoft, Google, Tidal/Jay Z, and more.
Key Topics Covered:
1. Executive Summary
2. Analysis of Key Market Drivers
3. Detailed Analysis of Key Digital Music Companies
4. Factual Profiles of Selected Music Service Providers
- JB HiFi
- Tidal / Jay Z
For more information visit http://www.researchandmarkets.com/research/6d8cfv/digital_music