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Summary
Market Snapshot:
Background music plays an important role in modern commercial and residential spaces. Retail stores, public transit, elevators, and malls are some of the major users of background music. This kind of music is intended for passive listening and helps in improving the ambience of places. It also positive influences a customer’s mood, resulting in better shopping experiences for customers and retailers.
The HTF research analyst at AMA estimates Background Music market to grow at a compounded annual growth rate of 6.1%
Opportunities
Adoption of Artificial Intelligence (AI) and Streaming is exposing a great song to a global audience
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Market Drivers
Increasing use of BGM in public spaces , Frictionless access to music via voice is an overwhelmingly positive development , Top players are unlocking social media for music , Rapidly evolving of digital world and Increasing use of background music to the learning environment
Vendors Covered in the Study are:
Almotech Media Solutions (Ireland), Imagesound (United Kingdom), Mood Media (United States), NSM Music Group (United Kingdom), PlayNetwork (United States), CSI Music Services (Canada), Easy On Hold (United States), HIBOU MUSIC (France), Nimbletank (United Kingdom), SBA Music (Australia)
The Global Background Music market is gaining huge competition due to involvement of United Kingdom and United States companies that constantly invest in research & development to meet market expectation with new innovation.
Available Customization: List of players that can be included in the study on immediate basis are Soundjack (United Kingdom) , Xenon Music Media (Netherland) , Usen Corporation (Japan) , TouchTunes (united States) and Sunflower Music (United Kingdom).
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Table of Contents
1 Market Overview
1.1 Background Music Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1.1 Business Overview
2.1.2 Background Music Type and Applications
2.1.3 Background Music Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global Background Music Market Competition, by Manufacturer
3.1 Global Background Music Sales and Market Share by Manufacturer (2016-2017)
3.2 Global Background Music Revenue and Market Share by Manufacturer (2016-2017)
3.3 Global Background Music Price by Manufacturer (2016-2017)
3.4 Market Concentration Rate
3.4.1 Top 3 Background Music Manufacturer Market Share in 2017
3.4.2 Top 5 Background Music Manufacturer Market Share in 2017
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