NEW YORK, Oct. 21, 2021 /PRNewswire/ -- The "Stock Music Market by Market Landscape (RF and RM) and Geography (North America, Europe, APAC, South America, and MEA) - Forecast and Analysis 2021-2025" report has been added to Technavio's offerings. With ISO 9001:2015 certification, Technavio has been proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the stock music market between 2021 and 2025 is USD 452.89 mn. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
The rising adoption of the subscription model and increasing adoption of digital music are some of the key market drivers. However, factors such as lack of ownership of streamed music and issues associated with integration will challenge market growth.
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The stock music market report is segmented by license model (RF and RM) and geography (North America, Europe, APAC, South America, and MEA). North America will be the leading region with 40% of the market's growth during the forecast period. The US is the key market for stock music in North America.
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Some Companies Mentioned
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Background Music Market: The background music market has been segmented by end-user (hospitality, retail, commercial buildings, public infrastructure, and others) and geography (Europe, North America, APAC, MEA, and South America). Download Free Sample Report
Recorded Music Market: The recorded music market has been segmented by type (digital, physical, and others) and geography (APAC, Europe, MEA, North America, and South America). Download Free Sample Report
Stock Music Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 6.90%
Market growth 2021-2025
USD 452.89 million
YoY growth (%)
North America, Europe, APAC, South America, and MEA
Performing market contribution
North America at 40%
Key consumer countries
US, UK, Japan, Germany, China, and France
Leading companies, competitive strategies, consumer engagement scope
Artlist Ltd., Audio Network Ltd., Bensound, Envato Pty Ltd., Epidemic Sound AB, Footage Firm Inc., Pond5 Inc., Shutterstock Inc., SoundCloud Ltd., and The Music Bed LLC
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Key Topics Covered:
Five Forces Analysis
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