Celebrity Measurements

NEW YORK, June 27, 2023 /PRNewswire/ — The stock music market is set to grow by USD 664.36 million from 2022 to 2027, progressing at a CAGR of 7.94% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The increasing adoption of the subscription model is a major factor driving the stock music market growth. The subscription model in stock music is based on an application, and the integration of music streaming applications with social media platforms such as YouTube has been a major aspect that has expanded the demand for music subscriptions. Vendors that offer stock music provide audio tracks based on the demand of customers and charge prices according to the use of music. Musicbed, a stock music vendor, offers stock music plans based on the type of project, and it delivers various subscription plans based on Personal, Non-profit, Wedding, Business, and Custom models. However, the custom subscription model guarantees to return a quotation on the same day as when the request for quotation is made. The subscription model is favorable for a single song as the charge for a single song is USD 49- USD 199, depending on the Personal, Non-Profit, Wedding, Business, and Custom models. Therefore, the growing adoption of these subscription models will fuel the growth of the global stock music market during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request sample report 

Stock Music Market 2023-2027: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The soft skills training market report covers the following areas:

Stock Music Market 2023-2027: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Addictive Tracks Ltd., Adobe Inc., Artlist Ltd., Audio Network Ltd., Bensound, Envato Pty Ltd., Epidemic Sound AB, Filmstro Ltd., 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 among some of the major market participants.

Vendor Offerings

• Audio Network Ltd. – The company offers stock music such as disco, reggae, jazz, and plenty of other genres.
• Adobe Inc. – The company offers stock music, such as royalty-free stock music and audio for video productions and podcasts.
• Artlist Ltd. – The company offers stock music, such as royalty-free music and sound effects.

What`s New for 2023?

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial
• Customization options available as per your business needs
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Stock Music Market: Market Dynamics

Major Trends 

The expanding variety of stock music is an emerging trend driving the stock music market growth. The demand for stock music is influenced by its widespread use as background music. Generally, stock music tracks are used in TV programs, corporate videos, on-hold production, and websites. RF (royalty-free) music tracks are vastly used in YouTube videos. Users can use licensed RF music for their video productions. Thus, the growing availability and the vast multiplicity of stock music allow customers to find the right soundtrack for their videos. However, corporate customers use stock music to gather corporate videos and presentations The use of appropriate music can influence the ambience around an advertisement or presentation and impact the audience. In addition, stock music also finds use in voice-overs to set the mood and context for the promotion of products and services. The comprehensive use of stock music for personal and business applications gives rise to the demand for a variety of stock music, which is likely to boost the growth of the market during the forecast period.

Major Challenge 

The lack of ownership of streaming music and issues associated with integration may hinder the stock music market growth. Digital music is a crucial part of stock music publishing. The major factor driving the growth of music streaming services is the popularity of digital music. Thus, multiple music streaming mobile applications, such as SoundCloud, a service provided by SoundCloud Ltd. (SoundCloud), and gana.com, an application offered by Gamma Gana Ltd., has been launched. Such applications have large music libraries. Nevertheless, the customers do not own the music that they listen to when they use streaming services, and Internet access is required as not all streaming service providers offer offline music. Thus, the lack of ownership discourages many people from depending on streaming services, and consequently, they prefer downloading. The digital content platform that provides stock music demands integration with different channels, such as mobile applications and social media. For effective integration, considerable time and cost are involved in software coding. Furthermore, for effective operability, vendors should be able to provide customer support for all platforms. Therefore, business process issues and the demand for significant investments and time make it challenging for small vendors to deliver seamless services. This hinders the entry of new vendors and also challenges the existence of the existing vendors. Thus, the lack of ownership and the issues associated with integration are the major factors hindering the growth of the global stock music market during the forecast period.

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Stock Music Market 2023-2027: Segmentation

Stock Music Market is segmented as below:

• License Model
• Royalty-free
• Rights managed
• End-user 
• Television
• Film
• Radio
• Advertising
• Others
• Geography 
• North America
• Europe
• APAC
• South America
• Middle East And Africa

For insights on global, regional, and country-level parameters with growth opportunities, historic data (2017 to 2021) & forecast (2023-2027)  – Download a Sample Report

Stock Music Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist stock music market growth during the next five years
• Estimation of the stock music market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the stock music market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of the stock music market vendors

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Table of content

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by License Model
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global stock music market 2017 – 2021
• Exhibit 18: Historic Market Size – Data Table on Global stock music market 2017 – 2021 ($ million)

• 4.2 License Model Segment Analysis 2017 – 2021
• Exhibit 19: Historic Market Size – License Model Segment 2017 – 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 – 2021
• Exhibit 20: Historic Market Size – End-user Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by License Model

• 6.1 Market segments 
• Exhibit 30: Chart on License Model – Market share 2022-2027 (%)
• Exhibit 31: Data Table on License Model – Market share 2022-2027 (%)

• 6.2 Comparison by License Model 
• Exhibit 32: Chart on Comparison by License Model
• Exhibit 33: Data Table on Comparison by License Model

• 6.3 Royalty-free – Market size and forecast 2022-2027
• Exhibit 34: Chart on Royalty-free – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Royalty-free – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Royalty-free – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Royalty-free – Year-over-year growth 2022-2027 (%)

• 6.4 Rights managed – Market size and forecast 2022-2027
• Exhibit 38: Chart on Rights managed – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Rights managed – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Rights managed – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Rights managed – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by License Model
• Exhibit 42: Market opportunity by License Model ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments 
• Exhibit 43: Chart on End-user – Market share 2022-2027 (%)
• Exhibit 44: Data Table on End-user – Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 45: Chart on Comparison by End-user
• Exhibit 46: Data Table on Comparison by End-user

