Fast Market Research announces the availability of the new TechNavio report, "Global Background Music Market 2017-2021", on their comprehensive research portal

Boston, MA -- (SBWire) -- 07/19/2017 --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 global background music market is fragmented with the presence of a large number of small and large vendors.

Technavio's analysts forecast the global background music market to grow at a CAGR of 3.69 % during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global background music market for 2017-2021. To calculate the market size, the report considers the revenue generated from the use of background music by the following end-users:

Get More Details on this Report and a Full Table of Contents at Global Background Music Market 2017-2021

-Hospitality sector
-Retail sector
-Commercial buildings
-Public infrastructure
-Others

Technavio's report, Global Background Music Market 2017-2021, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Almotech Media Solutions
-Imagesound
-Mood Media
-NSM Music Group
-PlayNetwork

Other prominent vendors

-CSI Music Services
-Easy On Hold
-HIBOU MUSIC
-Nimbletank
-SBA Music
-Sunflower Music

Market driver

-Increase in hotel construction
-For a full, detailed list, view our report

Market challenge

-Increased adoption of digital music
-For a full, detailed list, view our report

Market trend

-Increase in number of concerts and live performances
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Almotech Media Solutions, Imagesound, Mood Media, NSM Music Group, PlayNetwork

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