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Music Distribution Services Market by Type, Deployment Mode, End User : Global Opportunity Analysis and Industry Forecast, 2021-2030

Music Distribution Services Market by Type, Deployment Mode, End User : Global Opportunity Analysis and Industry Forecast, 2021-2030

  • January 2022
  • 219 pages
  • ID: 6247315
  • Format: PDF
  • Allied Market Research

Summary

Table of Contents

Music Distribution Services Market by Type (Artist-to-fan and Distributor-to-digital Retailers), Deployment Mode (On-premise and Cloud), End User (Independent Music Producers and Record Companies): Global Opportunity Analysis and Industry Forecast, 2021-2030

The music industry makes recorded music available to customers through music distribution. It is a key part of the company’s business strategy, allowing customers to buy music in stores, download it, or listen to it online. Traditionally, distribution firms establish agreements with record labels that allow them to market the label’s merchandise. The distributor keeps a portion of the profit from each unit sold and pays the remaining amount to the label. Since the internet’s introduction, the mechanics of music distribution have evolved drastically, with varied results for musicians, which further fuels the growth of music distribution services market.
Increase in number of active music listeners around the globe acts a key driver of the global music distribution services market. In addition, rise in interest in listening to international and different varieties of music is strengthening the growth of the market. However, data leakage and chances of piracy during online music distribution hamper the growth of the market. On the contrary, increase in use of OTT platform and integration of virtual reality are expected to provide lucrative opportunities for the market growth during the forecast period.
The global music distribution services market is segmented into type, deployment mode, end user, and region. By type, the market is bifurcated into artist-to-fan and distributor to digital retailers. Depending on deployment, it is segregated into on-premise and cloud. On the basis of end user, it is fragmented into record companies and independent music producer. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The market players operating in the music distribution services market include Amuse, Ditto Music, Horus Music, Kobalt Corp, LANDR Audio, RouteNote Inc., The Orchard (Sony), Spotify, Symphonic Distribution, and Tunecore. These major players have adopted various key development strategies such as business expansion, new product launches, and others, which help to drive the growth of the global music distribution services market.

KEY BENEFITS FOR STAKEHOLDERS
• The study provides an in-depth analysis of the music distribution service market along with the current trends and future estimations to elucidate the imminent investment pockets.
• Information about key drivers, restraints, and opportunities and their impact analysis on the music distribution service market size is provided.
• Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the music distribution service market.
• The quantitative analysis of the music distribution service market from 2020 to 2030 is provided to determine the music distribution service market potential.
MARKET SEGMENTS

By type
o Artist-to-fan
o Distributor to digital retailers

By deployment Mode
o On-premise
o Cloud

By end user
o Independent music producers
o Record companies

BY REGION
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Netherlands
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South-Korea
o Australia
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa

KEY MARKET PLAYERS PROFILED IN THE REPORT OF MUSIC DISTRIBUTION SERVICE MARKET
• Amuse
• Ditto Music
• Horus Music
• Kobalt Corp
• LANDR Audio
• RouteNote Inc
• The Orchard (Sony)
• Spotify
• Symphonic Distribution
• Tunecore

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