Background Music Market, By Type (Incidental Music, Furniture Music, Elevator Music, Video Game & Blog Music, and Internet Delivered Background Music), By Application (Retail Stores, Restaurants, Entertainment Places, Public Organizations, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI119919 | Publish Date: April 2024 | No. of Pages: 170

Global Background Music Market By Overview

Background Music Market was valued at US$ 2 Billion in 2024 and is projected to grow at a CAGR of 5.30% to reach US$ 3.3 Billion by 2034.

In almost all current business infrastructures, background music is becoming a must. Enhancing the atmosphere of a commercial venue is the goal of background music components. Organizations have also taken notice of background music's marketing potential as a means of enhancing client relationships and hence increasing productivity. The shopping experience for customers is improved when background music is played in commercial settings. Due to the rising urbanization and growth of the contemporary infrastructure, the background music market is anticipated to grow. Providers of background music have a promising future in emerging economies with significant increases in modern infrastructure, and new entrants are anticipated to profit from this.

Global Background Music Market By Dynamics

The demand for background music is being significantly fueled by the hotel sector. A sizable section of the world's population has recently shown interest in using online food delivery services. The effect has been a considerable decline in restaurant patronage. Major restaurants are taking a number of actions to fight this situation, such as adding extensive menus, offering a comfortable atmosphere, and hosting entertainment events inside the establishment. One such effort is the use of background music, which is something many hospitality firms do. They are catching clients' attention and enticing them to eateries with the help of this endeavor. Many businesses have found that having enjoyable music playing in the background motivates employees to provide their best effort.

Access Crucial Insights at a Fraction of the Cost | Request Your Discount

Global Background Music Market By Segmentation

Background Music market has been segmented on the basis of type, application, and region.

On the basis of type, the Background Music market is segmented into Incidental Music, Furniture Music, Elevator Music, Video Game & Blog Music, and Internet Delivered Background Music. On the basis of application, the Background Music market is segmented into Retail Stores, Restaurants, Entertainment Places, Public Organizations, and Others.

Regional Insights:

On basis of region the Background Music Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America will have the greatest portion of the market throughout the forecast period. The US's growing background music consumption in a variety of end-use industries is responsible for the region's expansion in North America. A growing number of music subscription services are also helping the background music market in the North American region.

Reduce costs by up to 30% with a custom report tailored to your specific needs | Request Customized Report

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024– 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type – Incidental Music, Furniture Music, Elevator Music, Video Game & Blog Music, and Internet Delivered Background Music.

By Application – Retail Stores, Restaurants, Entertainment Places, Public Organizations, and Others.

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

 

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Global Background Music report based on test, application, and region.

Background Music Market, By Type:

  • Incidental Music
  • Furniture Music
  • Elevator Music
  • Video Game & Blog Music
  • Internet Delivered Background Music.

Background Music Market, By Application:

  • Retail Stores
  • Restaurants
  • Entertainment Places
  • Public Organizations
  • Others.  

Background Music Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Background Music Market By Key Players

The key players operating the Background Music Market includes Mood Media Corporation, PlayNetwork, Inc., TouchTunes Corporation, Usen Corporation, Sirius XM Holdings Inc., Pandora Media, LLC, Almotech Ltd., Imagesound Ltd., On Hold Inc. and Sunflower GmbH company.

Global Background Music Market By Company Profile

  • Mood Media Corporation. *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • PlayNetwork, Inc.
  • TouchTunes Corporation
  • Usen Corporation
  • Sirius XM Holdings Inc.
  • Pandora Media, LLC
  • Almotech Ltd.
  • Imagesound Ltd.
  •  On Hold Inc.
  • Sunflower GmbH company

 “*” marked represents similar segmentation in other categories in the respective section.

Global Background Music Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Incidental Music
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Furniture Music
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Elevator Music
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Video Game & Blog Music
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Internet Delivered Background Music
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Retail Stores
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Restaurants
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Machine Entertainment Places
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Places Public Organizations
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles
  • Mood Media Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • TouchTunes Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Usen Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sirius XM Holdings Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Pandora Media
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Almotech Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Imagesound Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • On Hold Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sunflower GmbH Company.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

Background Music Market report segments the market basis of type, application, and region.

The hospitality industry is driving significant demand in the background music market.

North America held dominant position in the global background music market in 2017 and is projected to retain its dominance throughout the forecast period.

The leading players operating in the Global Background Music Market includes Mood Media Corporation, PlayNetwork, Inc., TouchTunes Corporation, Usen Corporation, Sirius XM Holdings Inc., Pandora Media, LLC, Almotech Ltd., Imagesound Ltd., On Hold Inc. and Sunflower GmbH company