A music recording is a physical record of a musical performance that may be replayed or reproduced. Sizing and Forecast The music recording market size has grown strongly in recent years. It will grow from $55.44 billion in 2023 to $59.59 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to distribution platforms, music industry business models, artist promotion and marketing, copyright and intellectual property laws, cultural and genre trends. The music recording market size is expected to see strong growth in the next few years. It will grow to $78.94 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to streaming dominance, emergence of niche markets, virtual and augmented reality experiences, blockchain and decentralized distribution, direct-to-fan engagement. Major trends in the forecast period include collaborations with other industries, ai and music creation, technology evolution, focus on high-resolution audio, emergence of virtual concert. Order your report now for swift delivery, visit the link: https://www.thebusinessresearchcompany.com/report/music-recording-global-market-report Segmentation & Regional Insights The music recording market covered in this report is segmented – 1) By Type: Record Production, Music Publishers, Record Distribution, Sound Recording Studios 2) By Application: Mechanical, Performance, Synchronization, Digital, Other Applications 3) By End-User: Individual, Commercial 4) By Genre: Rock, Hip hop, Pop, Jazz, Other Genres Asia-Pacific was the largest region in the music recording market in 2023. Western Europe is expected to be the fastest growing region in the forecast period. The regions covered in the music recording market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Intrigued to explore the contents? Secure your hands-on a free sample copy of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=2188&type=smp Major Driver Impacting Market Growth Access to music on mobile platforms has increased significantly in recent years and this trend is such asly to continue in the forecast period, thus driving the music recordings market. This is mainly driven by the rise in internet penetration and growth in smartphones and tablets, especially in emerging countries. In 2021, there was an 65% increase in music streaming accounts. Thus, a rise in the demand for music content through mobile platforms is expected to have a positive effect on the market during the forecast period. Key Industry Players Major companies operating in the music recording market report are Sony Corp., Capitol Studios, Financière de l'Odet, Bertelsmann SE & Co KGaA, Universal Music Group, Warner Music, Hasbro Inc., Quad Studios, EMI Records Ltd., EastWest Studios, BMG Rights Management GmbH, GMM Grammy Public Company Limited, Abbey Road Studios, Metropolis Studios, Henson Recording Studios, Avex Inc., FUJI MEDIA HOLDINGS INC., PolyGram N.V., Emperor Entertainment Group, Pathé Records, Electric Lady Studios, Blackbird Studio, Sunset Sound Recorders, Ocean Way Recording, United Recording Studios, Record Plant, Associated Independent Recording, Real World Studios, Sonic Ranch, Studios 301, The Village Studios, Epic Records, Virgin Records, Avatar Studios (Power Station), RAK Studios The music recording market report table of contents includes: 1. Executive Summary 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis . . . 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis Explore the trending research reports from TBRC: Contact Us: The Business Research Company Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: info@tbrc.info Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company Twitter: https://twitter.com/tbrc_info Facebook: https://www.facebook.com/TheBusinessResearchCompany YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Blog: https://blog.tbrc.info/ Healthcare Blog: https://healthcareresearchreports.com/ Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
The report titled as “Global Music Recording Market Research Report 2019”, which expedites the broad and focuses on growth of market.
The market size is finished with help of detailed research and research through sub-studies.
This report can be marked as an in-depth study of the key dynamics of the global market.
For the benefit of the client, an outline of the types, processes and value chains are covered in the report.
Click HERE To get SAMPLE PDF (Including TOC, Table & Figures) at: https://introspectivemarketresearch.com/request/7896Key Player Mentioned: Universal Music Group, Sony/ATV Music Publishing, Warner Music Group, BMG Rights Management, Kobalt Music, SONGS Music PublishingProduct Segment Analysis: Music Publishing, Music Recordings and othersApplication Segment Analysis: Mechanical, Performance, Synchronization, Digital, Others.
)This study on the Music Recording market discusses the scenario for the market period of 2020 to 2027, wherein the data is collected from the past and historical data from years 2018 and 2019.The study enables readers to make critical decisions relating to their business, with the help of a valuable data enclosed in the study.
TheBusinessResearchCompany published its Film And Music Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global film and music market.
The report covers the film and music market’s segments- music recording, film and video record production, music publishers, record distribution, sound recording studios, film and video production, film and video distribution, post-production services, film and video theatres, and other film and video industries.Explore Complete Report https://www.thebusinessresearchcompany.com/report/film-and-music-global-market-reportFilm And Music Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.Request to get the sample of this report https://www.thebusinessresearchcompany.com/sample.aspx?id=1922=smpMotion capture stereoscopic 3D (S3D) and digital out-of-home advertising are the major trends witnessed in the global film and music market.
With the emergence of digitization and increase in mobile video viewing, the scope and potential for the global film and music market is expected to significantly rise in the forecast period.Purchase Report (Individual License at USD 4000.00) At: https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=1922Chapters from Table of Content:Chapter 1.
