Global Music Market: Size, Trends & Forecasts (2018-2022) February 2018
Global Music Market : Coverage Executive Summary and Scope Introduction/Market Overview Global Market Analysis Regional Market Analysis Dynamics Competitive Landscape Company Profiling
Global Music Market : Coverage Scope of the Report Attributes Title Coverage Regional Coverage Market Influencing Variables
Details Global Music Market: Size, Trends & Forecasts (2018-2022) Global and Regional The USA, Japan, Europe, China and Rest of the World Growth Drivers, Challenges, Market Trends
Forecast Period of Market
2018-2022
Competition in the Market
Fragmented
Key Players
Vivendi (Universal Music Group), Sony Corporation, Warner Music Group and Bertelsmann (BMG Rights Management)
Global Music Market Executive Summary Music is the expression originated from organized combination of sound and by flowing composition of melody, rhythm and harmony. Main elements of a music include melody, chords, rhythm, texture, expression and form. Music industry is known as the platform where all the related parties and activities like composers, songwriters, music publishing, creation, recording, promotion, etc. are performed. Composition of the music industry is comprised of creation of music (by songwriters and composers), performance of music (by singers, bands, band leaders) and music publishing (by companies, agents, music producers, etc.). Music industry’s structure is divided into four categories: recorded music (i.e. preserving of musical performances in cassettes, vinyl, CD’s etc.), music publishing (companies who publishes music and pay to music creators), broadcast sound track and streaming (activities which are used to dissemination of the piece of music on different modes like radio, online music providers, etc.) and live music (live music is the way of communicating music to the audience by singing and playing in same place as audience such as concerts). Music industry sales is classified into four categories on the basis of segments. These are physical sales (sales of tangible items such as cassettes, CD’s, etc.), subscription (a business model where customers pays price for streaming music online) and downloads (digital media from where music can be obtained). The global music market is expected to increase at high growth rates during the forecasted period (2018-2022). The global music market is supported by various growth drivers, such as growing streaming, investment by music companies, social media as marketing platform, etc. Yet, the market faces certain challenges, such as, value gap, illegal distribution of music , etc. few new market trends are also provided such as, voice controlled technology, increased investment in local talent, etc.
Music Market: Global Analysis Global Music Market by Value
US$ Billion
US$ Billion
CAGRs
2016
2017
2018-2022
2018
2019
2020
2021
2022
The global music market value was US$.... billion in 2017, indicated an increase as compared to US$... billion in 2016. The global music market is anticipated to rise up to US$.... billion by 2022 as compared to US$....billion in 2018, representing a CAGR of ‌.% over the years 2018 to 2022.
xx%
Music Market : Global Analysis Global Music Market by Segments; 2017 Subscription, xx%
Physical Sales, xx%
Downloads, xx%
Other Segments, xx%
Global Music Market by Region; 2017 Region
CAGRs
The US
xx%
Europe
xx%
Japan
xx%
China
xx%
ROW
xx%
Music Market: Regional Analysis The US Music Market by Value
US$ Billion
US$ Billion
ROW Music Market by Value
2016
2017
2018
2019
2020
2021
2022
Europe Music Market by Value
2016
2017
Region
2018
2019
2020
CAGR
US$ Billion
2018-2022
2016
2017
2018
2019
2020
2021
2022
The US
xx%
Europe
xx%
Japan
xx%
China
xx%
ROW
xx%
2021
2022
Global Music Market : Dynamics
Growth Driver • Growing Streaming • Social Media as Marketing Platform
Challenges • Value Gap • Illegal Distribution of Music
Market Trends • Voice Controlled Technology • Increased Investment in Local Talent
Global Music Market : Competitive Landscape Players Profiled • Vivendi (Universal Music Group) • Sony Corporation • Warner Music Group • Bertelsmann (BMG Rights Management)
Note: The graphs on this slide are only for sample representation.
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