1. Market Research
  2. > Media and Entertainment
  3. > OTT Market Trends
South America Music Streaming Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Content Type, Streaming Type, and End User

South America Music Streaming Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Content Type, Streaming Type, and End User

  • September 2020
  • 62 pages
  • ID: 5978927
  • Format: PDF
  • The Insight Partners

Summary

Table of Contents

Search Inside

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.

Growing number of music subscribers is bolstering the music streaming market across SAM.Music streaming service providers such as Apple has witnessed increase in spending on music.

The company’s paid subscriber base is larger than Spotify’s.In context to music subscribers, Spotify always aims to convert free listeners into paid subscribers.

The paid subscription services are capturing largest SAM market share driven by the emergence of new services such as Apple Music and Amazon prime.The concept of digitalization is accelerating the popularity of music streaming websites.

A large portfolio of music subscribers managed by music streaming service providers is supporting to drive the growth of entire music streaming market across the SAM. Thus, rising number of music subscribers is expected to increase the music streaming market across SAM. Increasing popularity of digital music streaming websites is among the other factors expected to positively influence the music streaming market across SAM.

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 the spread of COVID-19.

SAM is one of the most promising markets for music streaming.Vendors are adopting 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.

In terms of content type, the audio streaming segment led the SAM music streaming market in 2019 In recent years, people have started to shift from offline to online music streaming platform such as apple music, amazon music etc.Beginning from music streaming to podcasts, an appetite for digital audio has been witnessed.

Preference for smart devices, smartphones, and tablets continues to propel audio streaming.When it comes to delivering content, smartphones are the new preferred medium.

Online audio streaming is accessible from anywhere at any time by a person, and is widely available. Additionally, Labels as a Service (LaaS) is becoming one of the top most trends in audio streaming and is expected to further create more growth opportunities for audio streaming arena, which ultimately drives the SAM music streaming market.

The overall SAM music streaming market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining overview and forecast for the SAM music streaming market with respects to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the SAM music streaming market. Amazon.com, Inc.; Apple, Inc.; Deezer, Google LLC; and Spotify Technology S.A. are among a few players operating in the SAM music streaming market.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Music Streaming Services in the US - Industry Market Research Report

  • $ 1020
  • July 2021
  • 39 pages

Queued up: Increased internal competition will likely affect industry profit growth Abstract Music Streaming Services in the USCompanies in this industry provide infrastructure for customers to listen ...

  • United States
  • Online Music Distribution
  • Music
  • Industry analysis
  • Disposable Income
  • Advertising Expenditure

ref:plp2020

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on