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.
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Scope of the Report:
This report focuses on the Background Music in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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 worldwide market for Background Music is expected to grow at a CAGR of roughly 6.5% over the next five years, will reach 1960 million US$ in 2023, from 1340 million US$ in 2017, according to a new GIR (Global Info Research) study.
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Market Segment by Manufacturers, this report covers
Mood Media
PlayNetwork
TouchTunes
Usen Corporation
SiriusXM for Business
Pandora for Business
Almotech
Imagesound
Easy on Hold
Sunflower Music
Soundjack
Xenon Music Media
Qsic
Express Melody
Open Ear Music
Auracle Sound
Cloud Cover Music
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Incidental music
Furniture music
Elevator music
Video game and blog music
Internet delivered background music
Market Segment by Applications, can be divided into
Retail Stores
Restaurants
Entertainment Places
Public Organizations
Others
Major Points from Table of Content:
Chapter One: Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Background Music Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
Chapter Four: Global Background Music Market Analysis by Regions
Chapter Five: North America Background Music by Countries
Chapter Six: Europe Background Music by Countries
Chapter Seven: Asia-Pacific Background Music by Countries
Chapter Eight: South America Background Music by Countries
Chapter Nine: Middle East and Africa Background Music by Countries
Chapter Ten: Global Background Music Market Segment by Type
Chapter Eleven: Global Background Music Market Segment by Application
Chapter Twelve: Background Music Market Forecast (2018-2023)
Chapter Thirteen: Sales Channel, Distributors, Traders and Dealers
Chapter Fourteen: Research Findings and Conclusion
Chapter Fifteen: Appendix
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