AUDIO STREAMING MARKET ANALYSIS
Growing piracy of the licensed content is expected to be a challenge for the industry growth
Revenue generated from these streaming technologies is expected to witness considerable surge. However, market is expected to face significant challenges from growing piracy across the globe, specifically in emerging economies. Moreover, low profit margins, licensing related expenditure & efforts and growing competition owing to high threats from new entrants are expected to consistently hinder the overall audio streaming market growth.
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