Press release
Music Landscape Market 2022 Competitive Insights - BMG Rights Management GmbH, Kobalt Music Group, Ltd., SONY MUSIC ENTERTAINMENT
The Music Landscape Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The global music market is expected to witness a CAGR of 8.5% in the forecast period (2021 - 2026).
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Top Leading Companies of Music Landscape Market are BMG Rights Management GmbH, Kobalt Music Group, Ltd., SONY MUSIC ENTERTAINMENT, Sont ATV, Universal Music Group, WARNER MUSIC INC., Apple Inc., TIDAL, Curb Records, Inc., Deezer and others.
Industry News and Updates
October 2019 - AMPED, the indie distribution division of Alliance Entertainment has announced to enter into an agreement to provide physical music distribution service foe veteran punk rock label Epitaph Records and its sister music recording company Anti-.
- September 2019 - Symphonic Distribution, a music recording company launched its new in-house label called sleev3s.
Key Market Trends
United States to Dominate the Market
- The music market in the United States in 2018 has been driven by the increase in the revenue of recorded music due to an increasing number of paid subscriptions. According to the report by the music association in the country - RIAA, this number has exceeded the 60 million figure by the second quarter of 2019. Digital and customized radio services have also been a growing trend in the country.
- Additionally, the companies in the region are setting examples by achieving continuous growth in the revenue. For instance, Universal Music Group (UMG) based from New York is backed by Vivendi recently announced that UMG's revenue in first nine months of 2018 grew by 19.5% to USD 5.63 billion due to significant growth in subscriptions and streaming revenues and also by 14.9% increase in its physical product sales.
Regional Outlook of Music Landscape Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Music Landscape Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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