Global Generative AI in Music Market Growth (Status and Outlook) 2024-2030
Generative AI in music refers to the use of generative models (such as Generative Adversarial Networks, Transformer models, etc.) to automatically create or assist in the creation of music. Generative AI can analyze large amounts of existing music data, learning its structures, melodies, rhythms, and chord progressions, and then generate new musical pieces or complete works. This technology can be applied in music composition, arranging, sound design, and other fields, helping musicians with creative exploration or providing background music for commercials, films, games, and more.
The global Generative AI in Music market size is projected to grow from US$ 563 million in 2024 to US$ 2932 million in 2030; it is expected to grow at a CAGR of 31.6% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Generative AI in Music Industry Forecast” looks at past sales and reviews total world Generative AI in Music sales in 2022, providing a comprehensive analysis by region and market sector of projected Generative AI in Music sales for 2023 through 2029. With Generative AI in Music sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Generative AI in Music industry.
This Insight Report provides a comprehensive analysis of the global Generative AI in Music landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Generative AI in Music portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Generative AI in Music market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Generative AI in Music and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Generative AI in Music.
United States market for Generative AI in Music is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Generative AI in Music is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Generative AI in Music is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Generative AI in Music players cover Aiva Technologies SARL, Boomy Corporation, Ecrett Music, Google LLC, International Business Machines Corporation, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Generative AI in Music market by product type, application, key players and key regions and countries.
Segmentation by Type:
Transformers
Variational Autoencoders (VAEs)
Generative Adversarial Networks (GANs)
Diffusion Models
Others
Segmentation by Application:
Music Production and Recording
Film and Television
Video Games and Interactive Entertainment
Advertising and Marketing
Music Education and Training
Streaming Services and Music Platforms
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Transformers
Variational Autoencoders (VAEs)
Generative Adversarial Networks (GANs)
Diffusion Models
Others
Segmentation by Application:
Music Production and Recording
Film and Television
Video Games and Interactive Entertainment
Advertising and Marketing
Music Education and Training
Streaming Services and Music Platforms
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Aiva Technologies SARL
Boomy Corporation
Ecrett Music
Google LLC
International Business Machines Corporation
LANDR
Meta
Microsoft
OpenAI
Stability AI
Please note: The report will take approximately 2 business days to prepare and deliver.