Press release
Music Publishing Market Resilience Amidst Technological Advances
Music Publishing Market size was valued at US$ 6.68 Bn. in 2022 and the total revenue is expected to grow at 5.92 % through 2023 to 2029, reaching nearly US$ 9.99 Bn.Music Publishing Market Report Scope and Research Methodology
Report Scope: This report delves into the segments of the Music Publishing Market, focusing on Connectivity and Content and various applications across regions, including North America, Asia Pacific, Europe, Middle East & Africa, and South America.
Research Methodology: Our comprehensive analysis is based on a combination of primary and secondary research. We utilize market data provided by industry participants and gather information on macro and microenvironmental factors. Our research includes an in-depth exploration of past and future trends, demographics, technological advancements, and regulatory requirements in the global Music Publishing Market. This enables us to calculate growth rates for each segment and sub-segment.
Know More About The Report: https://www.maximizemarketresearch.com/market-report/global-music-publishing-market/105765/
What are Music Publishing Market Dynamics?
The music industry has undergone significant changes in recent years, with the rise of music streaming services like Spotify and Pandora. Despite the decline in physical music sales, the industry is growing due to an increase in the number of musicians worldwide and technological advancements. Music publishers are in high demand as artists seek personalized attention for managing their music, copyrights, and other matters. Moreover, new licensing opportunities for music IP creators are emerging, with platforms like TikTok and Triller securing music IP licenses, opening up new revenue streams.
Music Publishing Market Segmentation:
The growth of streaming has not only been tolerated by the music business but also actively promoted. The success of streaming is just one chapter in the story of a business that is committed to taking advantage of the possibilities offered by technology improvements and has partnered with some of the biggest and most progressive companies in the sector. Recent years have seen a rapid surge in the popularity of voice control, which is sometimes seen as the turning point when smart speakers entered the mainstream. Microsoft estimates that in 2022, the proportion of individuals who own a smart home speaker will have increased by 22%. A Microsoft study from 2022 found that 23% of participants already had a smart speaker, and another 30% intended to do so.
by Type
Performance
Digital
Synchronization
Mechanical
Others
by Application
Commercial
Common Weal
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Who are Music Publishing Market Key Players?
1. Sony/ATV Music Publishing LLC
2. Universal Music Publishing Group
3. Warner/Chappell Music Inc.
4. BMG Rights Management
5. Disney Music Group
6. Broadcast Music, Inc.
7. Avatar Publishing Group
8. Criterion Music Corporation
9. Super Cassettes Industries Private Ltd.
10. Mass Appeal India
11. Kobalt Music Publishing
12. Downtown Music Publishing
13. Concord Music Publishing
14. Atlas Music Publishing
15. Wixen Music Publishing.
Table of Content: Music Publishing Market
Part 01: Executive Summary
Part 02: Scope of the Music Publishing Market Report
Part 03: Global Music Publishing Market Landscape
Part 04: Global Music Publishing Market Sizing
Part 05: Global Music Publishing Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Regional Insights:
North America dominated the market in 2022, with rapid adoption of digital music distribution and the presence of major industry players such as Warner Music Group, Universal Music Group, and Sony Music Publishing. Performance rights accounted for the largest share of overall revenue, followed by synchronization, mechanical, and others. The annual revenue from music publishing reached USD 3.20 billion in 2022, with performance revenue making up 54.6% of total sales.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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