The global background music market, valued at over USD 1.5 billion in 2021, is set to experience significant growth, expanding at a Compound Annual Growth Rate (CAGR) of 5.1% from 2022 to 2031. Analysts project the market will surpass USD 2.3 billion by the end of 2031, driven by increasing demand across various end-use segments, including hotels, fitness and recreational sports centers, and...
The report " Background Music Market by Product Type (Music Streaming, AV Systems Equipment), by End User (Retail Stores, Cafa & Restaurants, Public Organizations, Leisure & Hospitality, Others)- Global Forecasts to 2030"
The global background music market is projected to reach USD 89.85 million in 2023, registering at a Compound Annual Growth Rate (CAGR) of 6.3%...
The main objective of the Vantage Market Research report is to provide a comprehensive assessment of the Global Background Music Market including key stakeholders of Background Music Industry. Current and historical market status along with projected market size and trends are shown in the assessment in a simple manner. Additionally, the report delivers data on market volume,...
The rising demand for background music can be attributed to its multifaceted benefits across various industries. In retail settings, background music has been shown to influence consumer behavior, creating a more pleasant atmosphere that encourages longer stays and increased spending. Similarly, in the hospitality sector, carefully curated background music enhances the overall guest experience,...