Global Online Music Streaming Market to Surpass $40 Billion by 2032, Driven by Smart Devices and Internet Penetration [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance
Model, Platform, Content Type, End User, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering. Projections indicate that the market, which stood at US$ 19.7 billion in 2023, is forecasted to reach a value of US$ 40.6 billion by 2032, expanding at a compound annual growth rate (CAGR) of 8.37%. This growth is underpinned by the proliferation of smart devices and the increasing accessibility of high-speed internet globally. Technological innovations and the integration of music streaming services with various platforms have been influential in catalyzing market growth. The advent of intelligent personal assistants, like Amazon's Alexa and Google Cast, has enabled consumers to enjoy hands-free control over their music streaming experience. Such seamless functionality, coupled with the burgeoning adoption of smart homes, has propelled the demand for these services. Trends and Consumer Preferences Shaping the Market The market is further energized by the
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AMZN
Earnings
- 4/30/24 - Beat
AMZN
Sec Filings
- 5/20/24 - Form PX14A6G
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- AMZN's page on the SEC website