Mobile Cloud Music Services: A Global Strategic Business Report
San Jose, California (PRWEB) July 10, 2012
Follow us on LinkedIn – Cloud Music as a technology is revolutionizing the music industry, bringing about drastic changes in the way digital music is distributed and consumed. Distribution of music files over the Internet has been in vogue since late 1990s, allowing music lovers to buy and download digital files in order to listen to their favorite songs or albums. However, in the recent years, on-demand cloud based music streaming services have been growing in popularity as consumers increasingly opt for accessing and listening to music files via the cloud rather than buying and downloading it onto their computers hard disks or personal music players. This is primarily because of the fact that although music downloads to physical devices offer music lovers a chance to gain complete control over their favorite songs or albums, the strategy involves several bottlenecks encountered in the form of limited storage and processing capabilities. Although storage capacities of these devices have increased over the years, they are still finite and can only store and move limited volume of music at a time.
These challenges are effectively met through cloud solutions such as, cloud storage services, which are designed to help consumers store and manage huge volumes of music files in the cloud from a remote location, and cloud streaming services that provide music-as-a-service over the Internet without requiring users to download and store music files on physical computing devices. Cloud music services allow users to store all the music they have in addition to the music they purchase in future in a compressed format without having to worry about whether they have enough space for entire collection or not. Even if the consumer music volume exceeds the cloud storage capacity, these services can be easily scaled up to suit consumer requirement. Additionally, new cloud based services, which allow users to create and manage playlists, search for their favorite artists, songs or albums, and also receive song recommendations according to their music interests, make music listening over the cloud an interesting proposition.
As the music industry witnesses the transition of music storage from physical storage devices such as computers, iPods and other MP3 players to cloud storage services, the options to access music over the cloud only becomes overwhelming. While consumers can continue to use their traditional PCs for connecting to the Internet and accessing their music over the cloud in leisure, new options enabling on-the-go access to cloud music is now growing in prominence. With the emergence of new-age Internet enabled mobile devices, the need for consumers to be tethered to home-based computers in order to find and listen to music is fast diminishing. Increasing Internet speeds and faster processing power of these new-age mobile devices are allowing music lovers to connect to the Internet and access their favorite music over the cloud without having to download the same onto their devices. Enabling anywhere and anytime access to their favorite music, mobile phones are becoming an ideal choice for accessing cloud music even for the consumers. As consumers increasingly seek novel and more open approaches for storing and accessing music over the Internet and avoid issues with transferring music files from one device to another, mobile cloud based music services market is poised to gain big time in the short to medium term period.
Although still a niche market opportunity, mobile cloud music services is expected to pick up pace over the next few years, riding on the robust adoption of smartphones across the globe and increasing use of these devices for listening to music. Thanks to high-speed Internet access, built-in mobile music applications, easy playlist options, portability and better sound clarity offered by smartphones, consumers are increasingly dumping their traditional music devices such as MP3 players and computers and opting for smartphones to access music streams over the Internet, thus opening up world of opportunities for mobile cloud music services. With the number of music applications designed for smartphones growing at a rapid pace, the number of users downloading music over the Internet and storing it over the cloud too is on the rise, which augurs well for the mobile cloud music services. Introduction of high speed 3G/3.5G mobile networks across the globe will only boost market prospects further for mobile cloud music services in the upcoming years. Capable of providing wide bandwidth capacity and high-speed broadband Internet access to mobile users, 3G networks have made streaming music on mobile devices easily possible, thus laying a strong foundation for development of mobile cloud music services market.
As stated by the new market research report on Mobile Cloud Music Services, Asia-Pacific represents the most prominent regional market for the technology, with number of subscribers in the region growing at a CAGR of about 77.7% over the analysis period. Huge population, rising disposable incomes, growing consumer affluence, increasing adoption of high-end mobile phones, enormous smartphone penetration, and rising mobile service subscriptions, especially in emerging markets such as China and India make Asia-Pacific a market laden with immense opportunities for mobile cloud music services.
Major players in the global marketplace include Amazon, Apple, Inc., Google, Inc., Catch Media, Inc., KKBOX Inc., MOG Inc., PlusFourSix AB, Research In Motion, Rhapsody International Inc., Sony Network Entertainment International, Spotify Ltd., SugarSync Inc., among others.
The research report titled “Mobile Cloud Music Services: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections by Number of Subscribers (in Thousands) for major geographic markets including the North America, Europe, Asia-Pacific (including Japan) and Rest of World.
For more details about this comprehensive market research report, please visit –
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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