The analysts forecast the global cloud mobile music services market to grow at a CAGR of 10.21% over the period 2014-2019.
Cloud is one of the promising technology for many music service providers to store and enable access to its customers worldwide. It enables consumers with legal access to online music and is rapidly being adopted as a music proliferation model because it enhances portability, enabling subscribers to access digital content stored in remote servers irrespective of the device used.
The report, Global Cloud Mobile Music Services Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes profile of key vendors operating in this market.
The high adoption of smartphones and tablets among consumers worldwide is resulting in an increasing number of people subscribing to digital music and streaming services. The increasing integration of music streaming applications with the cloud and with social media platforms such as Facebook has significantly increased music subscriptions worldwide.
According to the report, the penetration of mobile devices, the cloud, and social media among consumers and service providers is rising rapidly each year. The growing penetration of smartphones is resulting in expansion of cloud services in the global mobile music services market as these devices facilitate access to music directly from mobile devices.
Further, the report states that Piracy or counterfeiting is one of the major challenges facing the vendors in the global cloud mobile music services market. The increased use of the Internet globally is making it difficult for services providers to prevent the file sharing, copying, and downloading of mobile music from illegal online sources.
- Rhapsody International
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Overview of Global Digital Music Market by Platform
- Market Segmentation by Type
- Market Segmentation by Geography
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/czcn44/global_cloud
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SOURCE Research and Markets
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