Market Overview:
The global music composition software market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based music composition software and rising adoption of music composition software in education sector. North America is expected to hold the largest share of the global market in terms of revenue, followed by Europe and Asia Pacific. However, Asia Pacific is projected to register highest CAGR during the forecast period owing to growing demand for cloud-based music composition software in countries such as China and India.
Product Definition:
Music composition software is a type of software that helps users create music. This type of software can include tools for composing, arranging, recording, editing, and mixing music. Some common features of music composition software include virtual instruments, MIDI support, audio tracks, and loops.
Cloud base:
Cloud base is a new term used in the music composition software industry. It's an innovative approach to storing and managing scores, parts, and other musical materials on digital media. The cloud-based system stores all the data on remote servers which are accessible anywhere across the globe with high-speed internet connection. This technology has been gaining popularity among composers owing to its several advantages such as easy access to compositions even from remote locations, real-time sharing of compositions etc., etc.
On Premise:
On premise software is used to create, arrange, and record music. It can be used by a single person or by an entire group of musicians. The most common types of on-premise software are SONGWRITER and SONGEDITOR.
Application Insights:
Artists were the major application segment in 2017 and accounted for more than half of the revenue share. The growth is attributed to a rising number of releases by various artists across all genres that include hip-hop, rock, electronic music, reggae and jazz. Moreover, many independent artistes have started using online music composition software as it offers advanced features such as loops and samples which help them create unique songs with professional touch.
The use of these softwares among musicians has been increasing steadily over the years owing to their easyto-use interfaces that enable fast workflow without compromising with regards to audio quality or performance capabilities. These softwares are also used by bands/musicians who wish to experiment with sounds or remix other band¢â‚¬â„¢s tracks into different genre styles (electronic/rock).
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 industry players and increased adoption of new technologies in U.S. Canada is also expected to contribute significantly to the regional market owing to increasing focus on digital music distribution and rising popularity for electronic dance music (EDM).
Asia Pacific is anticipated to witness significant growth over the forecast period, owing with rapid urbanization, growing disposable income levels among consumers along with changing lifestyle preferences towards electronic entertainment resulting into high demand for music composition software solutions that enable users create customized audio content based on their specific needs & requirements across various platforms such as web, mobile devices & social media channels. Furthermore, rising number of live concerts by international acts in countries such as India has resulted into increased demand for live soundtracks which will drive regional market growth over next eight years.
Growth Factors:
- Increasing demand for music composition software from professional and amateur musicians
- Rising adoption of music composition software in education sector
- Proliferation of online music composition communities and forums
- Growing popularity of electronic dance music (EDM) genre
- Technological advancements in music composition software
Scope Of The Report
Report Attributes
Report Details
Report Title
Music Composition Software Market Research Report
By Type
Cloud base, On Premise
By Application
Artists, Musicians, Entertainment, Educatio
By Companies
Avid Technology, FL Studio, PreSonus Audio Electronics, Ableton, Steinberg Media Technologies, Magix, Cakewalk, Adobe, Propellerhead Software, Apple, NCH Software, Cockos, Acon Digital
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Music Composition Software Market Report Segments:
The global Music Composition Software market is segmented on the basis of:
Types
Cloud base, On Premise
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
Artists, Musicians, Entertainment, Educatio
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:
- Avid Technology
- FL Studio
- PreSonus Audio Electronics
- Ableton
- Steinberg Media Technologies
- Magix
- Cakewalk
- Adobe
- Propellerhead Software
- Apple
- NCH Software
- Cockos
- Acon Digital
Highlights of The Music Composition 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 base
- On Premise
- By Application:
- Artists
- Musicians
- Entertainment
- Educatio
- 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 Music Composition 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
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- Understanding Competition Scenario
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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?
Music composition software is a computer program that helps musicians create and edit music. It can be used to write, arrange, and produce musical compositions.
Some of the major companies in the music composition software market are Avid Technology, FL Studio, PreSonus Audio Electronics, Ableton, Steinberg Media Technologies, Magix, Cakewalk, Adobe, Propellerhead Software, Apple, NCH Software, Cockos, Acon Digital.
The music composition software market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Music Composition Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Music Composition Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Music Composition Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Music Composition Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Music Composition Software Market Size & Forecast, 2018-2028
4.5.1 Music Composition Software Market Size and Y-o-Y Growth
4.5.2 Music Composition Software Market Absolute $ Opportunity
Chapter 5 Global Music Composition Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Music Composition Software Market Size Forecast by Type
5.2.1 Cloud base
5.2.2 On Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Music Composition Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Music Composition Software Market Size Forecast by Applications
6.2.1 Artists
6.2.2 Musicians
6.2.3 Entertainment
6.2.4 Educatio
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Music Composition Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Music Composition Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Music Composition Software Analysis and Forecast
9.1 Introduction
9.2 North America Music Composition Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Music Composition Software Market Size Forecast by Type
9.6.1 Cloud base
9.6.2 On Premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Music Composition Software Market Size Forecast by Applications
9.10.1 Artists
9.10.2 Musicians
9.10.3 Entertainment
9.10.4 Educatio
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Music Composition Software Analysis and Forecast
10.1 Introduction
10.2 Europe Music Composition Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Music Composition Software Market Size Forecast by Type
10.6.1 Cloud base
10.6.2 On Premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Music Composition Software Market Size Forecast by Applications
10.10.1 Artists
10.10.2 Musicians
10.10.3 Entertainment
10.10.4 Educatio
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Music Composition Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Music Composition Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Music Composition Software Market Size Forecast by Type
11.6.1 Cloud base
11.6.2 On Premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Music Composition Software Market Size Forecast by Applications
11.10.1 Artists
11.10.2 Musicians
11.10.3 Entertainment
11.10.4 Educatio
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Music Composition Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Music Composition Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Music Composition Software Market Size Forecast by Type
12.6.1 Cloud base
12.6.2 On Premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Music Composition Software Market Size Forecast by Applications
12.10.1 Artists
12.10.2 Musicians
12.10.3 Entertainment
12.10.4 Educatio
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Music Composition Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Music Composition Software Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Music Composition Software Market Size Forecast by Type
13.6.1 Cloud base
13.6.2 On Premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Music Composition Software Market Size Forecast by Applications
13.10.1 Artists
13.10.2 Musicians
13.10.3 Entertainment
13.10.4 Educatio
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Music Composition Software Market: Competitive Dashboard
14.2 Global Music Composition Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Avid Technology
14.3.2 FL Studio
14.3.3 PreSonus Audio Electronics
14.3.4 Ableton
14.3.5 Steinberg Media Technologies
14.3.6 Magix
14.3.7 Cakewalk
14.3.8 Adobe
14.3.9 Propellerhead Software
14.3.10 Apple
14.3.11 NCH Software
14.3.12 Cockos
14.3.13 Acon Digital
