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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1210939

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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1210939

Global Traditional Music Market Size study & Forecast, by Type (Tangible Recording Formats, Live Music Events) and Regional Analysis, 2022-2029

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Global Traditional Music Market is valued approximately USD 11.86 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 14.50% over the forecast period 2022-2029. The fact that everyone appreciates and listens to music makes it a type of entertainment that is growing in popularity around the world. Additionally, the popularity of live music events is predicted to expand over the projection period, as are the number of music sponsors & performers around the world. Additionally, the expansion of the market for live music events will be further aided in the future years by the rise in leisure spending. Along with this, it is projected that over the coming years, market growth would be fueled by the increasing urbanization and increased disposable income of individuals around the world. Along with this, growing platforms where people can enjoy traditional music is increasing which is creating lucrative growth opportunity for the market over the forecast period.

For instance, according to Statista, the number of Spotify premium subscribers are increasing worldwide which is driving the growth for the market. For instance, in first quarter of 2015 there were 18 million subscribers of Spotify which has increased significantly in first quarter of 2022 up to 188 million. However, the low profit, rise in the expenditure for casting traditional music stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Traditional Music Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Due to the growing popularity of live music events, North America contributed the most to the worldwide traditional music market in 2021 and is predicted to see the quickest CAGR from 2022 to 2028. Additionally, the demand for live performance experiences among the younger revellers in this region is anticipated to fuel market expansion. This region's business has grown as a result of the rising desire for hybrid music events, which draw sizable audiences from media like movies and video games.

Major market players included in this report are:

Sony Group Corp.

Emi Music Publishing Limited

Concord Music Group, Inc.

Universal Music Group, Inc.

Vivendi SE

Warner Music Group Corp.

Ace Ticket Worldwide Inc.

Alliance Tickets

Bassett Events

Brown Paper Tickets LLC

Recent Developments in the Market:

  • Sony Group Corp. has acquired Emi Music Publishing Limited in November 2018. Sony Group Corp. made this tactical choice to quickly acquire the market in order to increase its market share.
  • In April 2022, The "PaDa" Project, a docuseries that supports and celebrates traditional folk music in India, is being launched by Believe India and Ishtar Music in collaboration with the Bangalore-based nonprofit Snehadhara Foundation and Vasu Dixit Collective.

Global Traditional Music Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Type, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Tangible Recording Formats

Live Music Events

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
    • 1.2.1. Traditional Music Market, by Region, 2019-2029 (USD Billion)
    • 1.2.2. Traditional Music Market, by Type, 2019-2029 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Traditional Music Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Traditional Music Market Dynamics

  • 3.1. Traditional Music Market Impact Analysis (2019-2029)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Increasing leisure spending
      • 3.1.1.2. Growing popularity for live music
    • 3.1.2. Market Challenges
      • 3.1.2.1. Low profits in traditional music production
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Rising number of online platforms

Chapter 4. Global Traditional Music Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
  • 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
  • 4.3. PEST Analysis
    • 4.3.1. Political
    • 4.3.2. Economical
    • 4.3.3. Social
    • 4.3.4. Technological
  • 4.4. Investment Adoption Model
  • 4.5. Analyst Recommendation & Conclusion
  • 4.6. Top investment opportunity
  • 4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

  • 5.1. Assessment of the overall impact of COVID-19 on the industry
  • 5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Traditional Music Market, by Type

  • 6.1. Market Snapshot
  • 6.2. Global Traditional Music Market by Type, Performance - Potential Analysis
  • 6.3. Global Traditional Music Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
  • 6.4. Traditional Music Market, Sub Segment Analysis
    • 6.4.1. Tangible Recording Formats
    • 6.4.2. Live Music Events

