Significant fluctuations are estimated for all segments over the forecast period for the penetration rate. Comparing the four different segments for the year 2029, the segment 'Music Streaming' leads the ranking with 3.95 percent. Contrastingly, 'Free (Ad-Supported) Podcast Listeners' is ranked last, with 2.31 percent. Their difference, compared to Music Streaming, lies at 1.64 percentage points.
Penetration rate in the digital music market in Kazakhstan from 2017 to 2029, by segment
Data provided by Statista Market Insights are estimates.
Definition:
Digital music refers to music that is stored, transmitted, and accessed in a digital format, typically through electronic devices such as computers, smartphones, tablets, and digital audio players. Digital music can be created, distributed, and consumed entirely in digital form, without the need for physical media such as CDs, vinyl records, or cassette tapes. Digital music can be in various file formats, such as MP3, AAC, FLAC, or WAV, and can be downloaded, streamed, or purchased online from digital music platforms, online stores, or streaming services. Digital music has revolutionized the way music is produced, distributed, and consumed, providing greater accessibility, convenience, and flexibility for music lovers around the world.
Structure:
The market consists out of music streaming, which is the streaming of music through apps on a subscription basis, music downloads, which is the download of music on a device, music streaming advertising and podcast advertising, which are the advertising spendings in each of the markets.
Additional Information:
The market comprises revenues, users, average revenue per user, and penetration rates. Revenues are generated through purchases and subscriptions. Market numbers for digital music can also be found in the digital media topic. Key players in the market are companies, such as Spotify, Apple or Amazon.
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Statista. (December 16, 2024). Penetration rate in the digital music market in Kazakhstan from 2017 to 2029, by segment [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1418321/online-music-penetration-by-segment-kazakhstan/
Statista. "Penetration rate in the digital music market in Kazakhstan from 2017 to 2029, by segment." Chart. December 16, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1418321/online-music-penetration-by-segment-kazakhstan/
Statista. (2024). Penetration rate in the digital music market in Kazakhstan from 2017 to 2029, by segment. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1418321/online-music-penetration-by-segment-kazakhstan/
Statista. "Penetration Rate in The Digital Music Market in Kazakhstan from 2017 to 2029, by Segment." Statista, Statista Inc., 16 Dec 2024, https://www.statista.com/statistics/1418321/online-music-penetration-by-segment-kazakhstan/
Statista, Penetration rate in the digital music market in Kazakhstan from 2017 to 2029, by segment Statista, https://www.statista.com/statistics/1418321/online-music-penetration-by-segment-kazakhstan/ (last visited December 19, 2024)
Penetration rate in the digital music market in Kazakhstan from 2017 to 2029, by segment [Graph], Statista, December 16, 2024. [Online]. Available: https://www.statista.com/statistics/1418321/online-music-penetration-by-segment-kazakhstan/