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Cloud Mobile Music Services Market to Reach at a CAGR of 7.40% by 2022


Global Cloud Mobile Music Services Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Cloud Mobile Music Services Market.

Companies Mentioned are Alphabet, Amazon, Apple, Spotify, Aspiro, Deezer, Guvera, Gamma Gaana, Microsoft, Rhapsody International, Saavn, Stingray Digital Media Group, and TriPlay.

The global Cloud Mobile Music Services market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.

This independent 66 page report guarantees you will remain better informed than your competition. With over 150 tables and figures examining the Cloud Mobile Music Services market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Cloud Mobile Music Services in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.

The report provides a basic overview of the Cloud Mobile Music Services industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Commenting on the report, an analyst from MIR’s team said: “The latest trend gaining momentum in the market is rising popularity of analytics in the music industry. Record companies are heavily investing in curators, editors, and data analytics systems to provide a customized music experience. Cloud mobile music service providers are also following the same trend. Data analytics services help in identifying music preferences (of the users) and are widely used in music streaming services. The streaming service providers are also investing in intelligent music recommendations. In 2014, Spotify acquired Echo Nest (a company that provides acoustic fingerprinting services) to emphasize the use of analytics. Vendors focus on creating intelligent music platforms that combine social curation and algorithm.”

According to the report, one of the major drivers for this market is increasing use of smartphones and cloud services. There is an increasing demand for mobile devices and cloud services among the consumers and service providers. The growing popularity of smartphones drives the demand for cloud services in the global mobile music industry. The rising number of mobile sites and mobile applications help the music subscription services vendors in growing their customer base. Vendors are also introducing various domestic mobile applications through the cloud, which help in streaming and downloading music. Music is one of the most used applications in mobile devices after social media and emails.

Further, the report states that one of the major factors hindering the growth of this market is music piracy leading to huge losses. Piracy or counterfeiting hinders the growth in the global cloud mobile music services market. Service providers find it challenging to prevent the sharing, copying, and downloading of music from illegal online sources. Widespread music piracy and illegal downloading lead to huge losses in the music industry. In addition, it is estimated that a quarter of the Internet users are accessing music illegally, either through peer-to-peer systems, such as BitTorrent, or downloading music from websites, blogs, and stream-ripping applications.

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 a SWOT analysis of the key vendors.

Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Cloud Mobile Music Services industry development trends and marketing channels are analyzed.

The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Cloud Mobile Music Services on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Cloud Mobile Music Services Market and assist manufacturers and investment organization to better grasp the development course of Cloud Mobile Music Services Market.

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