• 7.3 Television – Market size and forecast 2022-2027
• Exhibit 47: Chart on Television – Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Television – Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Television – Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Television – Year-over-year growth 2022-2027 (%)

• 7.4 Film – Market size and forecast 2022-2027
• Exhibit 51: Chart on Film – Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Film – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Film – Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Film – Year-over-year growth 2022-2027 (%)

• 7.5 Radio – Market size and forecast 2022-2027
• Exhibit 55: Chart on Radio – Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Radio – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Radio – Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Radio – Year-over-year growth 2022-2027 (%)

• 7.6 Advertising – Market size and forecast 2022-2027
• Exhibit 59: Chart on Advertising – Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Advertising – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Advertising – Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Advertising – Year-over-year growth 2022-2027 (%)

• 7.7 Others – Market size and forecast 2022-2027
• Exhibit 63: Chart on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Others – Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Others – Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by End-user 
• Exhibit 67: Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027
• Exhibit 73: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 Europe – Market size and forecast 2022-2027
• Exhibit 77: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.5 APAC – Market size and forecast 2022-2027
• Exhibit 81: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027
• Exhibit 85: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027
• Exhibit 93: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 UK – Market size and forecast 2022-2027
• Exhibit 97: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.10 China – Market size and forecast 2022-2027
• Exhibit 101: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.11 Japan – Market size and forecast 2022-2027
• Exhibit 105: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.12 France – Market size and forecast 2022-2027
• Exhibit 109: Chart on France – Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on France – Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on France – Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on France – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

11 Vendor Landscape

• 11.2 Vendor landscape 
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 Adobe Inc. 
• Exhibit 120: Adobe Inc. – Overview
• Exhibit 121: Adobe Inc. – Business segments
• Exhibit 122: Adobe Inc. – Key news
• Exhibit 123: Adobe Inc. – Key offerings
• Exhibit 124: Adobe Inc. – Segment focus

• 12.4 Artlist Ltd. 
• Exhibit 125: Artlist Ltd. – Overview
• Exhibit 126: Artlist Ltd. – Product / Service
• Exhibit 127: Artlist Ltd. – Key offerings

• 12.5 Audio Network Ltd. 
• Exhibit 128: Audio Network Ltd. – Overview
• Exhibit 129: Audio Network Ltd. – Product / Service
• Exhibit 130: Audio Network Ltd. – Key offerings

• 12.6 Bensound 
• Exhibit 131: Bensound – Overview
• Exhibit 132: Bensound – Product / Service
• Exhibit 133: Bensound – Key offerings

• 12.7 Envato Pty Ltd. 
• Exhibit 134: Envato Pty Ltd. – Overview
• Exhibit 135: Envato Pty Ltd. – Product / Service
• Exhibit 136: Envato Pty Ltd. – Key offerings

• 12.8 Epidemic Sound AB 
• Exhibit 137: Epidemic Sound AB – Overview
• Exhibit 138: Epidemic Sound AB – Product / Service
• Exhibit 139: Epidemic Sound AB – Key offerings

• 12.9 Footage Firm Inc. 
• Exhibit 140: Footage Firm Inc. – Overview
• Exhibit 141: Footage Firm Inc. – Product / Service
• Exhibit 142: Footage Firm Inc. – Key offerings

• 12.10 Marmoset LLC 
• Exhibit 143: Marmoset LLC – Overview
• Exhibit 144: Marmoset LLC – Product / Service
• Exhibit 145: Marmoset LLC – Key offerings

• 12.11 Music Vine Ltd. 
• Exhibit 146: Music Vine Ltd. – Overview
• Exhibit 147: Music Vine Ltd. – Product / Service
• Exhibit 148: Music Vine Ltd. – Key offerings

• 12.12 MusicRevolution LLC 
• Exhibit 149: MusicRevolution LLC – Overview
• Exhibit 150: MusicRevolution LLC – Product / Service
• Exhibit 151: MusicRevolution LLC – Key offerings

• 12.13 NEO Sounds Ltd. 
• Exhibit 152: NEO Sounds Ltd. – Overview
• Exhibit 153: NEO Sounds Ltd. – Product / Service
• Exhibit 154: NEO Sounds Ltd. – Key offerings

• 12.14 Shutterstock Inc. 
• Exhibit 155: Shutterstock Inc. – Overview
• Exhibit 156: Shutterstock Inc. – Product / Service
• Exhibit 157: Shutterstock Inc. – Key offerings

• 12.15 SoundCloud Global Ltd. and Co. KG
• Exhibit 158: SoundCloud Global Ltd. and Co. KG – Overview
• Exhibit 159: SoundCloud Global Ltd. and Co. KG – Product / Service
• Exhibit 160: SoundCloud Global Ltd. and Co. KG – Key offerings

• 12.16 The License lab LLC 
• Exhibit 161: The License lab LLC – Overview
• Exhibit 162: The License lab LLC – Product / Service
• Exhibit 163: The License lab LLC – Key offerings

• 12.17 Trad Ventures LLC 
• Exhibit 164: Trad Ventures LLC – Overview
• Exhibit 165: Trad Ventures LLC – Product / Service
• Exhibit 166: Trad Ventures LLC – Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 167: Inclusions checklist
• Exhibit 168: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 169: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 170: Research methodology
• Exhibit 171: Validation techniques employed for market sizing
• Exhibit 172: Information sources

• 13.5 List of abbreviations 
• Exhibit 173: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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