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QYResearch: Ubiquitous Background Music, $1.27 billion Turnover in 2016

This report also covers analysis for major consumption regions like North America and Europe,developing regions like japan and China,and also the potential market like India and South East Asia countries. For more information about this report, visit http://www.qyresearch.com/english/goods.php?id=639276

This report also covers analysis for major consumption regions like North America and Europe,developing regions like japan and China,and also the potential market like India and South East Asia countries. For more information about this report, visit http://www.qyresearch.com/english/goods.php?id=639276

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<strong>QYResearch</strong><br />

<strong>QYResearch</strong>: <strong>Ubiquitous</strong><br />

<strong>Background</strong> <strong>Music</strong>, <strong>$1.27</strong> <strong>billion</strong><br />

<strong>Turnover</strong> <strong>in</strong> <strong>2016</strong><br />

<strong>QYResearch</strong> focus on Market Survey and Research<br />

qyresearchglobal.com


<strong>QYResearch</strong><br />

Analyst<br />

Zhao Peihong<br />

Company<br />

<strong>QYResearch</strong><br />

qyresearchglobal.com


<strong>QYResearch</strong><br />

<strong>Background</strong> music is an <strong>in</strong>tegral part of modern commercial space like malls,<br />

retail stores, transit, elevators and other public spaces. This k<strong>in</strong>d of music is<br />

<strong>in</strong>tended for passive listen<strong>in</strong>g, and it helps <strong>in</strong> improv<strong>in</strong>g the ambience of the<br />

place. It is also seen to affect the customer's mood positively, result<strong>in</strong>g <strong>in</strong> better<br />

shopp<strong>in</strong>g experiences for the customers and the retailers. The <strong>in</strong>crease <strong>in</strong> the<br />

number of commercial spaces, high preference for enterta<strong>in</strong>ment, and growth <strong>in</strong><br />

the tourism sector are the major factors that are driv<strong>in</strong>g the market growth. USA<br />

and Europe are the largest consumption Regions of <strong>Background</strong> <strong>Music</strong> <strong>in</strong> the<br />

world <strong>in</strong> the past few years while Ch<strong>in</strong>a is the fastest grow<strong>in</strong>g area. USA and<br />

Europe market took up about 32.25% and 29.28% of the global market <strong>in</strong> <strong>2016</strong><br />

separately (Based on revenue), while Japan followed with 13.89%. Consumption<br />

<strong>in</strong> other countries will be rise with the grow<strong>in</strong>g copyright awareness and<br />

improvement of people’s liv<strong>in</strong>g standards.<br />

qyresearchglobal.com


<strong>QYResearch</strong><br />

qyresearchglobal.com


<strong>QYResearch</strong><br />

Major competitors <strong>in</strong> this <strong>in</strong>dustry <strong>in</strong>cludePandora for Bus<strong>in</strong>ess, SiriusXM for<br />

Bus<strong>in</strong>ess, TouchTunes, Mood Media, Usen Corporation, PlayNetwork, CSI <strong>Music</strong>,<br />

Easy on Hold and etc. Each of those lead<strong>in</strong>g companies <strong>in</strong> <strong>Background</strong> <strong>Music</strong><br />

<strong>in</strong>dustry has its own mature sales networks. Through their authorized distributors<br />

or their partners, those <strong>Background</strong> <strong>Music</strong> companies keep keen on expand<strong>in</strong>g<br />

their <strong>Background</strong> <strong>Music</strong> sales. To achieve better sales bus<strong>in</strong>esses, <strong>Background</strong><br />

<strong>Music</strong> manufacturers usually <strong>in</strong>vest on their market<strong>in</strong>g channel every year.<br />

This report also covers analysis for major consumption regions like North America<br />

and Europe,develop<strong>in</strong>g regions like japan and Ch<strong>in</strong>a,and also the potential<br />

market like India and South East Asia countries.<br />

For more <strong>in</strong>formation about this report, visit<br />

http://www.qyresearch.com/english/goods.php?id=639276<br />

qyresearchglobal.com


<strong>QYResearch</strong><br />

Contact<br />

<strong>QYResearch</strong> CO.,LIMITED<br />

Professional Market Research Report Publisher<br />

Web:qyresearchglobal.com/(US) | qyresearcheurope.com/(EU) |<br />

qyresearch.com/(CN) | qyresearch.com/english(CN) | qyresearchjapan.com/(JP)<br />

Mobile:+86-3660489419 Office:+86-2086655165(CN) x+1-6262952442(US)<br />

Media contact:press@qyresearch.com<br />

Analyst: niulijian@qyresearch.com, zhaopeihong@qyresearch.com<br />

Facebook:@<strong>QYResearch</strong>2017, Twitter: @<strong>QYResearch</strong>_<br />

L<strong>in</strong>ked<strong>in</strong>: <strong>QYResearch</strong> Team | 恒 州 博 智 <strong>QYResearch</strong><br />

Wechat : <strong>QYResearch</strong>, Weibo: 恒 州 博 智 <strong>QYResearch</strong><br />

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