Music Publishing Market Exclusive Study on Upcoming Trends and Growth Opportunities To 2030

𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐮𝐬𝐢𝐜 𝐏𝐮𝐛𝐥𝐢𝐬𝐡𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐆𝐫𝐨𝐰𝐭𝐡 𝐚𝐧𝐝 𝐓𝐫𝐞𝐧𝐝𝐬

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

The global music publishing market was valued at USD 7.07 billion in 2023 and is projected to reach approximately USD 10.58 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.92% from 2024 to 2030. Music publishing encompasses the acquisition and management of music rights from songwriters, composers, and other rights holders, as well as the licensing of these rights. Revenue in this sector predominantly comes from mechanical, performance, synchronization, digital, and various other royalties. Music publishers play a crucial role in ensuring that artists are compensated when their works are commercially utilized, with copyright transfer typically handled through publishing agreements.

𝐅𝐨𝐫 𝐟𝐮𝐫𝐭𝐡𝐞𝐫 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧, 𝐜𝐥𝐢𝐜𝐤 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐥𝐢𝐧𝐤:https://www.maximizemarketresearch.com/request-sample/105765/

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬

In recent years, the music industry has undergone significant transformation. The shift from physical music sales to digital streaming platforms like Spotify and Pandora has revolutionized how music is consumed. Despite this transition, the industry continues to expand, driven by technological innovations and a growing number of artists seeking professional management of their music rights and related matters. This increased demand for specialized services has buoyed the market for music publishing.

The emergence of new licensing opportunities has been a notable trend. Platforms such as TikTok, Triller, and Peloton have begun securing music licensing agreements, unlocking potential revenue streams for rights holders. For instance, a licensing agreement between the National Music Publishers Association (NMPA) and TikTok in July 2021 highlights the expanding market for music IP. TikTok, with over 700 million global users, represents a significant opportunity for music publishers. Similar agreements with other major platforms like Facebook and Peloton are expected to further drive growth in the sector.

Consumer preferences have also shifted towards paid music services, enhancing revenue potential for the music publishing industry. Artists benefit from increased networking opportunities, copyright management, and contract establishment, which collectively contribute to a more profitable environment.

However, challenges persist, particularly with copyright issues. The digital age has complicated the enforcement of copyright, posing a significant barrier to market growth. Ensuring the protection of original content remains a major concern for the industry.

𝐒𝐭𝐫𝐞𝐚𝐦𝐢𝐧𝐠 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐦𝐩𝐚𝐜𝐭

The COVID-19 pandemic initially disrupted streaming patterns, with users shifting focus to other forms of entertainment. Despite a temporary decline in audio streaming, recovery has been robust. By late April 2023, audio streaming metrics had improved, with Spotify reporting a 17% increase in subscription revenue year-on-year for Q2 2023. This rebound underscores the resilience of the streaming market and its continued importance in the broader music publishing landscape.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

The global music publishing market is segmented by type and application:

• 𝐁𝐲 𝐓𝐲𝐩𝐞: The market is divided into Performance, Digital, Synchronization, Mechanical, and Other royalties. The Digital segment emerged as the largest share holder in 2023, driven by the widespread adoption of streaming services. Technological advancements and the mainstream acceptance of smart speakers, as indicated by a 22% increase in smart speaker ownership in 2023, have further fueled growth in this segment.

• 𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧: The market is categorized into Commercial and Common Wealth applications.

𝐓𝐨 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞, 𝐬𝐢𝐦𝐩𝐥𝐲 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐛𝐞𝐥𝐨𝐰: https://www.maximizemarketresearch.com/request-sample/105765/

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

North America led the market in 2023, accounting for the largest share. The region's dominance is attributed to the 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. In 2023, North American music publishing generated USD 3.76 billion, with performance rights contributing the most to revenue. The region's extensive market presence and high revenue from performance rights underscore its pivotal role in the global music publishing sector.

𝐂𝐨𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧

The report aims to provide a thorough analysis of the global music publishing market, presenting past and current industry status, along with future trends and forecasts. It covers key aspects of the market, including a detailed examination of leading players, competitive dynamics, and regional variations. PORTER and PESTEL analyses offer insights into the micro-economic factors influencing the industry, providing a clear outlook for stakeholders and decision-makers.

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

𝐅𝐨𝐫 𝐚 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐨𝐯𝐞𝐫𝐯𝐢𝐞𝐰, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐝: https://www.maximizemarketresearch.com/market-report/global-music-publishing-market/105765/

𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭:

• 𝐓𝐡𝐞 𝐁𝐢𝐠 𝐏𝐢𝐜𝐭𝐮𝐫𝐞: Market size, overview, and key points.
• 𝐎𝐮𝐫 𝐅𝐨𝐜𝐮𝐬: Specific areas, timeframe, and scope we'll explore.
• 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: Who are the big businesses and up-and-comers?
• 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞: How much money is flowing in this market?
• 𝐌𝐚𝐫𝐤𝐞𝐭 𝐁𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: Different types of products/services and their segments.
• 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐂𝐡𝐞𝐜𝐤: How easy (or tough) is it to compete in this market?
• 𝐖𝐡𝐨'𝐬 𝐁𝐮𝐲𝐢𝐧𝐠?: Understanding the customer base and their needs.
• 𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭: How does this market differ around the world?
• 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐓𝐢𝐦𝐞: Making informed choices in this market.
• 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐡𝐢𝐟𝐭𝐬: What's driving changes in the market?
• 𝐅𝐮𝐭𝐮𝐫𝐞 𝐋𝐨𝐨𝐤: Emerging trends that will shape the market.
• 𝐓𝐡𝐞 𝐒𝐞𝐥𝐥𝐞𝐫𝐬: Who are the major companies selling in this market?
• 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: Strengths and weaknesses of the key players.

𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

• Past Market Size and Competitive Landscape
• Past Pricing and price curve by region
• Market Size, Share, Size & Forecast by Different Segment |
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o 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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𝐎𝐮𝐫 𝐀𝐝𝐝𝐫𝐞𝐬𝐬:

𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐏𝐯𝐭. 𝐋𝐭𝐝.
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