South Asia Stock Music Market, by Type (Royalty-free Stock Music and Licensed Stock Music), by Application (Film Soundtracks, Advertising, Online Content, Gaming, Television and Radio Broadcasts, Corporate and Educational Presentations, and Others), by End User (Large Enterprises, SMEs, and Individual Content Creators), and by Country (India, Sri Lanka, Bangladesh, Pakistan, Nepal, and Rest of South Asia) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Stock music is used to provide a suitable backdrop for messages, highlight a scene or emotion, and promote products, activities, or events. Furthermore, streaming provides video makers the choice of listening to the stock music and selecting the one that suits their production requirements. The rising demand for video production with stock music tracks, which are used in voice-overs and background scores, is driving the growth of the stock music market.
Demand for stock music is also driven by the engagement of music enthusiasts with streaming, especially with paid subscriptions for audio and video streaming. Additionally, broadcast versions of stock music are also produced to remove the need for users to create their versions for specific product applications
Market Dynamics
Music is integrated into almost all visual entertainment media, supports advertising, and helps in making social networking pages more attractive. In the gaming industry, music plays a vital role to increase interest of player into the game. Gaming music decides success and adoption of a game. Music interaction enhances emotional involvement of players in the game. Also, the overall sound landscape in game creates an illusion of the game world as an actual space. Moreover, variation in the music for a game is an important point as it can get boring to listen to repetitive music. Artlist, Music Case, Music Vine Limited, and others provide stock music for gaming application.
Key features of the study:
This report provides in-depth analysis of the South Asia stock music market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, country outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the South Asia stock music market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as a part of this study include Audio Network Limited, Envato Pty Ltd., Epidemic Sound, Pond5 Inc., The Music Bed LLC, SoundCloud Ltd., Music Vine Limited, Storyblocks.com, Soundsnap, Soundstripe Inc., Bensound, Jamendo, ProductionHUB, Inc., Artlist, Marmoset LLC, 123RF (Inmagine Lab Pte Ltd), Tunefruit, The Music Case, Shutterstock, Melody Loops LP, YouTube Audio Library, Amazon.com, Inc., Filmstro, ccMixter, StockMusicSite.com, NEO Sounds Ltd., and HookSounds
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
South Asia stock music market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the South Asia stock music market
Detailed Segmentation
South Asia Stock Music Market, By Type:
Royalty-free Stock Music
Licensed Stock Music
South Asia Stock Music Market , By Application:
Film Soundtracks
Advertising
Online Content
Gaming
Television and Radio Broadcasts
Corporate and Educational Presentations
Others
South Asia Stock Music Market , By End User:
Large Enterprises
SMEs
Individual Content Creators
South Asia Stock Music Market , By Country:
India
By Type:
Royalty-free Stock Music
Licensed Stock Music
By Application:
Film Soundtracks
Advertising
Online Content
Gaming
Television and Radio Broadcasts
Corporate and Educational Presentations
Others
By End User:
Large Enterprises
SMEs
Individual Content Creators
Sri Lanka
By Type:
Royalty-free Stock Music
Licensed Stock Music
By Application:
Film Soundtracks
Advertising
Online Content
Gaming
Television and Radio Broadcasts
Corporate and Educational Presentations
Others
By End User:
Large Enterprises
SMEs
Individual Content Creators
Bangladesh
By Type:
Royalty-free Stock Music
Licensed Stock Music
By Application:
Film Soundtracks
Advertising
Online Content
Gaming
Television and Radio Broadcasts
Corporate and Educational Presentations
Others
By End User:
Large Enterprises
SMEs
Individual Content Creators
Pakistan
By Type:
Royalty-free Stock Music
Licensed Stock Music
By Application:
Film Soundtracks
Advertising
Online Content
Gaming
Television and Radio Broadcasts
Corporate and Educational Presentations
Others
By End User:
Large Enterprises
SMEs
Individual Content Creators
Nepal
By Type:
Royalty-free Stock Music
Licensed Stock Music
By Application:
Film Soundtracks
Advertising
Online Content
Gaming
Television and Radio Broadcasts
Corporate and Educational Presentations
Others
By End User:
Large Enterprises
SMEs
Individual Content Creators
Rest of South Asia
By Type:
Royalty-free Stock Music
Licensed Stock Music
By Application:
Film Soundtracks
Advertising
Online Content
Gaming
Television and Radio Broadcasts
Corporate and Educational Presentations
Others
By End User:
Large Enterprises
SMEs
Individual Content Creators
Company Profiles
Audio Network Limited *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates
Envato Pty Ltd.
Epidemic Sound
Pond5 Inc.
The Music Bed LLC
SoundCloud Ltd.
Music Vine Limited
Storyblocks.com
Soundsnap
Soundstripe Inc.
Bensound
Jamendo
ProductionHUB, Inc.
Artlist
Marmoset LLC
123RF (Inmagine Lab Pte Ltd)
Tunefruit
The Music Case
Shutterstock
Melody Loops LP
YouTube Audio Library
Amazon.com, Inc.
Filmstro
ccMixter
StockMusicSite.com
NEO Sounds Ltd.
HookSounds
“*” marked represents similar segmentation in other categories in the respective section.
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