Music Publishing Market 2023 Emerging Technologies, Latest Innovation, Sales Revenue and Regional Forecast 2030

Regardless of a company’s size or income, the most recent research report from Quadintel offers a thorough analysis of the global Music Publishing Market for the years 2023–2030.

The global market report provides statistics and information on the evolution of the investment structure, technological advancements, industry trends and developments, market players’ capabilities, and in-depth details on the major market players. The analysis also includes a summary of the global market strategies that have been implemented in light of the industry’s present and future conditions.

An overview of the Music Publishing Market, the current state of the industry, market trends, significant market participants, product type, application, and geography are provided at the beginning of the study. It also covers how COVID-19 has affected market participants, end-user industries, future predictions, growth potential, and worldwide market trends.

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Market Overview:

Global Music Publishing Market is valued approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.5% over the forecast period 2022-2029.

The process of music publishing is buying the rights to musical works from songwriters, composers, or other right holders and distributing those rights to third parties as licenses. It has been noted that mechanical, performance, synchronization, digital, and other royalties account for most of the revenue from music publication. Along with song acquisition, copyright management, and copyright protection, music publishing also has other responsibilities to complete. The global market growth is driven by growing Adoption of Digital Music and growing popularity of music streaming services.

According to the RIAA, streaming encompasses a range of forms, including paid subscriptions, ad-supported music streaming services, digital and customized radio, and licensing for music on Facebook and digital fitness applications. The disclosure covers US TikTok music earnings, utilizing labels’ creative efforts to license new applications, services, and formats. These revenues, which made up a comparable 83% of total sales in 2021 as they did in 2020, climbed by 24% to a total of USD 12.4 billion, according to Airnow. To the opposite, YouTube Music was the top downloaded music and audio app globally in the Google Play Store in June 2022, according to Airnow. More than 9.42 million Android users downloaded the streaming service. The second-most downloaded music and audio app was Shazam, with almost 4 million downloads from global users. However, decline in physical volume sales stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Music Publishing Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is dominating the market growth owing to presenting the highest opportunity for artists to showcase their talent and growing trend of music festivals in the United State. However, Latin America growing at fastest CAGR rate in the forecast years.

Major market players included in this report are:

  • BMG Rights Management
  • Sony Music Publishing LLC
  • Black River Entertainment
  • Kobalt Music Group.
  • Universal Music Publishing Group
  • Round Hill Music
  • Warner/Chappell Music Inc.
  • Reach Music Publishing
  • Pulse Recordings Inc
  • Big Yellow Dog Music

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The detailed segments and sub-segment of the market are explained below:

By Royalty:

Performance

Synchronization

Digital Revenue

Physical Revenue

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

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Report Include:

  • Market Behavior/ Level of Risk and Opportunity
  • End Industry Behavior/ Opportunity Assessment
  • Expected Industry Recovery Timeline

Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.

In this report, the following important queries are addressed:

  • What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
  • Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
  • What are the vendors’ market prospects and risks in the international industry?
  • Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
  • What specific strategies and limitations are keeping the market in check?
  • What is the various marketing, sales, and distribution channels in the international market?
  • What are the upstream raw materials, as well as the manufacturing machinery?
  • What are the market opportunities, market risk, and market overview of this industry?

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