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Global Music Streaming Market (2022 to 2030) – Size, Share & Trends Analysis Report

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Dublin, June 15, 2022 (GLOBE NEWSWIRE) — The “Music Streaming Market Size, Share & Trends Analysis Report by Service (On-demand Streaming, Live Streaming), by Platform (Apps, Browsers), by Content Type, by End-use, by Region, and Segment Forecasts, 2022-2030” report has been added to ResearchAndMarkets.com’s offering.

The global music streaming market size is expected to reach USD 103.07 billion by 2030. It is expected to expand at a CAGR of 14.7% from 2022 to 2030.

The growth of the market can be attributed to the rising popularity of music streaming platforms, coupled with the increasing disposable income of individuals. Spotify, YouTube Music, Pandora, SoundCloud, iHeartRadio, and Apple Music are some of the most well-known digital music platforms in the market. Many music streaming companies offer free trials as well as paid subscriptions. They also offer premium accounts at certain fees to provide users with various benefits, such as no ads and offline listening. The availability of such digital options, along with the declining sales of physical CDs, is contributing to the rapid adoption of music streaming services.

Moreover, cloud-based music is gaining wide popularity in the market. Companies are focused on developing user-friendly apps that allow music to be streamed easily on tablets and smartphones. The inclusion of the cloud component in music streaming platforms enables companies to enhance their services by offering benefits such as storage saving and easy streaming from multiple devices. Furthermore, factors such as the presence of a digitally literate population and the adoption of smart devices are accelerating market growth.

Music streaming services enable customers to browse and play music of their preference at any time. 5G has become one of the most popular market developments, offering lucrative opportunities to service providers. For instance, Amazon.com, Inc. has capitalized on this opportunity by launching a new music HD service that will provide lossless music tracks and downloads to music enthusiasts in the U.K., Japan, Germany, and the U.S. Furthermore, emerging technological breakthroughs such as artificial intelligence, virtual reality, and machine learning are expected to enable service providers to offer personalized playlists and a seamless user experience, thus boosting the growth of the market.

Music Streaming Market Report Highlights

  • The growing popularity of on-demand music services on platforms such as Spotify, SoundCloud, Tidal, Apple Music, and Bandcamp is expected to drive the market over the forecast period.
  • Based on content type, the video segment is anticipated to witness the fastest growth from 2022 to 2030.
  • The apps platform segment accounted for the largest revenue share in 2021 and is expected to maintain its lead over the forecast period. Customers prefer music apps owing to their user-friendly interfaces, developments in smartphone technologies, and increased portability of these apps.
  • The Middle East and Africa market is expected to register the fastest CAGR of 17.8% from 2022 to 2030 .

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Music Streaming Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market driver analysis
3.3.1.1. Internet proliferation and penetration of smart devices
3.3.1.2. Integration of the state-of-the-art technologies into music streaming platforms
3.3.1.3. Availability of regional content on digital platforms
3.3.2. Market restraint/challenges analysis
3.3.2.1. Complex government regulatory framework and licensing regimes
3.3.2.2. Threat from pirated channels
3.3.3. Industry opportunities
3.4. Penetration & Growth Prospect Mapping
3.5. Business Environment Analysis Tools
3.6. Market Entry Strategies

Chapter 4. Music Streaming Market: Service Estimates & Trend Analysis
4.1. Definitions & Scope
4.2. Service Market Share Analysis, 2021 & 2030
4.3. Segment Dashboard
4.4. Global Music Streaming Market, by Service, 2018 to 2030
4.5. Market Size & Forecasts and Trend Analysis, 2018 to 2030 for the following,
4.5.1. On-demand streaming
4.5.1.1. Market estimates & forecasts by region, 2018-2030 (USD Billion)
4.5.2. Live streaming
4.5.2.1. Market estimates & forecasts by region, 2018-2030 (USD Billion)

Chapter 5. Music Streaming Market: Platform Estimates & Trend Analysis
5.1. Definitions & Scope
5.2. Platform Market Share Analysis, 2021 & 2030
5.3. Segment Dashboard
5.4. Global Music Streaming Market, by Platform, 2018 to 2030
5.5. Market Size & Forecasts and Trend Analysis, 2018 to 2030 for the following,
5.5.1. Apps
5.5.1.1. Market estimates & forecasts by region, 2018-2030 (USD Billion)
5.5.2. Browsers
5.5.2.1. Market estimates & forecasts by region, 2018-2030 (USD Billion)

