Global Stock Music Market 2020-2024
Technavio has been monitoring the stock music market and it is poised to grow by $ 275.89 mn during 2020-2024 progressing at a CAGR of 5% during the forecast period. Our reports on stock music market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising adoption of subscription mode and increased regulatory pressure to prevent music piracy and copyright infringement. In addition, the rising adoption of subscription mode is anticipated to boost the growth of the market as well.
The stock music market analysis includes license model segment and geographic landscapes
Technavio's stock music market is segmented as below:
By License Model
By Geographic Landscapes
- North America
- South America
This study identifies increasing adoption of digital music as one of the prime reasons driving the stock music market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our stock music market covers the following areas:
- Stock music market sizing
- Stock music market forecast
- Stock music market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading stock music market vendors that include Audio Network Ltd., Envato Pty Ltd., Epidemic Sound AB, Footage Firm Inc., Inmagine Group, Pond5 Inc., Shutterstock Inc., SoundCloud Ltd., The Carlyle Group Inc., and The Music Bed LLC. Also, the stock music market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.