India Music Insights

Topics Covered in this Database

This research report covers following Markets, Regions and Segments : 

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

Not able to find your data submit query:  http://www.renub.com/contactus.php

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

Related Database:

Connected Car Market Insights

Digital Advertising Market Insights

Digital Media Market Insights