1. Market Research
  2. > Media and Entertainment Market Trends
  3. > Music

Music Market Research Reports: Latest Industry Trends and Statistics

  • Currently 3/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
42 votes

Global Music Industry

Music industry reports can be found in the media market and leisure industry sections.

Piracy in global recorded music industry constitutes the main challenge faced by music companies. Market growth is hampered by the fact that almost a third of the recorded music industry’s value is lost to illegal downloading and piracy. While digital music business is booming, with consumers flocking to their computers to buy music in a few easy clicks, so too are individuals involved in digital piracy. It is estimated that if piracy is left unchecked, it will mean the loss of millions of jobs from EU’s creative industries.

The music industry can be splitted into the music production segment and the music distribution segment.

Technology & Music Industry

The music recording market has always been driven by technological developments. Over the past 20 years, the industry has been moving from traditional analog technology to digital, benefitting not only the music industry but also the movie industry and video game market.

According to Parks Associates, the future of the industry lies in networked audio products, due to consumers’ expanding downloaded music collections and popularity of streamed music. Networked audio products facilitate connectivity in the home, allowing consumers to access their music collections from various locations in their homes. Technology is supporting wireless in-house music streaming to multiple devices such as home stereo or theater systems, and docks.

Digital Music Industry

Music downloads represent the leading market segment, with iTunes selling over 10 billion downloads since it was set up in 2003. Other outfits such as HMV, 7digital and Amazon have also entered the digital music market. Factors driving the market include advanced mobile and broadband technologies, with increasing market penetration of mobile devices such as smartphones allowing music fans to download and listen to music anywhere. Obstacles to the market include companies outside of the music industry joining the market and widespread piracy.

Digital Rights Management

Global Industry Analysts estimates the world Digital Rights Management industry will reach $2.5 billion by 2017. Factors driving the market include rampant software piracy and illegal use or theft of online content. Government bodies and enterprises alike are eager to protect their digital content, while service providers such as online digital music outfits are under pressure to stop losses through piracy.

Online Paid Music Services

With broadband internet access available to millions of subscribers, online music continues to grow in popularity. Global Industry Analysts estimates over 60% of homes with an internet connection are music site users or music downloaders. Around 25% of legal music service users are in the age bracket between 25 and 35 years old, followed by just under 20% of 13 to 17 year-old customers. Demand is driven by ease of use, hassle free payment methods and the option of various platforms in line with consumer lifestyles such as iPods.

Read more »

You might be interested in these related markets:

Customer Support

Talk to Sam

+1 646 893 5945

100 Reports
Demand, Market Size, Supply
500 Statistics
Market Size, Demand, Finance
320 Reports
Demand, Supply, Litigation And Patent
990 Statistics
Market Size, Demand, Finance
13 Reports
Demand, Market Size, Supply
100 Statistics
Market Size, Demand, Finance
26 Reports
Demand, Company Financials, Market Size
150 Statistics
Market Size, Demand, Finance
100 Reports
Demand, Supply, Market Size
550 Statistics
Market Size, Demand, Supply
25 Reports
Market Size, Supply, Forecast
260 Statistics
Market Size, Demand, Market
60 Reports
Market Size, Demand, Supply
370 Statistics
Market Size, Demand, Supply
55 Reports
Demand, Market Size, Supply
230 Statistics
Market Size, Demand, Supply
5 Reports
Demand, Supply, Market Size
58 Statistics
Market Size, Demand, Finance
14 Reports
Demand, Market Size, Company Financials
120 Statistics
Market Size, Demand, Finance

About 700 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 149 - $ 8600)

Smart Assistants Are Infiltrating Speakers

Smart Assistants Are Infiltrating Speakers

  • $ 1302
  • Industry report
  • February 2017
  • by Euromonitor International

Increased smartphone storage space, availability of music streaming apps and a shift towards 4G have led consumers to increasingly use their smartphones as the primary medium to listen to their music on ...

Guitar Sector: Worldwide Forecast until 2021 $ 2500 March 2017

Music Production Equipment Sector: Worldwide Forecast u ... $ 2500 March 2017

Movies & Entertainment Global Industry Almanac 2017 Com ... $ 2995 September 2017

Movies & Entertainment Global Industry Guide 2017 Compa ... $ 1495 September 2017

Movies & Entertainment North America (NAFTA) Industry G ... $ 795 September 2017

Canada: Movies & Entertainment Industry Report $ 350 August 2017

Asia-Pacific: Movies & Entertainment Industry Report $ 350 August 2017

Global Movies & Entertainment Company Report $ 350 August 2017

Spain: Movies & Entertainment Industry Report $ 350 August 2017


ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on