Music Publishing Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

The global music publishing market is anticipated to grow at a considerable CAGR of 6.7% during the forecast period (2023-2030). Wearable and wireless technology are trending solutions in the music publishing market. Such devices offer movability and are important in concerts and live performances. Most of the vendors in the music industry partner with value chain enablers to have easy access to and reach the consumer base, which enables listening of music through these mediums and creates a significant user base. The global music publishing market is growing in direct proportion to the increasing number of artists and live performances. Furthermore, the growth of the media and entertainment industries is the primary driver of the music publishing market.

The music publishers are the vital intermediaries between the songwriters and the recording companies. The music publisher requires the song's copyright and a fee to publish the musical content, commonly known as royalty. Physical music sales have declined due to the popularity of music streaming services such as Spotify. However, the market is expanding due to an increasing number of artists globally and the most recent technological advancements in music. Music publishers are in high demand because many artists and musicians require the personalized service provided by music publishers to support them to handle their music, copyrights, and other assets. Furthermore, as consumers have shifted to digital platforms, the media industry has performed well.

While technology undoubtedly drives growth, it no longer operates against or adjacent to the music industry. It is a part of the industry and is being enhanced and harnessed by record companies. However, piracy and unethical downloads, using proxy sites, are a few factors that hinder the market's growth. For instance, in October 2021, Sony Music Publishing announced its partnership with music and film production studios in India, White Hill Music Pvt Ltd., to provide global publishing services for White Hill Music, including administration, synchronization, and catalog promotion. Sony Music Publishing will also deliver opportunities for international collaboration across its global network.

To Request a Sample of our Report on Music Publishing Market: https://www.omrglobal.com/request-sample/music-publishing-market

Market Coverage

• The market number available for - 2022-2030

• Base year- 2022

• Forecast period- 2023-2030

Segment Covered-

· By Royalty

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

• Competitive Landscape- Sony Music Publishing LLC, Universal Music Publishing Group, Warner/Chappell Music Inc., Broadcast Music Inc., Concord Music Group Inc., and others.

Music Publishing Market Report Segment

By Royalty

· Performance

· Synchronization

· Digital Revenue

· Physical Revenue

· Others

A full Report of Music Publishing Market is Available @ https://www.omrglobal.com/industry-reports/music-publishing-market

Music Publishing Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· Abkco Music and Records Inc.

· Atlas Music Publishing LLC

· Bertelsmann SE and Co. KGaA

· Big Yellow Dog Music

· Black River Entertainment

· BMG Rights Management

· Broadcast Music Inc.

· Concord Music Group Inc.

· Downtown Music Holdings Group of Companies

· Hipgnosis Songs Fund Ltd.

· Kobalt Music Group Ltd.

· Peermusic Inc.

· Reach Global Inc.

· Round Hill Music LP

· Sony Group Corp.

· SoundExchange Inc.

· Super Cassettes Industries Ltd.

· The Walt Disney Co.

· Universal Music Group NV

· Warner Music Group Corp

· Wixen Music Publishing Inc.

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/music-publishing-market

https://www.somosxbox.com.mx/noticias-urgente/el-mercado-de-cubiertas-moviles-sera-testigo-de-un-crecimiento-asombroso-para-2029/120862/
https://perualdia.net/tasa-de-crecimiento-lento-del-mercado-de-cocinas-modulares-previsto-para-2023-2030/
https://ekz-crosstour.ch/news/der-markt-fuer-insektenschutzmittel-wird-bis-2023-2029-ein-starkes-wachstum-verzeichnen/129165/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.