Online Music Streaming in the United Kingdom (UK) - Market Summary, Competitive Analysis and Forecast to 2025
Online Music Streaming in the United Kingdom (UK) - Market Summary, Competitive Analysis and Forecast to 2025Summary
Online Music Streaming in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The online music streaming market consists of revenues generated from music and music video streaming. Revenues are made up from subscription service charges and ad-supported streams. All currency conversions are carried out at constant annual average 2020 exchange rates.
- The UK online music streaming market had total revenues of $1.7bn in 2020, representing a compound annual growth rate (CAGR) of 34.1% between 2016 and 2020.
- The subscription services segment was the market's most lucrative in 2020, with total revenues of $1.6bn, equivalent to 93.1% of the market's overall value.
- UK online music streaming increased by 20% during lockdown. As a result, online music streaming accounting for over 80% of overall music consumption in 2020 with audio streams up to 139 billion from 114 billion in 2019.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the online music streaming market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the online music streaming market in the United Kingdom
- Leading company profiles reveal details of key online music streaming market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom online music streaming market with five year forecasts
Reasons to Buy
- What was the size of the United Kingdom online music streaming market by value in 2020?
- What will be the size of the United Kingdom online music streaming market in 2025?
- What factors are affecting the strength of competition in the United Kingdom online music streaming market?
- How has the market performed over the last five years?
- How large is the United Kingdom’s online music streaming market in relation to its regional counterparts?
MarketLine, a world-leading provider of commercial intelligence, has over 400 experienced analysts, consultants, and researchers with regional and sector expertise in market sizing, competitor tracking, socio and macro economics, and business drivers.
For more than 15 years MarketLine has supported the research needs of investment banks, corporations, professional services firms, and academia with a unique mix of company, industry, country, city and financial data for every major industry and marketplace.
MarketLine’ holistic business intelligence report collection includes:
Industry Intelligence
‒ Industry Profiles
‒ Market Forecasts
‒ Porter’s Five Forces Analysis
Company Intelligence
‒ Company Profiles
‒ SWOT Analysis
‒ Financial Deals
Country and City Intelligence
‒ Country and City Profiles
‒ PEST/PESTLE Analysis
‒ Socio and macro-economic indicators
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.