Product Code: PM1750
The global background music market size is expected to reach USD 36.89 billion by 2032, according to a new study by Polaris Market Research. The report "Background Music Market Share, Size, Trends, Industry Analysis Report, By Type (Music Streaming, AV System Equipment); By Deployment Mode; By End-User; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market expansion is increasing due to the need for personalized background music. Businesses may create playlists tailored to their brand, topic, clientele, and time of day with customized background music options. This helps to create the ideal atmosphere and accommodates clients' evolving preferences. Providers of background music services are concentrating on providing cutting-edge features like playlist personalization based on client data analysis and automated music scheduling. This is helping firms increase consumer engagement and pleasure. The availability of many subscription plans is also growing in popularity since it gives businesses the freedom to select plans that fit their budgets.
For instance, in May 2023, Meta launched MusicGen, an AI music-generated model eligible to run text prompts into quality samples. This spawned a number of new apps that extend and use the model to help people create quality tracks.
In recent years, the trend of integrating AI and ML into background music has increased significantly to cater to the growing demand for curated and personalized playlists for consumers. This integration not only provides consumers with tailored music experiences but also offers relief to artists by mitigating copyright issues associated with original background music companies. AI and ML technologies are revolutionizing the music industry by enabling the creation of new sounds, enhancing soundtracks, and even potentially collaborating with human musicians in real-time performances. Despite concerns about AI-generated music hindering originality and sparking copyright conflicts, the use of AI in music production is evolving to become a valuable tool for artists, fostering creativity, overcoming roadblocks, and offering cost-effective music creation options.
Background Music Market Report Highlights
The AV segment dominated the market share due to its ability to produce high-quality audio and video visuals that enhance the overall listener experience.
The music streaming segment is anticipated to grow at the fastest CAGR due to its ability to offer listeners a personalized experience by allowing them to curate their own playlists.
The cloud-based solutions segment dominated the market share owing to the unlimited, anytime, anywhere access to music it provides to its listeners.
The cafes and restaurants dominated the end-user application as they enhanced the overall experience for their customers by playing appropriate background music that suited the consumer's needs.
North America led the industry and accounted for a majority of market revenue share, as there is a rise in the adoption of background music in commercial and corporate industries to boost productivity.
The global key market players include Mood Media Corporation, OpenEar Music, PlayNetwork, Inc., Qsic Pty Ltd., Sirius XM Holdings, Inc.
Polaris Market Research has segmented the Background Music market report based on type, application, shape, distribution channel, and region:
Background Music, Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Music Streaming
- AV System Equipment
Background Music, Deployment Mode Outlook (Revenue - USD Billion, 2019 - 2032)
- Cloud Based Solutions
- On Premise Solutions
Background Music, End-User Outlook (Revenue - USD Billion, 2019 - 2032)
- Retail
- Healthcare
- Corporate
- Leisure and Hospitality
- Cafes and Restaurants
- Fitness and Recreational Sport Centers
- Spas & Wellness Centers
- Beauty & Hair Salons
- Others
Background Music, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Australia
- Malaysia
- Rest of Asia Pacific
- Latin America
- Argentina
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
- Rest of Middle East & Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Background Music Market Insights
- 4.1. Background Music Market - End-User Snapshot
- 4.2. Background Music Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rise in adoption of AI in background music industry
- 4.2.1.2. Psychological Impact on Purchasing Behavior
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Licensing and Copywriting Issue
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Background Music Market End-User Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Background Music Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Background Music Market, by Type, 2019-2032 (USD Billion)
- 5.3. Music Streaming
- 5.3.1. Global Background Music Market, by Music Streaming, by Region, 2019-2032 (USD Billion)
- 5.4. AV System Equipment
- 5.4.1. Global Background Music Market, by AV System Equipment, by Region, 2019-2032 (USD Billion)
6. Global Background Music Market, by Deployment Mode
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 6.3. Cloud Based Solutions
- 6.3.1. Global Background Music Market, by Cloud Based Solutions, by Region, 2019-2032 (USD Billion)
- 6.4. On Premise Solutions
- 6.4.1. Global Background Music Market, by On Premise Solutions, by Region, 2019-2032 (USD Billion)
7. Global Background Music Market, by End-User
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Background Music Market, by End-User, 2019-2032 (USD Billion)
- 7.3. Retail
- 7.3.1. Global Background Music Market, by Retail, By Region, 2019-2032 (USD Billion)
