Global Music and Video Market 2023-2027

Music And Video Market 2023-2027
The music and video market is forecasted to grow by USD 413.28 bn during 2022-2027, accelerating at a CAGR of 19.7% during the forecast period. The report on the music and video 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising internet and smartphone penetrations, rising popularity of online video streaming services, and launch of new content on online streaming apps.

Technavio's music and video market is segmented as below:

By PlatformDigitalPhysicalBy TypeVideoMusicBy Geographical LandscapeNorth AmericaEuropeAPACSouth AmericaMiddle East and AfricaThis study identifies the integration of advanced technologies with online streaming services as one of the prime reasons driving the music and video market growth during the next few years. Also, increase in m and a and strategic alliances among vendors and entry of new players and growing wearables with music streaming will lead to sizable demand in the market.

The report on the music and video market covers the following areas:Music and video market sizingMusic and video market forecastMusic and video market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading music and video market vendors that include Alphabet Inc., Amazon.com Inc., Apple Inc., Bharti Airtel Ltd., Block Inc., ByteDance Ltd., Deezer SA, Gamma Gaana Ltd., iHeartMedia Inc., Microsoft Corp., Netflix Inc., Reliance Industries Ltd., Sirius XM Holdings Inc., Sony Group Corp., SoundCloud Global Ltd. and Co. KG, Spotify Technology SA, Tencent Music Entertainment Group, The Walt Disney Co., Viacom18 Media Pvt. Ltd., and Vimeo.com Inc.. Also, the music and video market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.