Global Background Music Market (2020 to 2024) - Drivers, Challenges and Trends - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Background Music Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The publisher has been monitoring the global background music market and it is poised to grow by USD 82.22 mn during 2020-2024, progressing at a CAGR of 5% during the forecast period. The report on the global background music market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the demand for bgm in retail sector. In addition, growing use of bgm in public spaces is anticipated to boost the growth of the global background music market as well.

Key Trends for the global background music market growth

This study identifies growing use of bgm in public spaces as the prime reasons driving the global background music market growth during the next few years.

Prominent vendors in global background music market

The publisher provides a detailed analysis of around 25 vendors operating in the global background music market, including some of the vendors such as Almotech Ltd., AMI Entertainment Network LLC, Imagesound Ltd., Mood Media Corp., NSM Music, PlayNetwork Inc., Qsic Pty Ltd., Rockbot Inc., Sirius XM Holdings Inc. and SOUNDMACHINE .

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Key Topics Covered:

1. Executive Summary

• Market Overview

2. Market Landscape

• Market ecosystem
• Value chain analysis

3. Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

4. Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

5. Market Segmentation by End-user

• Market segments
• Comparison by End user placement
• Hospitality - Market size and forecast 2019-2024
• Retail - Market size and forecast 2019-2024
• Commercial buildings - Market size and forecast 2019-2024
• Public infrastructure - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by End user

6. Customer landscape

• Overview

7. Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

8. Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

9. Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

10. Vendor Analysis

• Vendors covered
• Market positioning of vendors

Companies Mentioned

• Almotech Ltd.
• AMI Entertainment Network LLC
• Imagesound Ltd.
• Mood Media Corp.
• NSM Music
• PlayNetwork Inc.
• Qsic Pty Ltd.
• Rockbot Inc.
• Sirius XM Holdings Inc.
• SOUNDMACHINE
  

For more information about this report visit https://www.researchandmarkets.com/r/8ydqtx