Background Music Market

Background music is an integral part of modern commercial space like malls, retail stores, transit, elevators and other public spaces. This kind of music is intended for passive listening, and it helps in improving the ambience of the place. It is also seen to affect the customer's mood positively, resulting in better shopping experiences for the customers and the retailers. The increase in the number of commercial spaces, high preference for entertainment, and growth in the tourism sector are the major factors that are driving the market growth.

Background Music Market contains market size and forecasts of Background Music in Global, including the following market information:

Global Background Music Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Background Music market was valued at 1779.1 million in 2021 and is projected to reach US$ 2697.2 million by 2028, at a CAGR of 6.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Music Streaming Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Background Music include Mood Media, PlayNetwork, TouchTunes, Usen, SiriusXM for Business, Pandora for Business, Almotech, Imagesound and NSM Music., etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Background Music companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Background Music Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Background Music Market Segment Percentages, by Type, 2021 (%)

Music Streaming

AV System Equipment

Global Background Music Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Background Music Market Segment Percentages, by Application, 2021 (%)

Retail Stores

Cafes & Restaurants

Leisure & Hospitality

Public Organizations

Others

Global Background Music Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Background Music Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Background Music revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Background Music revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Mood Media

PlayNetwork

TouchTunes

Usen

SiriusXM for Business

Pandora for Business

Almotech

Imagesound

NSM Music.

CSI Music

Easy on Hold

Sunflower Music

Soundjack

Xenon Music Media

Soundtrack Your Brand

Jamendo Listening

Heartbeats International

SoundMachine

Rockbot

Jukeboxy

Cloud Cover Music

Custom Channels

Auracle Sound

Brandtrack

Kasimu

Soundreef

Express Melody

Qsic

StorePlay

Open Ear Music