- 7.4. Healthcare
- 7.4.1. Global Background Music Market, by Healthcare, By Region, 2019-2032 (USD Billion)
- 7.5. Corporate
- 7.5.1. Global Background Music Market, by Corporate, By Region, 2019-2032 (USD Billion)
- 7.6. Leisure and Hospitality
- 7.6.1. Global Background Music Market, by Leisure and Hospitality, By Region, 2019-2032 (USD Billion)
- 7.7. Cafes and Restaurants
- 7.7.1. Global Background Music Market, by Cafes and Restaurants, By Region, 2019-2032 (USD Billion)
- 7.8. Fitness and Recreational Sport Centres
- 7.8.1. Global Background Music Market, by Fitness and Recreational Sport Centres, By Region, 2019-2032 (USD Billion)
- 7.9. Spas & Wellness Centres
- 7.9.1. Global Background Music Market, by Spas & Wellness Centres, By Region, 2019-2032 (USD Billion)
- 7.10. Beauty & Hair Salons
- 7.10.1. Global Background Music Market, by Beauty & Hair Salons, By Region, 2019-2032 (USD Billion)
- 7.11. Others
- 7.11.1. Global Background Music Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Background Music Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Background Music Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Background Music Market - North America
- 8.3.1. North America: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.3.3. North America: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.3.4. Background Music Market - U.S.
- 8.3.4.1. U.S.: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.3.5. Background Music Market - Canada
- 8.3.5.1. Canada: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.4. Background Music Market - Europe
- 8.4.1. Europe: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.4.3. Europe: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.4.4. Background Music Market - UK
- 8.4.4.1. UK: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.4.5. Background Music Market - France
- 8.4.5.1. France: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.4.5.3. France: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.4.6. Background Music Market - Germany
- 8.4.6.1. Germany: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.4.7. Background Music Market - Italy
- 8.4.7.1. Italy: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.4.8. Background Music Market - Spain
- 8.4.8.1. Spain: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.4.9. Background Music Market - Netherlands
- 8.4.9.1. Netherlands: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.4.10. Background Music Market - Russia
- 8.4.10.1. Russia: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.5. Background Music Market - Asia Pacific
- 8.5.1. Asia Pacific: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.5.4. Background Music Market - China
- 8.5.4.1. China: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.5.4.3. China: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.5.5. Background Music Market - India
- 8.5.5.1. India: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.5.5.3. India: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.5.6. Background Music Market - Malaysia
- 8.5.6.1. Malaysia: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.5.7. Background Music Market - Japan
- 8.5.7.1. Japan: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.5.8. Background Music Market - Indonesia
- 8.5.8.1. Indonesia: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.5.9. Background Music Market - South Korea
- 8.5.9.1. South Korea: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.6. Background Music Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.6.4. Background Music Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.6.5. Background Music Market - UAE
- 8.6.5.1. UAE: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.6.6. Background Music Market - Israel
- 8.6.6.1. Israel: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.6.7. Background Music Market - South Africa
- 8.6.7.1. South Africa: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.7. Background Music Market - Latin America
- 8.7.1. Latin America: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.7.4. Background Music Market - Mexico
- 8.7.4.1. Mexico: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.7.5. Background Music Market - Brazil
- 8.7.5.1. Brazil: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
- 8.7.6. Background Music Market - Argentina
- 8.7.6.1. Argentina: Background Music Market, by Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Background Music Market, by End-User, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Background Music Market, by Deployment Mode, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Almotech Media Solutions
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Auracle Sound
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Cloud Cover Music
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Express Melody
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Imagesound
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Mood Media Corporation
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. OpenEar Music
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. PlayNetwork, Inc.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Qsic Pty Ltd
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Sirius XM Holdings, Inc.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Soundnet Limited
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. TouchTunes Music Corporation
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Xenox Music & Media B.V.
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development