Audio Production Studios in the US - Industry Market Research Report

Audio Production Studios in the US - Industry Market Research Report

Audio Production Studios in the US

Over the five years to 2019, the Audio Production Studios industry, which provides clients with facilities and technical expertise in audio production and postproduction services, has performed well despite drastic changes in how media is consumed, distributed and recorded. One of the greatest challenges for the industry is the rising accessibility of recording equipment and distribution channels via the internet. Online mediums enable musicians to release music that they record in their own home studios, as recording equipment has consistently improved in both quality and price. However, there is still great value added to productions made in a professional studio due to the expertise provided by industry operators. As a result, industry revenue is anticipated to have increased over the past five years. Over the five years to 2024, industry revenue is forecast to continue to expand. While the availability of recording equipment has been increasing for consumers, this is no substitute for the expertise that audio production studios provide to clients.

Companies in this industry provide facilities and technical expertise for sound recording in a studio. Companies provide audio production or postproduction services for producing master recordings and may provide audio services for film, TV and video productions. After the recording has taken place, studios often perform postproduction services to adjust and master music recordings.

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.