US Streaming Media Music Trends and Forecast :2014 Now at MarketResearchReports.Biz

MarketResearchReports.Biz announces addition of new report “Streaming Media: Music - US - 2014” to its database


Albany, NY -- (SBWire) -- 01/28/2014 --At $1.5 billion in advertising and subscription sales, the total revenue for the US streaming music market is small, and with high costs for music licensing, market leader Pandora has yet to show two consecutive quarters of profitability. In spite of these issues, leading tech companies are flocking to join the market, with an eye toward sales that might be a decade away, or a long-term transition from hardware and software sales to on-going services.

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Table of Content

Scope and Themes

What you need to know
Data sources
Sales data
Consumer survey data
Abbreviations and terms

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Executive Summary

The market
Rapid growth behind, rapid growth ahead
Figure 1: US sales and fan chart forecast of ad sales and subscription revenues for streaming music, 2009-18
Competing for ad dollars and consumer dollars with terrestrial and satellite radio
Key players
Pandora: twice the penetration of any competitor
Figure 2: Streaming music services used in past week, October 2013
The consumer
Traditional radio still dominates, followed by internet radio and then satellite

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Issues and Insights

Is there a barrier to entry?
The issues
The implications
Why are the world’s largest tech firms in Pandora’s box?
The issues
The implications
Is the ownership model for music dying?

Trend Applications

Trend: Click and Connect
Trend: Guiding Choice
Mintel Futures: Access Anything Anywhere

Market Size and Forecast

Key points
Annual sales at 37% growth
Figure 7: US sales and forecast of ad sales and subscription revenues for streaming music, at current prices, 2009-18
Figure 8: US sales and forecast of ad sales and subscription revenues for streaming music, at inflation-adjusted prices, 2009-18

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