With technology making gigantic strides towards revolutionizing the entertainment industry, digital music distribution is hitting fever pitch. Through incremental innovation, online distributors have radically transformed the industry, opening new horizons, and creating a platform for music to permeate all corners of the globe. Fortunately for musicians, this presents a slew of music distribution services that are just a click away.
This report aims to provide a comprehensive presentation of the global market for Music Distribution Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Music Distribution Services. This report contains market size and forecasts of Music Distribution Services in global, including the following market information:
- Global Music Distribution Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Music Distribution Services market was valued at US$ 1035.7 million in 2022 and is projected to reach US$ 1364.7 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Music Distribution Services is mainly classified into the following types: Distributor to Digital Retailers and Artist-to-Fan. Distributor to Digital Retailers took up about 97.12% of the global revenue market in 2019.
Music Distribution Services can be used by Independent Music Producers and Record Companies. The former is the main user, taking up about 83.17% of the global total in 2019.
North America market took up about 38.26% the global market in 2019, while Europe and Southeast Asia were about 32.43%, 23.52%.
CD Baby (Disc Makers), The Orchard (SONY), Believe, Kobalt, ReverbNation, etc. are the key suppliers in the global market. The Top 5 took up over 50% of the global revenue share in 2019.
We surveyed the Music Distribution Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Music Distribution Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Music Distribution Services Market Segment Percentages, by Type, 2022 (%)
- Distributor to Digital Retailers
- Artist-to-Fan
Global Music Distribution Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Music Distribution Services Market Segment Percentages, by Application, 2022 (%)
- Independent Music Producers
- Record Companies
Global Music Distribution Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Music Distribution Services Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Music Distribution Services revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Music Distribution Services revenues share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- CD Baby (Disc Makers)
- Distrokid
- ReverbNation
- LANDR Audio
- Believe
- RouteNote
- ONErpm
- Ditto Music
- FreshTunes
- Musicinfo
- Record Union
- Spinnup (Universal Music Group)
- Kobalt
- United Masters
- Amuse
- Octiive
- Symphonic Distribution (Topple Track)
- iMusician Digital
- The Orchard (SONY)
- Horus Music
- Kanjian Music
- iMusicaCorp
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Music Distribution Services, market overview.
- Chapter 2: Global Music Distribution Services market size in revenue.
- Chapter 3: Detailed analysis of Music Distribution Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Music Distribution Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.