Chapter 6. Music Streaming Market: Content Type Estimates & Trend Analysis
6.1. Definitions & Scope
6.2. Content Type Market Share Analysis, 2021 & 2030
6.3. Segment Dashboard
6.4. Global Music Streaming Market, by Content Type, 2018 to 2030
6.5. Market Size & Forecasts and Trend Analysis, 2018 to 2030 for the following,
6.5.1. Audio
6.5.1.1. Market estimates & forecasts by region, 2018-2030 (USD Billion)
6.5.2. Video
6.5.2.1. Market estimates & forecasts by region, 2018-2030 (USD Billion)

Chapter 7. Music Streaming Market: End-use Estimates & Trend Analysis
7.1. Definitions & Scope
7.2. End-use market share analysis, 2021 & 2030
7.3. Segment Dashboard
7.4. Global Music Streaming Market, by End-use, 2018 to 2030
7.5. Market Size & Forecasts and Trend Analysis, 2018 to 2030 for the following,
7.5.1. Individual
7.5.1.1. Market estimates & forecasts by region, 2018-2030 (USD Billion)
7.5.2. Commercial
7.5.2.1. Market estimates & forecasts by region, 2018-2030 (USD Billion)

Chapter 8. Music Streaming Market: Regional Estimates & Trend analysis

Chapter 9. Competitive Landscape
9.1. Amazon.com, Inc.
9.1.1. Company overview
9.1.2. Financial performance
9.1.3. Product benchmarking
9.1.4. Strategic initiatives
9.2. Apple, Inc.
9.2.1. Company overview
9.2.2. Financial performance
9.2.3. Product benchmarking
9.2.4. Strategic initiatives
9.3. Deezer
9.3.1. Company overview
9.3.2. Financial performance
9.3.3. Product benchmarking
9.3.4. Strategic initiatives
9.4. Google LLC
9.4.1. Company overview
9.4.2. Financial performance
9.4.3. Product benchmarking
9.4.4. Strategic initiatives
9.5. iHeartMedia, Inc.
9.5.1. Company overview
9.5.2. Financial performance
9.5.3. Product benchmarking
9.5.4. Strategic initiatives
9.6. Pandora Media, Inc.
9.6.1. Company overview
9.6.2. Financial performance
9.6.3. Product benchmarking
9.6.4. Strategic initiatives
9.7. SoundCloud Limited
9.7.1. Company overview
9.7.2. Financial performance
9.7.3. Product benchmarking
9.7.4. Strategic initiatives
9.8. Spotify AB
9.8.1. Company overview
9.8.2. Financial performance
9.8.3. Product benchmarking
9.8.4. Strategic initiatives
9.9. Tencent Music Entertainment Group
9.9.1. Company overview
9.9.2. Financial performance
9.9.3. Product benchmarking
9.9.4. Strategic initiatives
9.10. Tidal (Aspiro AB)
9.10.1. Company overview
9.10.2. Financial performance
9.10.3. Product benchmarking
9.10.4. Strategic initiatives

For more information about this report visit https://www.researchandmarkets.com/r/yobf9t

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Artificial Intelligence

Aetina Accelerates Embedded AI with High-performance, Small Form-factor Aetina IA380E-QUFL Graphics Card

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TAIPEI, April 25, 2024 /PRNewswire/ — Aetina, a leading Edge AI solution provider, announced the launch of the Aetina IA380E-QUFL at Embedded World 2024 in Nuremberg, Germany. This groundbreaking product is a small form factor PCIe graphics card powered by the high-performance Intel Arc A380E GPU. 

Unmatched Power in a Compact Design
The Aetina IA380E-QUFL delivers workstation-level performance packed into a low-profile, single-slot form factor. This innovative solution consumes only 50W, making it ideal for space and power-constrained edge computing environments. Embedded system manufacturers and integrators can leverage the power of 4.096 TFLOPs peak FP32 performance delivered by the Intel Arc A380E GPU[1].
Beyond Small Size: Big Capabilities
Despite its compact size, the IA380E-QUFL offers native support for 4 mini-DisplayPort outputs and 6GB of GDDR6 memory, enabling the connection of multiple high-resolution displays (UHD). This makes the IA380E-QUFL an excellent choice for a wide range of applications, including commercial gaming, video walls, medical imaging, and visual inference for smart cities.
“The demand for slim and energy-efficient AI systems is rapidly escalating,” said Jackal Chen, Senior Product Manager at Aetina. “The Aetina IA380E-QUFL addresses this need head-on, offering a powerful GPU solution in a compact, single-slot form factor with minimal power consumption. This empowers developers to create powerful and efficient edge systems for a wide range of applications.”.
Unparalleled Commitment: 5-Year Product Supply
Acknowledging the critical need for long-term product stability in industrial applications, Aetina ensures a 5-year product supply for the Aetina IA380E-QUFL, which streamlines system roadmaps and reduces the need for costly redesign. Our commitment is aligned with Intel’s announced product plans for the Intel Arc A380E GPU.[1]
[1]https://www.intel.com/content/www/us/en/content-details/820389/intel-arc-gpu-for-the-edge-public-30-3-30.html?wapkw=Intel%20Arc%20GPU%2030-3-30&DocID=820389 Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.
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Artificial Intelligence

