(Entertainment-NewsWire.com, October 12, 2017 ) Background music plays an important role in modern commercial and residential spaces. Retail stores, public transit, elevators, and malls are some of the major users of background music. This kind of music is intended for passive listening and helps in improving the ambience of places. It also positive influences a customer's mood, resulting in better shopping experiences for customers and retailers. The global background music market is fragmented with the presence of a large number of small and large vendors.
Publisher's analysts forecast the global background music market to grow at a CAGR of 3.69 % during the period 2017-2021. For more information about this report: http://www.reportsweb.com/global-background-music-market-2017-2021 . Covered in this report The report covers the present scenario and the growth prospects of the global background music market for 2017-2021. To calculate the market size, the report considers the revenue generated from the use of background music by the following end-users: - Hospitality sector - Retail sector - Commercial buildings - Public infrastructure - Others
Publisher's report, Global Background Music Market 2017-2021, 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 Media Solutions - Imagesound - Mood Media - NSM Music Group - PlayNetwork
Other prominent vendors - CSI Music Services - Easy On Hold - HIBOU MUSIC - Nimbletank - SBA Music - Sunflower Music Market driver - Increase in hotel construction - For a full, detailed list, view our report
Market challenge - Increased adoption of digital music - For a full, detailed list, view our report
Market trend - Increase in number of concerts and live performances - For a full, detailed list, view our report