Press release
Global Music Publishing Market Growth, Trends, and Opportunities from 2024 to 2030
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ - ๐๐ซ๐๐ง๐๐ฌ, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ฒ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐๐ฌ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง
The global music publishing market is experiencing significant growth, driven by rising demand for music content across digital platforms, increasing consumer engagement with music streaming services, and the expanding role of intellectual property in revenue generation. According to a recent market report, the global music publishing market is expected to grow at a CAGR of 6.3% over the forecast period, with a market size projected to reach USD 28.5 billion by 2028.
๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ & ๐๐ซ๐จ๐ฐ๐ญ๐ก
The music publishing industry is integral to the global entertainment sector, encompassing various revenue streams such as royalty collection, licensing, and digital media. The global market size is seeing an upward trajectory as digital transformations reshape the way music is consumed. Factors such as the proliferation of music streaming platforms like Spotify, Apple Music, and Amazon Music contribute to the accelerated market growth.
๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐๐ญ๐ง๐๐ฆ ๐๐ง ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
Vietnam, with its growing middle class and increasing smartphone penetration, offers promising opportunities for the expansion of the music publishing market. The government's push for the digitization of cultural assets is fueling growth in the local publishing segment. Furthermore, collaborations with international music publishers such as Warner Music are enhancing the market presence in this emerging market.
๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ก๐ข๐ง๐ ๐๐ง ๐๐ซ๐จ๐ฐ๐ญ๐ก
China continues to dominate the Asian music publishing market, with an expanding internet user base and an ever-growing demand for local and international music content. The China music publishing industry has witnessed an uptick in mergers and acquisitions, including the acquisition of Tencent Music by global companies aiming to strengthen their foothold. The market is expected to grow at an impressive CAGR as local content creators leverage digital platforms to scale their reach.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ : https://www.maximizemarketresearch.com/request-sample/105765/
๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง ๐๐ซ๐๐ง๐๐ฌ
Thailand's evolving entertainment landscape is witnessing substantial growth in the music publishing market. The rise of homegrown talents and collaborations with international publishers like Universal Music Publishing Group is contributing to this trend. In addition, the booming local tourism industry is also indirectly boosting the music sector, creating new avenues for publishers.
๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Japan has long been a global leader in music publishing, with established companies like Sony Music Publishing dominating the market. However, recent trends indicate a consolidation phase as smaller publishers look for mergers or partnerships to remain competitive. The rise of digital music consumption is reshaping the competitive landscape, and Japanese publishers are increasingly focusing on international expansion.
๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง
South Korea's K-pop industry has revolutionized the global music publishing market. With massive international success, Korean publishers like SM Entertainment and BigHit Music are at the forefront of this change. Mergers and acquisitions have played a pivotal role in expanding their international reach, and the market is witnessing increased investment in digital music distribution platforms and IP rights management.
๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง ๐๐ซ๐จ๐ฐ๐ญ๐ก
Singapore is emerging as a hub for music publishing in Southeast Asia, with a vibrant entertainment industry and a supportive legal framework for intellectual property rights. The music publishing market in Singapore is benefitting from both regional and international collaborations, with companies such as Sony/ATV Music Publishing looking to expand their influence in the market.
๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ ๐๐ง ๐๐ซ๐๐ง๐๐ฌ
The United States remains the global leader in the music publishing industry. The dominance of streaming giants like Spotify and Apple Music has significantly impacted the market, driving innovation in royalty collection models and licensing agreements. Furthermore, recent M&As involving major players like BMG Rights Management are reshaping the competitive landscape, positioning U.S. companies as leaders in global music IP management.
๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ง ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Europe's music publishing market is going through a phase of consolidation, with key players like Warner Chappell Music and Universal Music Publishing strengthening their market presence. The increasing demand for licensing music across digital media and the rise of music streaming platforms are key growth drivers. However, intense competition is leading to strategic mergers and acquisitions, as companies look to solidify their positions in an increasingly fragmented market.
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
Warner Music recently signed a multi-year licensing agreement with YouTube, aiming to enhance its market position through digital rights management.
Tencent Music expanded its footprint in Southeast Asia by acquiring a significant stake in KKBOX, a regional music streaming service.
Sony Music Publishing has ramped up efforts in the K-pop industry, securing publishing rights for several top-tier K-pop acts, including BTS.
Universal Music continues to dominate the European market with new partnerships aimed at expanding digital content distribution.
๐๐จ๐จ๐ค๐ข๐ง๐ ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ง๐จ๐ฐ : https://www.maximizemarketresearch.com/request-sample/105765/
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ค๐๐ฒ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ :
๐๐ฒ ๐๐ฒ๐ฉ๐
Performance
Digital
Synchronization
Mechanical
Others
The global music publishing market is divided into several segments based on type, including performance, digital, synchronization, mechanical, and others. In 2023, the biggest market share (xxx%) was held by the Digital segment. In addition to embracing streaming, the music industry has actively promoted its growth. The success of streaming is only one aspect of a business that is committed to taking advantage of the opportunities brought about by technological improvements and has established alliances with some of the largest and most innovative companies in the sector. Recent years have seen a rapid surge in voice control on the industry agenda and in people's homes, which is sometimes seen as the turning point for smart speakers. Microsoft reports that the percentage of people using smart home speakers increased by 22% in
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Commercial
Common Weal
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ : @https://www.maximizemarketresearch.com/market-report/global-music-publishing-market/105765/
๐๐๐๐ซ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ข๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ :
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.
๐๐๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ข๐ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
What is Music Publishing ?
What is the growth rate of the Music Publishing ?
Which are the factors expected to drive the Music Publishing growth?
What is the CAGR at which the Music Publishing market will grow during the forecast period?
What are the different segments of the Music Publishing ?
Which is the fastest growing region in the Music Publishing ?
What growth strategies are the players considering to increase their presence in Music Publishing ?
What are the upcoming opportunities and trends for the Music Publishing?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Music Publishing?
Who are the leading companies and what are their portfolios in Music Publishing ?
What segments are covered in the Music Publishing?
Who are the key players in the Music Publishing ?
๐๐๐ข๐ง ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/105765/
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ.
Past Size and Competitive Landscape
โข Past Pricing and price curve by region
โข Size, Share, Size Forecast by different segment
โข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Segmentation A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape Profiles of selected key players by region from a strategic perspective
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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