South America Music Streaming Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Content Type (Audio Streaming and Video Streaming), Streaming Type (Live Streaming and On-demand Streaming), and End User (Commercial and Individual)
Market Introduction
The scope of the digital music streaming websites is taking over the musical scenario. Owing to the availability of cloud technology, regional music offerings, increased smartphone adoption, advanced streaming applications, and lesser cost of data are some of the major aspects transforming the entire landscape of music streaming. Spotify, Apple music, Amazon music unlimited, and YouTube music are some of the prominent online music streaming services prevailing in the SAM market. The application of music platforms is majorly adopted within the age group up of 18to 30years, as the individuals of this group are willing to invest high value on music streaming. Targeting new demographics would potentially raise service subscriptions and revenue of the providers. Additionally, consistent increase in on-demand streaming and accessibility of regional content on digital platforms will help the market to further grow and provide growth opportunities to the providers prevailing in the SAM music streaming market. Factors like growing number of music subscribers as well as regional content availability is expected to create a significant demand for music streaming in the coming years, which is further anticipated to drive the SAM music streaming market. Furthermore, in case of COVID-19, Brazil has the highest number of COVID-19 cases, followed by Ecuador, Chile, Peru, and Argentina, among others. The government of SAM has taken an array of actions to protect their citizens and contain COVID-19’s spread. SAM is one of the most promising markets in music streaming. Vendors are taking strategic initiatives to increase the number of subscribers during the COVID-19 pandemic in SAM. The coronavirus outbreak's impact is anticipated to be quite severe in the year 2020 and likely in 2021. Hence, the ongoing COVID-19 crisis and critical situation will impact the music streaming market growth of the SAM region for the next few quarters.
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Market Overview and Dynamics
The music streaming market in SAM is expected to grow from US$ 1235.4 million in 2019 to US$ 2782.0 million by 2027; it is estimated to grow at a CAGR of 10.4 % from 2020 to 2027.Scope of on- demand streaming is expected to surge the SAM music streaming market growth. The on-demand streaming enables the consumer to retrieve large catalogue of music online with minimal subscription fee. The number of consumers in SAM making payments for purchasing subscription of on-demand streaming such as Apple music or Spotify has been increased. Rise in the number of music subscribers has resulted into growing demand for on-demand streaming services. The promotions and popularity of family plans in digital music platforms such as Spotify, Apple, Alphabet, and Amazon has benefited the consumers. At present, the on-demand streaming is one of the most preferred services, as they use network infrastructure and on-demand audio streaming software to stream media files. Owing to exploration in on-demand streaming, there is significant increase in the number of subscribers. Advantages of on-demand streaming such as less subscription fees, large catalogue, different membership plans etc. is expected to increase its demand in coming year, which will drive the SAM music streaming market.
Key Market Segments
In terms of content type, the audio streaming segment accounted for the largest share of SAM music streaming market in 2019. In terms of streaming type, the on – demand streaming segment held a larger market share of the SAM music streaming market in 2019. Further, the individual segment held a larger share of the market based on end user in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the music streaming market in SAM are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Amazon.com, Inc.; Apple, Inc.; Deezer; Google LLC; Spotify Technology S.A.
Reasons to buy report
- To understand the SAM music streaming market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM music streaming market
- Efficiently plan M&A and partnership deals in SAM music streaming market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM music streaming market.
- Obtain market revenue forecast for market by various segments from 2020-2027 in SAM region.
SAM Music Streaming Market Segmentation
By Streaming Type
By End User
- Commercial
- Individual
By Country
- Brazil
- Argentina
- Rest of SAM
Company Profiles
- Amazon.com, Inc.
- Apple, Inc.
