How big is the Musical Groups And Artists Market?

The Musical Groups And Artists Market size is expected to reach USD 30.30 billion in 2024 and grow at a CAGR of 7.55% to reach USD 43.60 billion by 2029. Read More

What is the current Musical Groups And Artists Market size?

In 2024, the Musical Groups And Artists Market size is expected to reach USD 30.30 billion. Read More

Who are the key players in Musical Groups And Artists Market?

BMG Rights Management GmbH, Kobalt Music Group, Ltd., Universal Music Group, Warner Music Inc and Sony Music Entertainment are the major companies operating in the Musical Groups And Artists Market. Read More

What years does this Musical Groups And Artists Market cover, and what was the market size in 2023?

In 2023, the Musical Groups And Artists Market size was estimated at USD 28.01 billion. The report covers the Musical Groups And Artists Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Musical Groups And Artists Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Musical Groups And Artists Market Share

Statistics for the 2023 & 2024 Musical Groups And Artists market share, created by Mordor Intelligence™ Industry Reports. Musical Groups And Artists share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Musical Groups And Artists Industry

The music groups and artists market is highly competitive. With the decline in physical album sales, artists have diversified their revenue streams. They rely on income sources, including streaming royalties, merchandise sales, brand partnerships, sponsorships, and fan-supported platforms such as Patreon and crowdfunding. The major players are BMG Rights Management GmbH, Kobalt Music Group, Ltd., Sony Music Entertainment, Universal Music Group, and Warner Music Inc..