Music Recording Market Size, Industry Outlook and Forecast
Growth of the music recording market
The size of the global music recording market is expected to grow from $47.40 billion in 2021 to $51.71 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which had previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities that resulted in operational challenges. The market is expected to reach $70.61 billion in 2026 with a CAGR of 8.1%.
The trade research company offers the Global Music Recording Market 2022 report in its research report store. This is the most comprehensive report available on this market and will help you gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the market size by region and country. It also compares historical and forecast market growth and highlights important trends and strategies that market players may adopt.
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The music recording market includes revenue from the production and distribution of music recordings, music publishing, or the provision of sound recordings and related services earned by entities (organizations, independent traders and partnerships) that are part of the music recording industry.
Some key players in the music recording market are Sony Corp, Universal Music Group, Warner Music, Financière de l’Odet, Avex Inc.
The countries covered by the global music recording market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway , Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom, United States, Venezuela, Vietnam.
Regions covered in the global music recording market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Music Recording Market Segmentation:
1. Record production
2. Music editors
3. Distribution of Recordings
4. Sound recording studios
Per end user
2. Hip hop
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The table of contents of the report includes
2. Structure of the report
3. Characteristics of the music recording market
4. Product Analysis of Music Recording Market
5. Music Recording Market Supply Chain
25. Copyright and Disclaimer
This report covers music recording market trends and dynamics in major countries – Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The report also includes consumer surveys and various future opportunities for the market.
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