IG Canada Announces Enhanced Trading Platform for Enhanced User Experience

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Meta description : Explore IG Canada’s advanced trading platform, educational resources, and robust security features. Achieve your trading goals with the innovative tools.
NOTTINGHAM, England, April 25, 2024 /PRNewswire/ — IG Canada, a premier online trading platform, is pleased to announce significant enhancements to its trading technology, designed to empower both novice and experienced traders with superior tools and resources. This development is part of IG Canada’s commitment to providing the best trading experience in the Canadian market.

IG Canada has upgraded its platform with advanced features that streamline trading processes and improve the accuracy of trade execution. These enhancements include customizable charts, a wider range of indicators, and improved mobile access, ensuring traders can operate efficiently from anywhere at any time.
Recognizing the importance of education in trading success, IG Canada has expanded its educational resources. The brokerage now offers a comprehensive learning center featuring webinars, tutorials, and articles that cater to various skill levels. These resources are designed to help traders develop robust trading strategies and improve their market knowledge.
Security remains a top priority for IG Canada. The latest updates include enhanced encryption and multi-factor authentication to protect client data and funds. These security measures provide peace of mind for traders, knowing their investments are safeguarded against potential threats.
IG Canada is a leading online brokerage that provides trading services across multiple asset classes, including forex, stocks, commodities, and indices. With a focus on innovation and customer service, IG Canada is committed to helping Canadian traders achieve their investment goals through a transparent and efficient trading environment.
In addition, IG Canada is committed to engaging with the community through upcoming webinars, live events, and partnerships with local financial experts. These initiatives are designed not only to support the growth and education of the clients but also to foster a stronger, more connected trading community in Canada.
Press Contact:Contact Name: Timothy C. SherwinEmail: [email protected] Phone: +447 441425053

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Artificial Intelligence

Sentrycs Now Part of the UK National Protective Security Authority Catalog of Security Equipment

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This inclusion into the NPSA CSE marks a significant milestone in the company’s commitment to enhancing national and international airspace security and to leading the C-UAS market toward multi-layer strategy optimization and excellence.
TEL-AVIV, Israel, April 25, 2024 /PRNewswire/ — Sentrycs, a leading innovator in adaptive counter-drone solutions, is proud to announce its inclusion in the prestigious UK National Protective Security Authority Catalogue of Security Equipment (NPSA CSE).
 
Following a rigorous assessment process, Sentrycs’ cutting-edge Counter Unmanned Aerial Systems (C-UAS) solution has met the high standards set by the NPSA for Detection, Tracking, and Identification (DTI). The testing, conducted at the NPSA’s designated testing facilities in August 2023, rigorously evaluated the Sentrycs system against the NPSA’s DTI Testing and Evaluation Standard v3.1.
Sentrycs elected to be assessed under Configuration D as a 3D system with Ground Control Station (GCS) detection capability and platform identification capability, which is the most demanding test scenario with the highest number of scored parameters.
The Sentrycs system demonstrated exceptional capabilities in various security scenarios, showcasing its robustness in detecting and tracking with high accuracy and zero false alarms. The system’s innovative use of cyber techniques to extract data from targets and its streamlined human-machine interface were especially noted for their efficiency and ease of use.
“Our team is proud to have Sentrycs recognized by the UK National Protective Security Authority,” said Yoav Zaltzman, CEO of Sentrycs. “Being listed in the CSE is not just an honor; it’s a testament to our technology’s reliability and effectiveness in contributing to the ever-changing airspace security landscape.”
Sentrycs’ technology is now accessible through the NPSA CSE, providing security practitioners with verified solutions that meet the UK’s rigorous security standards. This inclusion not only underscores Sentrycs’ role in advancing security technology but also enhances its visibility and credibility on a global stage.
For more details on Sentrycs’ solutions and their impact, visit www.sentrycs.com.
For further information regarding the NPSA and the Catalog of Security Equipment, please visit the NPSA’s official website.
About Sentrycs
Sentrycs is a leader in adaptive counter-drone solutions, supported by innovative technology designed to passively identify, mitigate, and where necessary, intercept unauthorized drones custom-built for various environments – including airports, borders, prisons, critical infrastructure, and mass events. Founded in 2017, Sentrycs’ has offices in Israel and the US, serving customers worldwide. By uniting its field-proven technology and expertise in global drone environments, Sentrycs is leading the way towards a safer and more secure drone-driven future. Learn more at www.sentrycs.com
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