Global Music Distribution Services Market is valued at USD 931.1 Million (€ 763.5 Mn) in 2019 and expected to reach USD 1261.78 Million (€ 1034.65 Mn) by 2026 with the CAGR of 4.5 % over the forecast period.
Scope of the report
In the music industry music distribution is the process of making music available to consumers in stores (physical or digital stores) from artists. The growth of digitalization has boosted the music distribution in several aspects offering a mode for music distributors to deliver best solutions to consumers. The Internet has offered new strategies for artist promotion and marketing allowing them to effortlessly distribute music to a greatly expanded audience. These days artists are able to sign record labels or distribute their music without problems, once the artist provides music to the distributors they are able to distribute their music over n number of music downloading sites, streaming sites, radio platforms around the world.
This report analyses the global market for Music Distribution Services. The report will enable the user to understand and gain insights into the current and forecast market situation. The market is comprehensively analyzed by geography to give complete information on the global scenario. The qualitative and quantitative data provided in this study can help user understand which market segments, regions are expected to grow at higher rates, factors affecting the market and key opportunity areas. The report also includes competitive landscape of key players in the industry along with emerging trends in the market.
Key Players
1. Spinnup (Universal Music Group)
2. United Masters
3. The Orchard (SONY)
4. Symphonic Distribution (Topple Track)
5. RouteNote
6. ReverbNation
7. Record Union
8. ONErpm
9. Octiive
10. Musicinfo
11. LANDR Audio
12. Kobalt
13. Kanjian Music
14. iMusician Digital
15. iMusicaCorp
16. Horus Music
17. FreshTunes
18. Ditto Music
19. Distrokid
20. CD Baby (Disc Makers)
21. Believe
22. Amuse
23. Others
Above mentioned companies were scrutinized to assess competitive landscape of global Music Distribution Services market. Report provides company profiles of each player. Each profile include company product portfolio, business overview, company governance, company financials, business strategies, company sale, recent developments and strategic collaborations & partnerships, new product launch, company segments and company strength and weakness analysis.
Review period: (2016-2026)
Historic Period: 2016 to 2019
Forecast Period: 2020 to 2026
Base Year: 2019
Unit: USD Million
This Music Distribution Services market report provides insights on new trade regulations, market size, regional and segment market share, product/service launches, impact of Covid-19 on, key regions, untapped markets, patent analysis, approvals, continuous innovations and developments in the market.
Regions
• North America: U.S., Canada and Rest of North America
• Europe: UK, France, Germany, Italy, Spain and Rest of Europe
• Asia Pacific: China, Japan, India, Australia, Southeast Asia and Rest of Asia Pacific
• Latin America: Brazil, Mexico, Argentina and Rest of Latin America
• Middle East and Africa: Gulf Countries, Israel, Africa and Rest of Middle East and Africa
Market Segmentation
• Type
o Distributor to Digital Retailers
o Artist-to-Fan
• Application
o Independent Music Producers
o Record Companies
On the basis of type music distribution market is segmented into distributor to digital retailers and artist-to-fan. Digital retailers dominated the global market accounting 97.11 % in the year 2019. Growth in digital retailers was attributed to the increasing use of mobile data, rapid penetration of mobile phones and advancements in telecom industry. Further growing deployment of 5G infrastructure around the world, growing need for more sophisticated broadband services will boost the growth of market in future. Based on application segment music distribution market is divided into commercial and individuals. The commercial segment account for the major chunk of the application segment around 82.98% in 2019 and it is expected to grow at highest CAGR through 2020-2026.
Report Coverage
• An overview of the global Music Distribution Services market
• In depth analysis of market dynamics and major factors such as drivers, restraints, opportunities and trends influencing the global market
• Global Music Distribution Services market revenue data historic and forecast analysis (2016 to 2026)
• Characterization and quantification of the market segments for Music Distribution Services market
• Market share analysis of key market participants and their competitive landscape
Important Questions Answered by Global Music Distribution Services Market Report
• What is the impact of COVID 19 epidemic on the global Music Distribution Services market?
• Which is mostly affected region, country?
• Which is the current largest and fastest-growing region?
• What is the market size and growth rate of the global Music Distribution Services market?
• What are current factors affecting the growth of market?
• What are Key trends and opportunity areas?
• Within Music Distribution Services market, which segments are fastest growing & emerging strongly? What are the drivers and restraints for each segment? What are vendor competencies by segment?
• What are the major strategies adopted by leading market companies?
• What are company challenges and essential success factors by market segment?
• How company offerings and supply chain capabilities are shifting to meet emerging market needs?