Key Market Dynamics:
- Market Drivers
- Market Challenges
The rising adoption of the subscription model and increasing adoption of digital music are some of the key market drivers. However, factors such as lack of ownership of streamed music and issues associated with integration will challenge market growth.
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The stock music market report is segmented by license model (RF and RM) and geography (North America, Europe, APAC, South America, and MEA). North America will be the leading region with 40% of the market's growth during the forecast period. The US is the key market for stock music in North America.
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Some Companies Mentioned
- Artlist Ltd.
- Audio Network Ltd.
- Bensound
- Envato Pty Ltd.
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Related Reports:
- Background Music Market: The background music market has been segmented by end-user (hospitality, retail, commercial buildings, public infrastructure, and others) and geography (Europe, North America, APAC, MEA, and South America). Download Free Sample Report
- Recorded Music Market: The recorded music market has been segmented by type (digital, physical, and others) and geography (APAC, Europe, MEA, North America, and South America). Download Free Sample Report
Stock Music Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.90% |
Market growth 2021-2025 |
USD 452.89 million |
Market structure |
Fragmented |
YoY growth (%) |
5.65 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 40% |
Key consumer countries |
US, UK, Japan, Germany, China, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
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 inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
About Us
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Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
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