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Global Music Market 2017-2021 : Globally Growing At CAGR 8.93%, Significant Forecast, Trends And Opportunity

Press Release   •   Feb 14, 2017 06:55 EST

About Music

The global music market consists of physical music copies, digital music, music publishing and concerts. Physical music copies segment is the fastest-declining segment. However, this offset is balanced by the popularity of digital music.

Technavios analysts forecast the global music market to grow at a CAGR of 8.93% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global music market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of concert tickets, digital music, music publishing, and physical music copies.

The market is divided into the following segments based on geography:




Technavio's report, Global Music Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

BMG Rights Management

Kobalt Music Group

Sony/ATV Music Publishing

Universal Music Group

Warner Music Group

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Other prominent vendors



Pandora Radio




Apple Music

Aspiro Group

Curb Records

Disney Music

Fox Music

Imagem Music

Wrensong Entertainment




Market driver

Increasing adoption of digital music

For a full, detailed list, view our report

Market challenge

Lack of ownership in music streaming

For a full, detailed list, view our report

Market trend

Growth in global mobile ad spending market

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

Table of Contents

PART 01:Executive summary

PART 02:Scope of the report

PART 03:Research Methodology

PART 04:Introduction

Key market highlights

PART 05:Market landscape

Market overview

Product life cycle

Global music market

Five forces analysis

PART 06:Market segmentation by revenue source

Global music market by revenue source

PART 07:Buying criteria

Buying criteria

PART 08:Geographical segmentation

Global music market by geography

Music market in Americas

Music market in EMEA

Music market in APAC

PART 09:Key leading countries

Music market in US

Music market in Japan

PART 10:Market drivers

PART 11:Impact of drivers

PART 12:Market challenges

PART 13:Impact of drivers and challenges

PART 14:Market trends

PART 15:Vendor landscape

Competitive scenario

Key leading vendors

Other prominent vendors

PART 16:Explore Technavio

List of Exhibits

Exhibit 01:Overview of global music market

Exhibit 02:Product life cycle of music 2016 and 2021

Exhibit 03:Global music market 2016-2021 ($ billions)

Exhibit 04:Five forces analysis

Exhibit 05:Global music market by revenue source 2016-2021 (% share)

Exhibit 06:Comparison of global music market by revenue source 2016-2021 ($ billions) is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.