Report overview
The music industry consists of the companies and individuals that earn money by creating new songs and pieces and selling live concerts and shows, audio and video recordings, compositions and sheet music, and the organizations and associations that aid and represent music creators.
This report contains market size and forecasts of Music in Global, including the following market information:
Global Music Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Music market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Songs Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Music include Universal Music Group, Sony Music Entertainment, Warner Music Group, EMI Group, BMG Rights Management, ABC-Paramount Records and Red Hill Records, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Music companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Music Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Music Market Segment Percentages, by Type, 2021 (%)
Songs
Concerts
Shows
Video Recordings
Compositions
Others
Global Music Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Music Market Segment Percentages, by Application, 2021 (%)
Asia
European
North America
South America
Africa
Other
Global Music Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Music Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Music revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Music revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Universal Music Group
Sony Music Entertainment
Warner Music Group
EMI Group
BMG Rights Management
ABC-Paramount Records
Red Hill Records
