Global Background Music Market 2018-2022 - Focus on Hospitality, Retail, Commercial, Public Other Sectors

DUBLIN, Oct 1, 2018 /PRNewswire/ --

The "Global Background Music Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The Global Background Music Market to grow at a CAGR of 3.84% during the period 2018-2022.

Global Background Music Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated through the sales BGM to major end-users.

According to the report, one driver influencing this market is the demand for BGM in the commercial sector. BGM has several advantages that help businesses retain and attract new customers, in comparison with generic stores. One trend affecting this market is growth of music subscription services. The music industry has witnessed a continuous growth in revenues over the last three years.

Further, the report states that one challenge affecting this market is the low margins for BGM vendors. The BGM industry is highly competitive, with the presence of many vendors providing homogenous services with some variation, at very low costs.

Key vendors:

• Network
• Almotech Media Solutions
• Imagesound Group
• Mood Media
• Playneywork

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 05: MARKET SIZING

• Market definition
• Market sizing 2017
• Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 07: MARKET SEGMENTATION BY SERVICE TYPE

• Segmentation by service type
• Access music
• Ownership of music

PART 08: CUSTOMER LANDSCAPE

PART 09: MARKET SEGMENTATION BY END-USER

• Segmentation by end-user
• Comparison by end-user
• Hospitality sector - Market size and forecast 2017-2022
• Retail sector - Market size and forecast 2017-2022
• Commercial buildings - Market size and forecast 2017-2022
• Public infrastructure - Market size and forecast 2017-2022
• Others - Market size and forecast 2017-2022
• Market opportunity by end-user

PART 10: REGIONAL LANDSCAPE

• Geographical segmentation
• Regional comparison
• Key leading countries
• Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 13: MARKET TRENDS

• Growth of music subscription services
• Availability of advanced music-mixing systems
• Introduction of Music Modernization Act
• Consolidation in the music industry

PART 14: VENDOR LANDSCAPE

• Landscape disruption
• Competitive scenario

PART 15: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
  

For more information about this report visit https://www.researchandmarkets.com/research/rlj3cw/global_background?w=5

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