- Deezer
- Google LLC
- Spotify Technology S.A.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Music Streaming Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.2.1 SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM Music Streaming Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Popularity of Digital Music Streaming Websites
5.1.2 Growing Number of Music Subscribers
5.2 Key Market Restraints
5.2.1 Availability of Cost Free Digital Music Platforms
5.3 Key Market Opportunities
5.3.1 Scope of On-Demand Streaming
5.4 Future Trends
5.4.1 Accessibility of Regional Content
5.5 Impact Analysis of Drivers and Restraints
6. Music Streaming Market– SAM Analysis
6.1 SAM Music Streaming Market Overview
6.2 SAM Music Streaming Market– Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Five Key Players
7. SAM Music Streaming Market Analysis – By Content Type
7.1 Overview
7.1.1 SAM Music Streaming Market Breakdown, by Content Type, 2019 & 2027
7.2 Audio Streaming
7.2.1 Overview
7.2.2 Audio Streaming Market Revenue and Forecast to 2027 (US$ Million)
7.3 Video Streaming
7.3.1 Overview
7.3.2 Video Streaming Market Revenue and Forecast to 2027 (US$ Million)
8. SAM Music Streaming Market Analysis – By Streaming Type
8.1 Overview
8.2 SAM Music Streaming Market Breakdown, by Streaming Type, 2019 & 2027
8.3 Live Streaming
8.3.1 Overview
8.3.2 Live Streaming Market Revenue and Forecast to 2027 (US$ Million)
8.4 On-demand Streaming
8.4.1 Overview
8.4.2 On-demand Streaming Market Revenue and Forecast to 2027 (US$ Million)
9. SAM Music Streaming Market Analysis – By End User
9.1 Overview
9.2 SAM Music Streaming Market Breakdown, by End User, 2019 & 2027
9.3 Commercial
9.3.1 Overview
9.3.2 Commercial Market Revenue and Forecast to 2027 (US$ Million)
9.4 Individual
9.4.1 Overview
9.4.2 Individual Market Revenue and Forecast to 2027 (US$ Million)
10. SAM Music Streaming Market – Country Analysis
10.1 Overview
10.1.1 SAM: Music Streaming Market, by Key Country
10.1.1.1 Brazil: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 Brazil: Music Streaming Market, by Content Type
10.1.1.1.2 Brazil: Music Streaming Market, by Streaming Type
10.1.1.1.3 Brazil: Music Streaming Market, by End User
10.1.1.2 Argentina: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 Argentina: Music Streaming Market, by Content Type
10.1.1.2.2 Argentina: Music Streaming Market, by Streaming Type
10.1.1.2.3 Argentina: Music Streaming Market, by End User
10.1.1.3 Rest of SAM: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.3.1 Rest of SAM: Music Streaming Market, by Content Type
10.1.1.3.2 Rest of SAM: Music Streaming Market, by Streaming Type
10.1.1.3.3 Rest of SAM: Music Streaming Market, by End User
11. SAM Music Streaming Market - COVID-19 Impact Analysis
11.1 Overview
12. Industry Landscape
12.1 Market Initiative
13. Company Profiles
13.1 Amazon.com, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Google LLC
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Deezer
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Apple, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Spotify Technology S.A.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. SAM Music Streaming Market– Revenue and Forecast to 2027 (US$ Million)
Table 2. Brazil: Music Streaming Market, by Content Type – Revenue and Forecast to 2027 (US$ Million)
Table 3. Brazil: Music Streaming Market, by Streaming Type – Revenue and Forecast to 2027 (US$ Million)
Table 4. Brazil: Music Streaming Market, by End User – Revenue and Forecast to 2027 (US$ Million)
Table 5. Argentina: Music Streaming Market, by Content Type – Revenue and Forecast to 2027 (US$ Million)
Table 6. Argentina: Music Streaming Market, by Streaming Type – Revenue and Forecast to 2027 (US$ Million)
Table 7. Argentina: Music Streaming Market, by End User – Revenue and Forecast to 2027 (US$ Million)
Table 8. Rest of SAM: Music Streaming Market, by Content Type – Revenue and Forecast to 2027 (US$ Million)
Table 9. Rest of SAM: Music Streaming Market, by Streaming Type – Revenue and Forecast to 2027 (US$ Million)
Table 10. Rest of SAM: Music Streaming Market, by End User – Revenue and Forecast to 2027 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. SAM Music Streaming Market Segmentation
Figure 2. SAM Music Streaming Market Segmentation – By Country
Figure 3. SAM Music Streaming Market Overview
Figure 4. Audio Streaming Segment Held the Largest Share During Forecast Period
Figure 5. On-demand Streaming Segment Dominated the Market
Figure 6. Individual Segment Dominated the Market
Figure 7. SAM Music Streaming Market, Country Analysis
Figure 8. SAM PEST Analysis
Figure 9. SAM Music Streaming Market Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. SAM Music Streaming Market: Impact Analysis of Drivers and Restraints
Figure 12. SAM Music Streaming Market– Revenue and Forecast to 2027 (US$ Million)
Figure 13. SAM Music Streaming Market Breakdown, by Content Type (2019 and 2027)
Figure 14. SAM Audio Streaming Market Revenue and Forecast to 2027 (US$ Million)
Figure 15. SAM Video Streaming Market Revenue and Forecast to 2027 (US$ Million)
Figure 16. SAM Music Streaming Market Breakdown, by Streaming Type (2019 and 2027)
Figure 17. SAM Live Streaming Market Revenue and Forecast to 2027(US$ Million)
Figure 18. SAM On-demand Streaming Market Revenue and Forecast to 2027(US$ Million)
Figure 19. SAM Music Streaming Market Breakdown, by End-User (2019 and 2027)
Figure 20. SAM Commercial Market Revenue and Forecast to 2027(US$ Million)
Figure 21. SAM Individual Market Revenue and Forecast to 2027(US$ Million)
Figure 22. SAM: Music Streaming Market Revenue Share, by Key Country (2019 and 2027)
Figure 23. Brazil: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Argentina: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Rest of SAM: Music Streaming Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. Impact of COVID-19 Pandemic on SAM
The List of Companies - South America Music Streaming Market
- Amazon.com, Inc.
- Apple, Inc.
- Deezer
- Google LLC
- Spotify Technology S.A.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM music streaming market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the SAM music streaming market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the music streaming market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution .