Market Overview:
The global business music software market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based and web-based business music software solutions. The North American region is expected to dominate the global market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
Business Music Software is a type of software that is used to create and manage music for business purposes. This software can be used to create custom music for commercials, jingles, and other marketing materials. It can also be used to manage the music libraries of businesses and organizations.
Cloud Based:
Cloud based software is a collection of data and applications that are stored remotely on the internet. The data can be accessed from any location or device connected to the internet. It offers benefits such as easy access, cost effectiveness, and flexibility of usage. Cloud based business music software is used by organizations for managing their digital audio assets such as MP3s, WAVs, AIFFs along with associated metadata like track number & duration etc.
Web Based:
The Web Based (WBS) is a software-based system that enables the user to access the program files from any location via internet. It also helps in playing, editing and creating audio programs.
Application Insights:
The music publishers segment dominated the global business music software market in 2017. This can be attributed to the rising number of compositions being published online and their growing popularity among internet users. The increasing use of sheet music as a medium for conveying emotions through song lyrics is also responsible for driving this segment.
The record companies segment is expected to grow at a significant rate over the forecast period owing to an increase in demand from both established and upcoming bands/musicians across different parts of the world. The need for efficient management tools that help artists manage their schedules, access information regarding past & present clients, collaborate with other musicians and producers has also driven this application segment growth over recent years.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of prominent players such as ASCAP, BMI, and SESAC. These companies are actively involved in developing new products that enable efficient management of licensing data among different users and different devices. Moreover, these companies are also engaged in educating their clients on copyright issues so that they may continue to use licensed music legally for their business operations.
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period owing to increasing adoption by small & medium enterprises (SMEs).
Growth Factors:
- Increasing demand for background music in businesses to create a positive ambiance
- Growing trend of using music as a marketing tool to attract customers
- Proliferation of internet and smartphones making it easier for people to access music anytime, anywhere
- Rising popularity of online streaming services that offer business users an affordable way to access millions of tracks
- Advances in technology that allow businesses to personalize the type and tempo of background music according to their needs
Scope Of The Report
Report Attributes
Report Details
Report Title
Business Music Software Market Research Report
By Type
Cloud Based, Web Based
By Application
Music Publishers, Record Companies
By Companies
Cloud Cover, Counterpoint Suite, Easy On Hold, Mood Media, NCH Software, On Hold Company, Overhead.fm, PlayNetwork, Rockbot, Soundtrack Business, Soundtrack Your Brand, SpectrioINSPIRE, Vibenomics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Business Music Software Market Report Segments:
The global Business Music Software market is segmented on the basis of:
Types
Cloud Based, Web Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Music Publishers, Record Companies
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cloud Cover
- Counterpoint Suite
- Easy On Hold
- Mood Media
- NCH Software
- On Hold Company
- Overhead.fm
- PlayNetwork
- Rockbot
- Soundtrack Business
- Soundtrack Your Brand
- SpectrioINSPIRE
- Vibenomics
Highlights of The Business Music Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- Web Based
- By Application:
- Music Publishers
- Record Companies
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Business Music Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Business music software is a type of software that helps businesses manage their music. It can include tools for managing and organizing music files, creating playlists, and tracking listening activity.
Some of the major players in the business music software market are Cloud Cover, Counterpoint Suite, Easy On Hold, Mood Media, NCH Software, On Hold Company, Overhead.fm, PlayNetwork, Rockbot, Soundtrack Business, Soundtrack Your Brand, SpectrioINSPIRE, Vibenomics.
The business music software market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Business Music Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Business Music Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Business Music Software Market - Supply Chain
4.5. Global Business Music Software Market Forecast
4.5.1. Business Music Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Business Music Software Market Size (000 Units) and Y-o-Y Growth
4.5.3. Business Music Software Market Absolute $ Opportunity
5. Global Business Music Software Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Business Music Software Market Size and Volume Forecast by Type
5.3.1. Cloud Based
5.3.2. Web Based
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Business Music Software Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Business Music Software Market Size and Volume Forecast by Application
6.3.1. Music Publishers
6.3.2. Record Companies
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Business Music Software Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Business Music Software Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Business Music Software Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Business Music Software Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Business Music Software Demand Share Forecast, 2019-2026
9. North America Business Music Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Business Music Software Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Business Music Software Market Size and Volume Forecast by Application
9.4.1. Music Publishers
9.4.2. Record Companies
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Business Music Software Market Size and Volume Forecast by Type
9.7.1. Cloud Based
9.7.2. Web Based
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Business Music Software Demand Share Forecast, 2019-2026
10. Latin America Business Music Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Business Music Software Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Business Music Software Market Size and Volume Forecast by Application
10.4.1. Music Publishers
10.4.2. Record Companies
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Business Music Software Market Size and Volume Forecast by Type
10.7.1. Cloud Based
10.7.2. Web Based
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Business Music Software Demand Share Forecast, 2019-2026
11. Europe Business Music Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Business Music Software Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Business Music Software Market Size and Volume Forecast by Application
11.4.1. Music Publishers
11.4.2. Record Companies
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Business Music Software Market Size and Volume Forecast by Type
11.7.1. Cloud Based
11.7.2. Web Based
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Business Music Software Demand Share, 2019-2026
12. Asia Pacific Business Music Software Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Business Music Software Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Business Music Software Market Size and Volume Forecast by Application
12.4.1. Music Publishers
12.4.2. Record Companies
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Business Music Software Market Size and Volume Forecast by Type
12.7.1. Cloud Based
12.7.2. Web Based
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Business Music Software Demand Share, 2019-2026
13. Middle East & Africa Business Music Software Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Business Music Software Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Business Music Software Market Size and Volume Forecast by Application
13.4.1. Music Publishers
13.4.2. Record Companies
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Business Music Software Market Size and Volume Forecast by Type
13.7.1. Cloud Based
13.7.2. Web Based
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Business Music Software Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Business Music Software Market: Market Share Analysis
14.2. Business Music Software Distributors and Customers
14.3. Business Music Software Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cloud Cover
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Counterpoint Suite
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Easy On Hold
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mood Media
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NCH Software
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. On Hold Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Overhead.fm
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. PlayNetwork
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rockbot
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Soundtrack Business
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Soundtrack Your Brand
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SpectrioINSPIRE
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Vibenomics
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
