This report studies the global market size of Background Music in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Background Music in these regions. —
In 2017, the global Background Music market size was 1340 million US$ and is forecast to 2210 million US in 2025, growing at a CAGR of 6.4% from 2018. The objectives of this study are to define, segment, and project the size of the Background Music market based on company, product type, application and key regions.
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This research report categorizes the global Background Music market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
Background music is an integral part of modern commercial space like malls, retail stores, transit, elevators and other public spaces. This kind of music is intended for passive listening, and it helps in improving the ambience of the place. It is also seen to affect the customer's mood positively, resulting in better shopping experiences for the customers and the retailers. The increase in the number of commercial spaces, high preference for entertainment, and growth in the tourism sector are the major factors that are driving the market growth.
USA is one of the largest consumption countries of Background Music in the world in the past few years and it will keep increasing in the next few years. USA market took up about 31.34% global market in 2016, while Europe was 28.18%, and Japan is followed with the share about 9.75%.
Mood Media, PlayNetwork, TouchTunes, Usen Corporation, SiriusXM for Business and Pandora for Business are key service providers in Global background music market. The global background music market is highly competitive and fragmented due to the presence of quite a few providers. The providers compete on the basis of pricing, music library size, and genre to sustain in the market.
Each of the Background Music participants has its own mature sales networks. Through their authorized distributors or their partners, Background Music companies keep keen on expanding their Background Music sales. To achieve better sales businesses, Background Music providers usually invest on their marketing channel every year.
The various contributors involved in the value chain of Background Music include manufacturers, suppliers, distributors, intermediaries, and customers.
The key manufacturers in the Background Music include
• Mood Media
• Usen Corporation
• SiriusXM for Business
• Pandora for Business
• Easy on Hold
• Sunflower Music
• Xenon Music Media
• Express Melody
• Open Ear Music
• Auracle Sound
• Cloud Cover Music
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Market Size Split by Type
• Incidental music
• Furniture music
• Elevator music
• Video game and blog music
• Internet delivered background music
Market Size Split by Application
• Retail Stores
• Entertainment Places
• Public Organizations
Market size split by Region
• North America
• United States
• South Korea
• Central & South America
• Rest of Central & South America
• Middle East & Africa
• GCC Countries
• South Africa
Major Point from Table of Content:
Chapter One: Study Coverage
Chapter Two: Executive Summary
Chapter Three: Breakdown Data by Manufacturers
Chapter Four: Breakdown Data by Type
Chapter Five: Breakdown Data by Application
Chapter Six: North America
Chapter Seven: Europe
Chapter Eight: Asia Pacific
Chapter Nine: Central & South America
Chapter Ten: Middle East and Africa
Chapter Eleven: Company Profiles
11.1 Mood Media
11.4 Usen Corporation
11.5 SiriusXM for Business
11.6 Pandora for Business
11.9 Easy on Hold
11.10 Sunflower Music
11.12 Xenon Music Media
11.14 Express Melody
11.15 Open Ear Music
11.16 Auracle Sound
11.17 Cloud Cover Music
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