Musical Groups and Artists Market Size & Share Analysis - Growth Trends & Forecast (2024-2029)

The Musical Groups and Artists Market Report is Segmented by Type (Music Festivals, Music Concerts, Music Shows, and Other Types), by Genre (Rock, Pop, EDM, and Other Genres), by Revenue Source (Tickets, Sponsorship, and Other Revenue Sources), by Age Group (Below 20 Years, 21 To 40 Years, and Above 40 Years), by Geography (North America, Europe, Asia-Pacific, South America, and Middle East & Africa). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Musical Groups and Artists Market Size & Share Analysis - Growth Trends & Forecast (2024-2029)

Musical Groups And Artists Industry Overview

The music groups and artists market is highly competitive. With the decline in physical album sales, artists have diversified their revenue streams. They rely on income sources, including streaming royalties, merchandise sales, brand partnerships, sponsorships, and fan-supported platforms such as Patreon and crowdfunding. The major players are BMG Rights Management GmbH, Kobalt Music Group, Ltd., Sony Music Entertainment, Universal Music Group, and Warner Music Inc..

Musical Groups And Artists Market Leaders

  1. BMG Rights Management GmbH

  2. Kobalt Music Group, Ltd.

  3. Universal Music Group

  4. Warner Music Inc

  5. Sony Music Entertainment

  6. *Disclaimer: Major Players sorted in no particular order
Musical Groups And Artists Market Concentration