The forecast for the number of enterprises in sound recording and music publishing in Germany shows a steady growth from 2.28 thousand in 2024 to 2.31 thousand in 2028. In 2023, the industry stood at 2.27 thousand enterprises. The year-on-year growth from 2023 to 2024 is about 0.4%, while from 2024 to 2025 it is approximately 0.44%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected to be modest, reflecting stability in the industry.
Future trends to watch for include:
- The impact of digital transformation and streaming services on traditional publishing models.
- Regulatory changes affecting content ownership and licensing agreements.
- Potential market expansion through innovative technologies such as artificial intelligence in music production.