Press release
Shaping the Artificial Intelligence (AI) In Music Market in 2025: AI-Powered Innovations In Music Education With Personalized Learning And Global Accessibility
How Big Is the Artificial Intelligence (AI) In Music Market Expected to Be, and What Will Its Growth Rate Be?The market size for artificial intelligence (AI) in music has seen significant expansion over the recent years. It is expected to amplify from $3.62 billion in 2024 to a staggering $4.48 billion in 2025, with a compound annual growth rate (CAGR) of 23.7%. The pronounced growth during the historic period can be ascribed to factors such as the escalated usage of music streaming services, the surge in big data analytics, the burgeoning inclination of consumers towards personalized music, the rise in digital music consumption, and an escalated amount of accessible music content.
Predictions indicate a significant boost in the artificial intelligence (AI) in music market size in upcoming years, rising to $10.43 billion by 2029 and expanding at a compound annual growth rate (CAGR) of 23.5%. Factors contributing to growth in the anticipated period include the increasing appeal of tailored content, the burgeoning use of smart gadgets, the proliferation of streaming platforms, enhanced attention to user experience, and advancement in music production and distribution. The forecast period also introduces major trends such as tailored music suggestions, AI-powered music production software, AI-propelled music creation tools, integration with streaming services, and real-time music refining.
What Are the Primary Growth Drivers for the Artificial Intelligence (AI) In Music Market?
As music streaming services continue to surge, they are anticipated to catalyze the expansion of artificial intelligence (AI) within the music industry. By providing users with on-demand access to extensive music libraries through the internet, often with a subscription or via ad-supported models, music streaming services are gaining popularity due to their convenience and availability. These platforms appeal to a broad user base with their adaptable subscription plans, which include both free and premium options, and innovative algorithms. They are further enhanced by AI that refines music recommendations, playlist optimization, and content discovery through its advanced algorithms and machine learning capabilities. As per a report by the International Federation of the Phonographic Industry, a global trade organization based in the UK symbolizing the recorded music industry, music streaming subscription services witnessed a 10.3% growth in 2022 in comparison to 2021. This notable increase underscores a major industry surge. Thus, the growing popularity of music streaming services will indisputably be a major factor in driving the expansion of artificial intelligence (AI) in the music market.
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Who Are the Dominant Companies Influencing Artificial Intelligence (AI) In Music Market Trends?
Major companies operating in the artificial intelligence (AI) in music market are Apple Inc., Google LLC, Microsoft Corporation, Alibaba Group Holding Limited, Amazon Web Services Inc, International Business Machines Corporation (IBM), NVIDIA Corporation, Spotify Technology S.A., OpenAI L.L.C., DistroKid LLC, iZotope Inc., SoundHound AI Inc, BRAINFM Inc., LANDR Audio Inc., Loudly GmbH, Audeering GmbH, Boomy Corporation, Amper Music Inc., Amadeus Code Inc., Musimap S.A., Humtap Inc., Melodrive GmbH, Musico AI Inc., Tunedly Inc., AudioShake Inc., Endel GmbH, Mubert Inc., Vochlea Music Ltd., Aiva Technologies S.A., Klangio GmbH
Who Are the Dominant Companies Influencing Market Trends?
Large corporations involved in the artificial intelligence (AI) in music market are prioritizing music education and mentorship. They are using AI-driven music learning applications to make music education more customized, interactive, and appealing to learners at all levels. These AI-powered music learning apps use cutting-edge technology to offer individualized music teaching and interactive learning sessions, feedback mechanisms, and practice-oriented tools that adapt to unique learning patterns and abilities. For instance, in April 2024, Saregama India Ltd, a music label company from India, introduced Padhanisa, an AI-powered music education application aimed at making Indian vocal coaching accessible worldwide. Using complex algorithms, the app offers customized lessons based on individual growth and objectives. Further, Padhanisa hosts live masterclasses led by industry professionals, providing thorough knowledge about music and fostering interactive question-answer sessions.
What Are the Different Segmentations in the Artificial Intelligence (AI) In Music Market?
The artificial intelligence (AI) in music market covered in this report is segmented -
1) By Component: Software, Services
2) By Deployment: Cloud, On-Premises
3) By Application: Music Composition And Generation, Music Streaming Recommendation, Music Production And Mastering
Subsegments:
1) By Software: AI Music Composition Tools, Music Production Software, AI-Based Audio Editing And Mixing Software, AI-Driven Music Recommendation Systems, Music Streaming Platforms With AI Features, AI Music Analysis And Tagging Software, Virtual Instruments And Synthesizers Powered By AI
2) By Services: AI Consulting For Music Industry Applications, AI System Integration Services For Music Platforms, Custom AI Solutions For Music Creation, Music Data Analytics And Insights Services, Training And Workshops On AI In Music, Managed AI Services For Music Production And Distribution, Licensing And Copyright Services For AI-Generated Music
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Which Region Is at the Forefront of the Artificial Intelligence (AI) In Music Market?
North America was the largest region in the artificial intelligence (AI) in music market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) in music market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Artificial Intelligence (AI) In Music Global Market Report?
- Market Size Analysis: Analyze the artificial intelligence (ai) in music Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the artificial intelligence (ai) in music market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall artificial intelligence (ai) in music market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the artificial intelligence (ai) in music market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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