Music Stock Market Size Expected to Grow USD 452.89 Billion at a CAGR of 6.90% | Royalty Free (RF) Segment Set to See Lucrative Growth

This market research report covers in detail the stock music market segmentations by the following:

  • Licensing model – RF and RM
  • The royalty-free (RF) category will gain considerable market share in stock music. The right to use copyrighted works without paying royalties or license fees is called RF. The introduction of RF music has made it possible to employ legal music in video and sound creations. It gave producers legal access to a wide range of musical content, eliminating the need to use illegally copied music. RF music is also cheaper than RM music. The boom in the segment is fueled by the low cost of RF music.
  • Geography – North America, Europe, APAC, Middle East and Africa and South America
  • North America will account for 40% of market growth. In North America, the United States is a major music stock market. The market in this region will grow at a faster rate than the markets in Europe and MEA.
  • During the projection period, the presence of various music publishers and music streaming service providers will contribute to the expansion of the stock music industry in North America.

Get insights into the growth of this market through detailed analysis of major regions, Check out our sample report!

Stock music market dynamics

market engine

The increasing popularity of the subscription model will propel the stock music market to new heights. Stock music subscriptions are app-based. The integration of music streaming apps with social media platforms like YouTube has boosted the demand for music subscriptions. Sellers that offer stock music provide audio tracks based on customer demand and set prices based on music usage.

Market trend

The music stock market will rise due to the growing adoption of digital music. The ease of accessing and downloading songs via the Internet is one of the main reasons for the growing popularity of digital music. The growth of many mobile apps and websites has increased the number of people listening to digital music. Due to the wide availability and low cost of the Internet, more and more people are listening to digital music on their mobile devices.

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Stock Music Market Scope

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 6.90%

Market Growth 2021-2025

$452.89 million

Market structure

Fragmented

Annual growth (%)

5.65

Regional analysis

North America, Europe, APAC, South America and MEA

Successful market contribution

North America at 40%

Main consumer countries

United States, United Kingdom, Japan, Germany, China and France

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Artlist Ltd., Audio Network Ltd., Bensound, Envato Pty Ltd., Epidemic Sound AB, Footage Firm Inc., Pond5 Inc., Shutterstock Inc., SoundCloud Ltd. and The Music Bed LLC

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID 19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Stock Music Market Segmentation

  • License model
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • AEM

Download sample report: to know the highlights and additional key points on various market segments and their impact in the coming years.

music market vendor

The increasing competition in the market compels the providers to adopt various growth strategies such as promotional activities and advertising expenditures to enhance the visibility of their services. Some vendors are also adopting inorganic growth strategies such as mergers and acquisitions to stay competitive in the market.

The report analyzes the competitive landscape of the market and offers information about several vendors in the market including:

  • Artlist Ltd.
  • Audio Network Ltd.
  • Benson
  • Envato Pty Ltd.
  • Epidemic Sound AB
  • Footage Company Inc.
  • Pond5 inc.
  • Shutterstock Inc.
  • SoundCloud Ltd.
  • The Music Bed LLC

Learn about the top vendors in the market, their competitors, and how they excel in the stock music market in our latest sample report. Download our sample detailed report.

Stock Music Market Scope

Technavio presents a detailed picture of the market through study, synthesis and summation of data from multiple sources. Our music stock market report covers the following areas:

  • Stock music market size
  • Stock Music Market Trends
  • Stock Music Market Industry Analysis

This study identifies the growing adoption of the subscription model as one of the major reasons for the growth of the stock music market over the next few years.

Contact our analysts for more personalized reports according to your needs. Talk to our analyst now!

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Contents

Summary

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Predictions for 2020 – 2025

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by licensing model

  • Market segments
  • Comparison by licensing model
  • RF – Market size and forecast 2020-2025
  • RM – Market size and forecast 2020-2025
  • Market Opportunity by License Model

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Insight
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • Artlist Ltd.
  • Audio Network Ltd.
  • Benson
  • Envato Pty Ltd.
  • Epidemic Sound AB
  • Footage Company Inc.
  • Pond5 inc.
  • Shutterstock Inc.
  • SoundCloud Ltd.
  • The Music Bed LLC

Annex

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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