How big is the Music Market?

The Music Market size is expected to reach USD 30.70 billion in 2024 and grow at a CAGR of 8.54% to reach USD 45.65 billion by 2029. Read More

What is the current Music Market size?

In 2024, the Music Market size is expected to reach USD 30.70 billion. Read More

Who are the key players in Music Market?

BMG Rights Management GmbH, Kobalt Music Group, Ltd., SONY MUSIC ENTERTAINMENT, Universal Music Group and WARNER MUSIC INC. are the major companies operating in the Music Market. Read More

Which is the fastest growing region in Music Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Music Market?

In 2024, the North America accounts for the largest market share in Music Market. Read More

What years does this Music Market cover, and what was the market size in 2023?

In 2023, the Music Market size was estimated at USD 28.08 billion. The report covers the Music Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Music Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What trends are shaping the future of the Global Music Market?

Emerging trends in the Global Music Market are a) Artificial Intelligence in music creation c) Increased use of analytics to predict consumer trends c) Rise of immersive music experiences through virtual reality are discussed Read More

What are the key factors driving the Music Market?

Key factors driving the Music Market are a) Technological advancements b) Increasing digitalization c) Growth in music streaming services d) Evolving consumer preferences towards on-demand music Read More

Music Companies

This report lists the top Music companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Music industry.