Music Publishing Market: Global Industry Analysis and Forecast ,Key Trends, Share 2022-2029

Music Publishing Market size was valued at US$ 6.31 Bn. in 2021 and the total revenue is expected to grow at 5.92 % through 2022 to 2029, reaching nearly US$ 10.00 Bn.

Music Publishing Market Overview:

The purchase of rights to musical compositions from songwriters, composers, and other rights holders, as well as the licencing of those compositions, is what music publishing is all about. Mechanical, Performance, Synchronization, Digital, and Other royalties account for the vast majority of music publication revenues. Other tasks associated with music publishing include song acquisition, property administration, and copyright protection. When musicians and songwriters' works are commercially used, a music publisher is committed to ensuring that they are reimbursed. The songwriter conveys the copyright to a publishing business through a published deal.Music Publishing MarketTo know about the Research Methodology :- Request Free Sample Report 2021 is considered as a base year to forecast the market from 2021 to 2029. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2029. 2021 is a year of exception and analysed specially with the impact of lockdown by region.

Music Publishing Market Dynamics:

During the last few years, the music industry has changed dramatically. Physical music sales have fallen as a result of the popularity of music streaming services such as Spotify and Pandora. Despite the fact that the industry is growing due to an increase in the number of musicians around the world and the most recent technological advances in the field of music, because an increasing number of artists and musicians want personalised attention to assist them handle their music, copyrights, and other concerns, music publishers are in high demand. Also, the media sector has done well in recent decades as a result of clients' shift to digital platforms. New licencing opportunities for music IP creators are just starting to develop. Short films (like TikTok and Triller), electronic fitness (like Peloton), and other platforms (like Facebook) have only recently begun to get music IP licences from rights holders, potentially opening up new revenue streams. In July 2021, the National Music Publishers Association (NMPA) and TikTok negotiated a licencing agreement. TikTok has over 100 million monthly active users in the United States and over 700 million monthly active users worldwide. According to the NMPA, roughly half of TikTok users did not get a music publishing licence before signing a licence agreement. Other major platforms, such as Facebook and Peloton, have only recently signed their initial licencing agreements with music rights owners. During the projected period, these licence arrangements will create exciting growth and prospects for music IP owners. Additionally, customers have begun to ignore unlicensed music in favour of paying for it, resulting in increasing revenue streams for the entertainment sector. Also, the ability to network, copyright, set contracts, and established business contracts make it profitable for artists. These are the key factors that have been recognised as contributing to the market's growth. However, some restraints may hamper the growth of the Music Publishing Market, despite the aforesaid factors. Copyright of original content has been a major problem for the entertainment industry for many years. Copyright is far more difficult to combat in the digital age, and as a result, the issue of copyright will limit market growth.

Streaming remains growing the market:

Streaming has been slightly disrupted as a result of COVID-19. Users driven less and focused on other channels (e.g., video streaming) and types of entertainment at the onset of the epidemic, resulting in a fall in audio streaming listening hours (e.g., TV and video gaming). As per Billboard, however, by the end of April, these decreases had reversed to increases. However, the slight reduction in audio time has no impact on consumers' ability to pay for audio streams. In the second quarter of 2021, monthly active users (MAU) and paid streaming media subscribers increased by 29% and 27% year-on-year, respectively, exceeding Spotify's expectations. As a result, Spotify's subscription revenue in the second quarter of 2021 increased by 17% year-on-year.

Music Publishing Market Segment Analysis:

The global Music Publishing Market is segmented by Type and Application. Based on the Type, the global Music Publishing market is sub-segmented into Performance, Digital, Synchronization, Mechanical and Others. The Digital segment held the largest market share of xx% in 2021. The music industry has not only accepted, but has actively driven the rise of streaming. Streaming's success is just one chapter of a company that is focused on utilising the opportunities presented by technological advancements and has forged partnerships with some of the industry's biggest and most forward-thinking firms. Voice control has risen quickly on the industry agenda and into people's homes in recent years, and is often regarded as the point at which smart speakers became mainstream. According to Microsoft, the number of people who possess a smart home speaker climbed by 22 % in 2021. According to a Microsoft survey from 2021, 23% of respondents owned a smart speaker, with another 30% planned to get one. According to a Microsoft survey from January 2021, 45% of respondents own a smart speaker, with another 26% expecting to get one soon.

