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Musical Groups & Artists in the US - Industry Market Research Report

Musical Groups & Artists in the US

Over the past decade, the Musical Groups and Artists industry has been subject to a series of massive shakeups due to the popularity of mp3 players, music piracy, internet radio and online streaming. The steady replacement of physical albums for digital songs has slashed revenue from recordings over the current five-year period, largely due to digital music selling at a lower price point. The transition to digital and a large drop in federal funding for the creative arts have caused industry revenue to grow minimally over the five years to 2018. Over the five years to 2023, industry revenue is forecast to continue growing.

This industry is composed of musicians, recording artists and songwriters that produce music professionally, either in front of a live audience, in a recording studio or both. Musicians in this industry may earn revenue from songwriting, producing or recording, but they primarily operate as performers. This industry excludes musical theater, opera and other professions involved in the creation of records, such as engineers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


ABOUT THIS INDUSTRY

Industry Definition

Main Activities

Similar Industries

Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary

Key External Drivers

Current Performance

Industry Outlook

Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain

Products & Services

Demand Determinants

Major Markets

International Trade

Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration

Key Success Factors

Cost Structure Benchmarks

Basis of Competition

Barriers to Entry

Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

Technology & Systems

Revenue Volatility

Regulation & Policy

Industry Assistance

KEY STATISTICS

Industry Data

Annual Change

Key Ratios

JARGON & GLOSSARY

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