Categories: Wire Stories

India Music Insights 2020 – Film Music, Operational Private FM Stations, Future Outlook and Global Music Trends – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “India Music Insights, Film Music, Operational Private FM Stations, Future Outlook and Global Music Trends” report has been added to ResearchAndMarkets.com’s offering.

List of Key Topics Covered

1. Executive Summary

2. India Music Insights

  • Film music contributed major percentage in total revenues
  • Physical format music sales fell 50% in 2018
  • Paid audio streaming
  • Overall consumers consumed music on smart phones
  • India generated billions music streams in December 2018
  • Figure: Music Revenue (INR in Billion), 2017-2021E
  • Figure: By Format – Global Recorded Music Industry Revenues in 2007 & 2017

3. India Operational Private FM stations

  • Indian internet users spent over three hours a day listening to music
  • Three out of four listeners used pirated music
  • Advertising on music streaming remained negligible
  • Growth in online music streaming drove investment and innovation
  • Figure: By Rank – India Top Five Music Apps by Download, Revenue & MAU

4. Future Outlook

  • Indian music artists were signed by foreign labels
  • Music Segment will reach INR 19.2 Billion by 2021
  • Bundling of music will drive growth
  • Figure: India & Global Music Listeners by Hour per Week

5. Global Music Trends

  • Figure: Streaming services achieve significant subscriber scale
  • Figure: Need to segment customers
  • Figure: Piracy is a global problem
  • India accedes to WIPO Copyright Treaty, 1996 and WIPO Performance & Phonograms Treaty, 1996

For more information about this report visit https://www.researchandmarkets.com/r/sveijs

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