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Global Background Music Market 2016-2020

Press Release   •   Feb 07, 2017 14:45 IST

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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.

Technavios analysts forecast the global background music market to grow at a CAGR of 2.89% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global background music market for 2016-2020. To calculate the market size, Technavio considers the revenue generated by background music used in restaurants, department stores, shopping malls, elevators, airports, cruise ships, and corporate offices in the Americas, APAC, and EMEA.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Background Music Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Almotech

Imagesound

Mood Media

NSM Music

PlayNetwork

Other prominent vendors

CSI Music

Easy on Hold

Hibou Music

Sunflower Music

Soundjack

Download Sample Copy of This Report at: http://www.marketresearchreports.biz/sample/sample/775733