Global Music Streaming Market to Reach USD 31.10 Billion by 2027, Predicts Technavio Report
Digital Studio|December 2023
The global music streaming market is poised for robust growth, with a forecasted valuation of USD 31.10 billion by 2027, according to a report by Technavio.
Global Music Streaming Market to Reach USD 31.10 Billion by 2027, Predicts Technavio Report

The report attributes this growth to factors such as the increasing adoption of smartphones, the expansion of digital infrastructure, and the rising popularity of subscription-based streaming services.

The market is witnessing a significant shift from traditional music distribution methods to digital platforms, driven by the convenience and accessibility offered by streaming services. With a growing number of consumers preferring on-the-go music experiences, the demand for streaming platforms continues to surge.

Denne historien er fra December 2023-utgaven av Digital Studio.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 2023-utgaven av Digital Studio.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA DIGITAL STUDIOSe alt
Swiggy Ventures into the Sports Realm with New Subsidiary, Swiggy Sports Private Limited
Digital Studio

Swiggy Ventures into the Sports Realm with New Subsidiary, Swiggy Sports Private Limited

Swiggy, a leading Indian online food delivery platform has announced its venture in the media and entertainment sector.

time-read
1 min  |
February 2025
Light Iron Enhances Bi-Coastal Workflow with Nara’s Streamlined Post-Production Solution
Digital Studio

Light Iron Enhances Bi-Coastal Workflow with Nara’s Streamlined Post-Production Solution

Light Iron, the post-production creative services division of the Panavision group, has selected Nara for its New York and Los Angeles facilities – streamlining its workflow solution and accessibility across sites from dailies through to finishing.

time-read
2 mins  |
February 2025
TAG Video Systems Partners with Tencent Cloud
Digital Studio

TAG Video Systems Partners with Tencent Cloud

TAG Video Systems, a leader in softwarebased real-time media monitoring and visualization, has partnered with Tencent Cloud, the cloud business of the leading global technology company Tencent.

time-read
1 min  |
February 2025
THE ART OF MICRO PHOTOGRAPHY: X-TRACT LENS
Digital Studio

THE ART OF MICRO PHOTOGRAPHY: X-TRACT LENS

With its distinctive shape, the X-tract lens transforms macro filmmaking by providing a wide-angle zoom and precise focus for shooting subtle details.

time-read
4 mins  |
February 2025
Signiant Secures Growth Investment from Battery Ventures to Expand Media Tech Solutions
Digital Studio

Signiant Secures Growth Investment from Battery Ventures to Expand Media Tech Solutions

Signiant, a leading provider of secure file transfer software for the media and entertainment industry, announced a majority growth investment from Battery Ventures, a global, technology-focused investment firm.

time-read
1 min  |
February 2025
Union Minister Ashwini Vaishnaw Inaugurates State-of-the-Art Auditorium at FTII Pune
Digital Studio

Union Minister Ashwini Vaishnaw Inaugurates State-of-the-Art Auditorium at FTII Pune

Union Minister of Information and Broadcasting, Railways and Electronics and Information Technology Ashwini Vaishnaw inaugurated an Auditorium of Film and Television Institute of India, Pune.

time-read
1 min  |
February 2025
C-DOT and IITs Collaborate on Indigenous Wideband Spectrum-Sensor ASIC-Chip for Enhanced Efficiency
Digital Studio

C-DOT and IITs Collaborate on Indigenous Wideband Spectrum-Sensor ASIC-Chip for Enhanced Efficiency

In a significant step towards developing Indigenous state-of-the-art next-generation telecommunications technology, the Centre for Development of Telematics (C-DOT), the premier Telecom R&D centre of the Department of Telecommunications (DoT), Government of India has signed an agreement with the Indian Institute of Technology Mandi (IIT Mandi) in collaboration with Indian Institute of Technology Jammu (IIT Jammu), for the development of “Wideband Spectrum-Sensor ASIC-Chip for Enhancing the Spectrum Utilization”.

time-read
2 mins  |
February 2025
Cinegy Resolves H.264 Interlace Encoding Challenge with Latest Cinecoder SDK Update
Digital Studio

Cinegy Resolves H.264 Interlace Encoding Challenge with Latest Cinecoder SDK Update

Cinegy announces the release of a new version of its Cinecoder video codec SDK, solving a fundamental problem for TV and broadcast industries.

time-read
2 mins  |
February 2025
SIGNIANT: THE GAME CHANGER IN CORBEL 3D'S FILE TRANSFER JOURNEY
Digital Studio

SIGNIANT: THE GAME CHANGER IN CORBEL 3D'S FILE TRANSFER JOURNEY

Corbel 3D, renowned for its photogrammetry services in the entertainment sector, grappled with significant data transfer challenges, particularly with 4D scans producing up to 36 GB per second.

time-read
8 mins  |
February 2025
Union Budget 2025: IESA Proposes Key Recommendations to Boost the Semiconductor Sector
Digital Studio

Union Budget 2025: IESA Proposes Key Recommendations to Boost the Semiconductor Sector

The India Electronics and Semiconductor Association (IESA), under the leadership of Ashok Chandak, has put forward a series of recommendations for the Union Budget 202526, aiming to strengthen India’s electronics and semiconductor sectors.

time-read
2 mins  |
February 2025