Top Companies in Background Music Market | Top Key Players Market Insights, Historical data, Growth analysis, Market Size & Share, | Vantage Market Research
The Background Music is a musical performance in which the music is not intended to be the listeners' primary focus but rather its content, personality, and volume level are selected to influence human behavioral and emotional responses such as relaxation, distraction, and concentration.
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Market Overview:
The Global Background Music Market was valued at USD 1,428.1 Million in the year 2021 and is projected to reach a value of USD 1,902.8 Million by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 4.9% over the forecast period. Background Music is evolving into a necessary part of nearly all current commercial infrastructures. First, the Background Music elements' purpose is to improve a retail location's vibe. Secondly, organizations have noticed Background Music's marketing aspect to enhance productivity by strengthening customer relationships. Finally, music in the background gives people a sense of cheerfulness in business spaces, enriching the shopping experience for shoppers. The Background Music market is expected to evolve owing to the increasing urbanization and the proliferation of modern infrastructure.
Developing economies with a substantial rise in contemporary infrastructure development produce a positive outlook for Background Music providers, and new entrants are expected to benefit. Value-added features like ample parking, complimentary food, pleasant ambiance, and engaging Background Music have all been related to improved foot traffic and consumer engagement. Background Music systems are gaining popularity in various businesses because they encourage customers to stay longer, which leads to increased sales. Furthermore, consumers identify the type and rhythm of Background Music with certain products, significantly impacting their purchasing habits.
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Some of the key players operating in the Background Music Market are listed below:
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Company Name |
Revenue in the US |
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<$5 Million |
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$680 Million |
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$35 Million |
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<$5 Million |
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<$5 Million |
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<$5 Million |
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<$5 Million |
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$17 Million |
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<$5 Million |
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<$5 Million |
Headquartered at Capital Federal, Buenos Aires, Argentina, The Spotify of Commercial Spaces is Brandtrack. The company provides the most high-tech Background Music platform for commercial venues. Their sophisticated algorithm analyses various consumer behaviors to provide a soundtrack that improves the customer experience. The brand track is a service that enhances the purchasing experience for customers and makes music curating easier. It also solves concerns businesses have with other music services by allowing them to ensure that the music is played in their locations, among other things.
Headquartered in U.S., Mood Media Corporation is in-store music, digital signage, hold music, on-hold message, smell, integrated audio/video, and interactive mobile marketing company with a global presence. The company serves various retailers and other business verticals, including restaurant, financial, healthcare, hospitality, and quick-service restaurants.
Headquartered in the U.S., TouchTunes is the most extensive in-venue interactive entertainment and music platform. Over 75,000 pubs, restaurants, and other shared places worldwide use TouchTunes to provide creative entertainment and media solutions. Through an integrated music platform that incorporates digital jukeboxes, mobile, picture booth, and TouchTunesTV, their award-winning music systems generate engagement and encourage customers to stay longer.
Headquartered in El Segundo, Cloud Cover Music is a market leader in supplying music and promotional messages for retailers and other businesses. Cloud Cover Music's service is already in use at thousands of stores and offices, with cost and performance advancements offered through the cloud, as Cloud Cover Music aggressively penetrates a market with over 10 million locations in North America alone. Additionally, over 165 expertly prepared playlists cover every musical genre imaginable.
Headquartered in the U.K., Open Ear is a music consultancy specializing in music planning and playlist creation for the hotel, leisure, and retail sectors. The company provides multiple player apps that support 300+ readymade playlists, create customized playlists, import Spotify playlists, schedule your music, control your mobile, connect with your customers, and are licensed and legit.
Headquartered in Victoria, Qsic Pty Ltd. connects everything; innovation, ideas, people, devices, and technology to build intelligent environments that respond to and learn with each customer. They assist innovators in transforming the front of the house of quick-service restaurants, gasoline & convenience stores, retail, banking, and grocery stores to deliver improved back-of-house insights.
Headquartered in the U.S., Easy on Hold provides contact centers, enterprise-level enterprises, and small-medium businesses with streaming music and messaging on a personalized marketing schedule via their phones and overhead surrounding addition. They produce an efficient message on hold productions, voice mail, greetings, recordings, announcements, phone on hold, and unique messages for the hold button.
Headquartered in the U.S., the jukebox is a coin-operated, partially automated music-playing machine that plays a patron's selection from self-contained media. The traditional jukebox features buttons with letters and numbers for selecting a particular record.
Headquartered in the U.K., Sunflower Music was founded to meet the Background Music demands of businesses ranging from pubs and restaurants to retail stores and the leisure industry. Sunflower Music was created in 2000 to develop custom music playlists for clientele that value attention to detail.
Headquartered in England, NSM Music Limited is a company that creates and sells music systems. Digital jukeboxes, Background Music systems, and other accessories are available from the company. NSM Music Ltd. combines decades of interactive jukebox music knowledge and European design brilliance with the personal care and service that anyone would expect from a long-standing company to offer well-built products, earn well, and are well-supported.
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