Global Digital Music Services Benchmark The Digital Music Marketplace
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The 20,000 Foot View
The global digital music industry may only be growing steadily in 2013) but beneath the headline number is a richly varied picture of different services, diverse regional growth rates and competing business models. To better understand this marketplace, MIDiA Research conducted a Global Music Services Tracker. This report details the findings. An Excel file summary of the Tracker along with other accompanying data is available alongside this report online at midiaresearch.com
Key Findings
- Streaming is driving the majority of digital growth and will increase by in 2014 to reach billion globally
- Free streaming dominates digital music activity but generates a minority of the total digital music revenue
- The music services included in the Global Music Services Tracker accounted for a combined billion of investment
- The average number of users per service is million
- The average amount of investment per service is million
- Total investment translates into an average of paid for each user across all services
Companies mentioned in this report: Pandora, Slacker, Songza, iTunes Radio, iHeart Radio, Radionomy, Digitally Imported, Saavn, Mix Radio, AccuRadio, Ministry of Sound, Musicovery, Spotify, Deezer, Rdio, Rhapsody/Napster, Beats Music, Simfy, Wimp, Rara, Juke, Xbox Music, Sony Music Unlimited, Muve Music, TDC Play, KKBOX Music, MusicQubed, blinkbox Music, Google Play Music All Access, Zvooq, Anghami, Soundcloud, Mixcloud, YouTube, iTunes, Amazon, Beatport, Hungama,