, / PRNewswire / – The size of the stock market will grow by USD 505.24 million from 2021 to 2026, and will advance by 7.31% CAGR according to Technavo’s latest market forecast report. The stock market is fragmented by the music market and vendors are expanding their growth strategies, such as pricing policy and the implementation of different varieties of music to compete in the market. Adobe Inc., Artlist Ltd., Audio Network Ltd., Bensound, Earmotion Audio Creation GmbH, Envato Pty Ltd., Epidemic Sound AB, Footage Firm Inc., HookSounds, Marmoset LLC, Music Vine Ltd., MusicRevolution LLC, NEO Sounds Ltd . ., Pixabay GmbH, Shutterstock Inc., Smartsound LLC, SoundCloud Global Ltd. And Co. KG, THE LICENSE LAB LLC and Trad Ventures LLC are some of the major market participants.
Technavio has announced its latest market research report based on the Stock Music Market licensing model and geography – 2022-2026 forecast and analysis.
Audio Network Ltd. – The company offers royalty-free stock music with different styles of music such as disco, reggae and jazz.
Artlist Ltd. – The company offers stock music based on humor, genre, instruments and theme.
Bensound – The company offers royalty-free stock music with a variety of music styles such as disco, jazz, acoustic and children’s social media.
Envato Pty Ltd – The company offers royalty free stock music with different styles of music through its subsidiary Envato Elements Pty Ltd.
Epidemic Sound AB – The company provides copyrighted music for personal, commercial and business content
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Stock Music Market 2022-2026: Field
Our stock market music report covers the following areas:
Stock Music Market Industry Study
Stock Music Market 2022-2026: Segmentation Analysis
Regional mention: 41% of market growth will come from North America in the forecast period. The US is a key market for North American stock music. The growth of the market in this region will be faster than the growth of the European and MEA market. The presence of several music publishers and music reproduction service providers and the high spending capacity of the population in countries like the US will facilitate the growth of the market in North America during the forecast period.
Revenue Generation Segment: An increase in market share in the RF segment will be important for revenue generation. RF refers to the right to use copyrighted material without paying any fees or license fees. The advent of RF music has allowed the use of legal music in video or sound based productions. It has given producers illegal access to a wide range of music content without the need to illegally use copyrighted music. As the cost of RF music is lower than RM music, thus, the availability of RF music will drive the growth of the segment in the forecast years.
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Stock Music Market 2022-2026: Market Dynamics
Drivers: Increased acceptance of the subscription model, increased reception of digital music & amp; the popularity of audio and video streaming will offer tremendous growth opportunities.
Challenges: Problems with lack of ownership and integration of streaming music, intense competition, and consistent user preferences & amp; Downloading illegal music tracks will call into question the growth of market participants.
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Stock Music Market 2022-2026: the keys
Market CAGR 2022-2026 forecast period
Detailed information on the factors that will contribute to the growth of the music market over the next five years
Estimation of the size of the music stock market and its contribution to the main market
Predictions of emerging trends and changes in consumer behavior
The growth of the music stock market
Analysis of the market competitiveness landscape and detailed information on vendors
Full details of the factors that will call into question the growth of the stock market in the music market
The size of the recorded music market is projected to rise to $ 21.4 trillion from 2021 to 2026, at a CAGR of 13.27%.
The market share of online films is expected to increase by USD 17,940 billion from 2021 to 2025 at a CAGR of 19.50%.
North America, Europe, APAC, South America and the Middle East and Africa
USA, Japan, China, UK and Germany
Business leaders, competitive strategies, the scope of consumer engagement
Adobe Inc., Artlist Ltd., Audio Network Ltd., Bensound, Earmotion Audio Creation GmbH, Envato Pty Ltd., Epidemic Sound AB, Footage Firm Inc., HookSounds, Marmoset LLC, Music Vine Ltd., MusicRevolution LLC, NEO Sounds Ltd . ., Pixabay GmbH, Shutterstock Inc., Smartsound LLC, SoundCloud Global Ltd. And Co. KG, THE LICENSE LAB LLC and Trad Ventures LLC
Parental Market Analysis, Market Growth Drivers and Barriers, Rapid and Slow Analysis of Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Market Situation Analysis for the Expected Period,
If our report does not include the data you are looking for, you can contact our analyst and customize the segments.
3.4 Market Forecasts: Forecast for 2021-2026
4.3 Bargaining power of suppliers
5 Market Segmentation by License Model
5.3 RF – Market size and forecast 2021-2026
5.4 RM – Market size and forecast 2021-2026
5.5 Market Option Depending on the License Model
7.3 North America – Market Size and Forecast 2021-2026
7.4 Europe – Market size and forecast 2021-2026
7.5 APAC – Market Size and Forecast 2021-2026
7.6 South America – Market Size and Forecast 2021-2026
7.7 Middle East and Africa – Market size and forecast 2021-2026
7.8 USA – Market Size and Forecast 2021-2026
7.9 United Kingdom – Market size and forecast 2021-2026
7.10 Japan – Market Size and Forecast 2021-2026
7.11 Germany – Market size and forecast 2021-2026
7.12 China – Market Size and Forecast 2021-2026
7.13 Market Opportunity by Geography
8 Drivers, challenges and trends
8.3 Influence and challenges of drivers
10.2 Market positioning of vendors
10.11 SoundCloud Global Ltd. And Co. KG
11.2 Checklist for entries and exclusions
11.3 U.S. Currency Conversion Rates
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Technavio ResearchJesse MaidaMedia & amp; Marketing ExecutiveAEB: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.comWebsite: www.technavio.com/
Technavio (PRNewsfoto / Technavio)
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