Christy Publications Background Music Market | Page 2
these spaces, music is intended for passive listening and it helps in improving engagement of
customers and improving the ambience.
Music in various styles and permutations such as amplified or acoustic, instrumental or vocal,
or any other format is a universal and ubiquitous cultural expression. It represents human
culture, thus can have immense impact on human minds. Except in few countries such as
Afghanistan, Mali, and others, music is available in almost all countries. Music travels through
commercial or informal digital broadcasts, downloads, recordings, films, etc. impacting
travelers’ consciousness either in a positive or negative way. Background music providers have
also tracked this and incorporated the idea in their offerings. For instance, Beatsuite offers
adventure and travel genre of music, which can be sorted by mood/themes, keywords,
popularity, and release date. Moreover, travel vlogging is in trend, as people get to share
exceptional experiences by exploring remote places. In such cases, background music plays a
crucial role. A right soundtrack can make a travel-inspired more enticing. For instance, a Vlog
titled Dream on Costa Rica used the PremiumBeat track ‘Earth, Wind and Power’ by Simon
Charrier. In this video, when the music kicks in at the 19-second mark, it complements the
inspiring, dreamlike quality of the video perfectly.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/background-music-market-2563
Key Takeaways of the Market:
Asia Pacific is expected to be the fastest growing region in the background music market,
with China and India poised to be the growth engines of the market. Asia Pacific
background music market is projected to witness the highest growth rate of 6.9% during
the forecast period. The growth in this region is attributed to accelerating demand for
background music in retail sector of emerging economies such as China and India.
According to Coherent Market Insights’ analysis, the Asia Pacific retail industry is one
among the active industries in leveraging the technologies such as IoT and robotics, to
improve customer experience and generate more sales. Increasing internet penetration,
cross-border e-commerce, and smartphone adoption in Asia Pacific region are driving
retailers to adopt digital technologies in music streaming. According to Coherent Market
Insights’ analysis, Asia Pacific offers lucrative opportunity for music streamers, as 14% of
the global digital music industry’s revenue is contributed by this region.