Global Music Distribution Services Market Growth (Status and Outlook) 2023-2029

Global Music Distribution Services Market Growth (Status and Outlook) 2023-2029

With technology making gigantic strides towards revolutionizing the entertainment industry, digital music distribution is hitting fever pitch. Through incremental innovation, online distributors have radically transformed the industry, opening new horizons, and creating a platform for music to permeate all corners of the globe. Fortunately for musicians, this presents a slew of music distribution services that are just a click away.
LPI (LP Information)' newest research report, the “Music Distribution Services Industry Forecast” looks at past sales and reviews total world Music Distribution Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Music Distribution Services sales for 2023 through 2029. With Music Distribution Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Music Distribution Services industry.
This Insight Report provides a comprehensive analysis of the global Music Distribution Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Music Distribution Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Music Distribution Services market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Music Distribution Services 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 Music Distribution Services.
The global Music Distribution Services market size is projected to grow from US$ 984.7 million in 2022 to US$ 1327.3 million in 2029; it is expected to grow at a CAGR of 4.4% from 2023 to 2029.
Music Distribution Services is mainly classified into the following types: Distributor to Digital Retailers and Artist-to-Fan. Distributor to Digital Retailers took up about 97.12% of the global revenue market in 2019.
Music Distribution Services can be used by Independent Music Producers and Record Companies. The former is the main user, taking up about 83.17% of the global total in 2019.
North America market took up about 38.26% the global market in 2019, while Europe and Southeast Asia were about 32.43%, 23.52%.
CD Baby (Disc Makers), The Orchard (SONY), Believe, Kobalt, ReverbNation, etc. are the key suppliers in the global market. The Top 5 took up over 50% of the global revenue share in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Music Distribution Services market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Distributor to Digital Retailers
Artist-to-Fan
Segmentation by application
Independent Music Producers
Record Companies
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.
CD Baby (Disc Makers)
Distrokid
ReverbNation
LANDR Audio
Believe
RouteNote
ONErpm
Ditto Music
FreshTunes
Musicinfo
Record Union
Spinnup (Universal Music Group)
Kobalt
United Masters
Amuse
Octiive
Symphonic Distribution (Topple Track)
iMusician Digital
The Orchard (SONY)
Horus Music
Kanjian Music
iMusicaCorp

Please note: The report will take approximately 2 business days to prepare and deliver.