Music Publishing Market Regional Insights:

North America held the largest market share of xx% in 2021. The rapid growth of the North American Region is due to the rapid implementation of digital music distribution and the presence of significant industry companies such as Warner Music Group, Universal Music Group, and Sony Music Publishing. The music publishing sector had revenue of USD 3.76 billion the previous year, while the recording industry had revenue of USD 7.37 billion. Publishers made the mainly capital in 2021, due to presentation privileges, which accounted for 52.30 %of overall revenue, followed by sync (22.69%), mechanical (18.53%), and others (6.48%). The annual revenue from music publishing was USD 3.20 billion in 2021. Performance revenue made up 54.6 percent of total sales, while mechanical revenue made up 17.8%. The objective of the report is to present a comprehensive analysis of the global Music Publishing Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the global Music Publishing Market dynamic, structure by analyzing the market segments and project the global Music Publishing Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Music Publishing Market make the report investor’s guide.

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Music Publishing Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2021-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 6.31 Bn.
Forecast Period 2021 to 2029 CAGR: 5.92% Market Size in 2029: US $ 10.00 Bn.
Segments Covered: by Type • Performance • Digital • Synchronization • Mechanical • Others
by Application • Commercial • Common Weal

Music Publishing Market by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Music Publishing Market Key Players

• Sony/ATV Music Publishing LLC • Universal Music Publishing Group • Warner/Chappell Music Inc. • BMG Rights Management • Disney Music Group • Broadcast Music, Inc. • Avatar Publishing Group • Criterion Music Corporation • Super Cassettes Industries Private Ltd. • Mass Appeal India • Kobalt Music Publishing • Downtown Music Publishing • Concord Music Publishing • Atlas Music Publishing • Wixen Music Publishing. Frequently Asked Questions: 1. Which region has the largest share in Global Music Publishing Market? Ans: North America region held the highest share in 2021. 2. What is the growth rate of Global Music Publishing Market? Ans: The Global Music Publishing Market is growing at a CAGR of 5.92% during forecasting period 2022-2029. 3. What is scope of the Global Music Publishing market report? Ans: Global Music Publishing Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Music Publishing market? Ans: The important key players in the Global Music Publishing Market are – Sony/ATV Music Publishing LLC, Universal Music Publishing Group, Warner/Chappell Music Inc., BMG Rights Management, Disney Music Group, Broadcast Music, Inc., Avatar Publishing Group, Criterion Music Corporation, Super Cassettes Industries Private Ltd., Mass Appeal India, Kobalt Music Publishing, Downtown Music Publishing, Concord Music Publishing, Atlas Music Publishing, and Wixen Music Publishing. 5. What is the study period of this market? Ans: The Global Music Publishing Market is studied from 2021 to 2029.
1. Music Publishing Market: Research Methodology 2. Music Publishing Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Music Publishing Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Music Publishing Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Music Publishing Market Segmentation 4.1 Music Publishing Market, by Type (2021-2029) • Performance • Digital • Synchronization • Mechanical • Others 4.2 Music Publishing Market, by Application (2021-2029) • Commercial • Common Weal 5. North America Music Publishing Market(2021-2029) 5.1 Music Publishing Market, by Type (2021-2029) • Performance • Digital • Synchronization • Mechanical • Others 5.2 Music Publishing Market, by Application (2021-2029) • Commercial • Common Weal 5.3 North America Music Publishing Market, by Country (2021-2029) • United States • Canada • Mexico 6. Asia Pacific Music Publishing Market (2021-2029) 6.1. Asia Pacific Music Publishing Market, by Type (2021-2029) 6.2. Asia Pacific Music Publishing Market, by Application (2021-2029) 6.3. Asia Pacific Music Publishing Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Music Publishing Market (2021-2029) 7.1 Middle East and Africa Music Publishing Market, by Type (2021-2029) 7.2. Middle East and Africa Music Publishing Market, by Application (2021-2029) 7.3. Middle East and Africa Music Publishing Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Music Publishing Market (2021-2029) 8.1. Latin America Music Publishing Market, by Type (2021-2029) 8.2. Latin America Music Publishing Market, by Application (2021-2029) 8.3 Latin America Music Publishing Market, by Country (2021-2029) • Brazil • Argentina • Rest Of Latin America 9. European Music Publishing Market (2021-2029) 9.1. European Music Publishing Market, by Type (2021-2029) 9.2. European Music Publishing Market, by Application (2021-2029) 9.3. European Music Publishing Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. Sony/ATV Music Publishing LLC 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Universal Music Publishing Group 10.3. Warner/Chappell Music Inc. 10.4. BMG Rights Management 10.5. Disney Music Group 10.6. Broadcast Music, Inc. 10.7. Avatar Publishing Group 10.8. Criterion Music Corporation 10.9. Super Cassettes Industries Private Ltd. 10.10. Mass Appeal India 10.11. Kobalt Music Publishing 10.12. Downtown Music Publishing 10.13. Concord Music Publishing 10.14. Atlas Music Publishing 10.15. Wixen Music Publishing.

About This Report

Report ID 105765
Category Information Technology & Telecommunication
Published Date Jan 2023
Updated Date
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