The North American online music streaming market is anticipated to grow at a considerable CAGR of 16.8% during the forecast period. The rise in popularity of music streaming services and awareness regarding online music streaming services is attributed to the growth of the market in North America. Further, the rise in the adoption of smart devices and attractive promotional offers provided by the platforms are fuelling the market growth as well. Most platforms are using and AI & ML solutions to provide user seamless experience by recommending accurate songs and suggesting customized playlists. This makes a hassle-free user experience further propelling the market growth.
The North American online music streaming market is segmented based on service, content type, platform, end-user, and revenue model. Based on the service, the market is sub-segmented into on-demand online music streaming and live online music streaming. Based on the content type, the market is bifurcated into audio streaming and video streaming. Based on the platform the market is segmented into browsers and applications for online music streaming. Further, based on end-users the market is segmented into residential and commercial.
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North American Online Music Streaming Market by Service
- On-Demand Streaming
- Live Streaming
By Content Type
- Audio Streaming
- Video Streaming
By Platform
- Browser
- Application
By End-User
- Residential
- Commercial
By Revenue Model
- Subscription
- Advertisement
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Regional Analysis
- United States
- Canada
Company Profiles
- com, Inc.
- Apple, Inc.
- Deezer SA
- Google LLC
- iHeartMedia, Inc.
- Jango, Inc.
- LiveXLive, Corp.
- Pandora Media, Inc.
- SoundCloud Ltd.
- Spotify AB
- Tidal (Aspiro AB)
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