Increasing adoption of digital music is one of the major factors propelling market growth. However, factors such as illegal downloads and piracy will hamper the market growth.
By type, digital recorded music segment will show a major growth during the forecast period.
Recorded Music Market: Geographic Landscape
By geography, APAC is going to have a lucrative growth during the forecast period. About 35% of the market's overall growth is expected to originate from APAC. Japan and South Korea are the key markets for Recorded Music in APAC.
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Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers market data for 2019, 2020, until 2024
Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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North America - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
Vendor Landscape
Overview
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
Beggars Group
Bertelsmann SE & Co. KGaA
DAIICHIKOSHO CO. LTD.
Kodansha Advanced Media LLC
Master Music Ltd.
Naxos Digital Services Ltd.
PSI Capital Inc.
Sony Corp.
Vivendi SA
Warner Music Group Corp.
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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