Chapter 7. Global Traditional Music Market, Regional Analysis

  • 7.1. Traditional Music Market, Regional Market Snapshot
  • 7.2. North America Traditional Music Market
    • 7.2.1. U.S. Traditional Music Market
      • 7.2.1.1. Type breakdown estimates & forecasts, 2019-2029
    • 7.2.2. Canada Traditional Music Market
  • 7.3. Europe Traditional Music Market Snapshot
    • 7.3.1. U.K. Traditional Music Market
    • 7.3.2. Germany Traditional Music Market
    • 7.3.3. France Traditional Music Market
    • 7.3.4. Spain Traditional Music Market
    • 7.3.5. Italy Traditional Music Market
    • 7.3.6. Rest of Europe Traditional Music Market
  • 7.4. Asia-Pacific Traditional Music Market Snapshot
    • 7.4.1. China Traditional Music Market
    • 7.4.2. India Traditional Music Market
    • 7.4.3. Japan Traditional Music Market
    • 7.4.4. Australia Traditional Music Market
    • 7.4.5. South Korea Traditional Music Market
    • 7.4.6. Rest of Asia Pacific Traditional Music Market
  • 7.5. Latin America Traditional Music Market Snapshot
    • 7.5.1. Brazil Traditional Music Market
    • 7.5.2. Mexico Traditional Music Market
  • 7.6. Rest of The World Traditional Music Market

Chapter 8. Competitive Intelligence

  • 8.1. Top Market Strategies
  • 8.2. Company Profiles
    • 8.2.1. Sony Group Corp.
      • 8.2.1.1. Key Information
      • 8.2.1.2. Overview
      • 8.2.1.3. Financial (Subject to Data Availability)
      • 8.2.1.4. Product Summary
      • 8.2.1.5. Recent Developments
    • 8.2.2. Emi Music Publishing Limited
    • 8.2.3. Concord Music Group, Inc.
    • 8.2.4. Universal Music Group, Inc.
    • 8.2.5. Vivendi SE
    • 8.2.6. Warner Music Group Corp.
    • 8.2.7. Ace Ticket Worldwide Inc.
    • 8.2.8. Alliance Tickets
    • 8.2.9. Bassett Events
    • 8.2.10. Brown Paper Tickets LLC

Chapter 9. Research Process

  • 9.1. Research Process
    • 9.1.1. Data Mining
    • 9.1.2. Analysis
    • 9.1.3. Market Estimation
    • 9.1.4. Validation
    • 9.1.5. Publishing
  • 9.2. Research Attributes
  • 9.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Traditional Music Market, report scope
  • TABLE 2. Global Traditional Music Market estimates & forecasts by Region 2019-2029 (USD Billion)
  • TABLE 3. Global Traditional Music Market estimates & forecasts by Type 2019-2029 (USD Billion)
  • TABLE 4. Global Traditional Music Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 5. Global Traditional Music Market by region, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 6. Global Traditional Music Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 7. Global Traditional Music Market by region, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 8. Global Traditional Music Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 9. Global Traditional Music Market by region, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 10. Global Traditional Music Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 11. Global Traditional Music Market by region, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 12. Global Traditional Music Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 13. Global Traditional Music Market by region, estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 14. U.S. Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 15. U.S. Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 16. U.S. Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 17. Canada Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 18. Canada Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 19. Canada Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 20. UK Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 21. UK Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 22. UK Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 23. Germany Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 24. Germany Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 25. Germany Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 26. France Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 27. France Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 28. France Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 29. Italy Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 30. Italy Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 31. Italy Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 32. Spain Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 33. Spain Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 34. Spain Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 35. RoE Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 36. RoE Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 37. RoE Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 38. China Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 39. China Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 40. China Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 41. India Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 42. India Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 43. India Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 44. Japan Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 45. Japan Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 46. Japan Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 47. South Korea Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 48. South Korea Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 49. South Korea Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 50. Australia Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 51. Australia Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 52. Australia Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 53. RoAPAC Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 54. RoAPAC Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 55. RoAPAC Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 56. Brazil Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 57. Brazil Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 58. Brazil Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 59. Mexico Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 60. Mexico Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 61. Mexico Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 62. RoLA Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 63. RoLA Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 64. RoLA Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 65. Row Traditional Music Market estimates & forecasts, 2019-2029 (USD Billion)
  • TABLE 66. Row Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 67. Row Traditional Music Market estimates & forecasts by segment 2019-2029 (USD Billion)
  • TABLE 68. List of secondary sources, used in the study of global Traditional Music Market
  • TABLE 69. List of primary sources, used in the study of global Traditional Music Market
  • TABLE 70. Years considered for the study
  • TABLE 71. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

  • FIG 1. Global Traditional Music Market, research methodology
  • FIG 2. Global Traditional Music Market, Market estimation techniques
  • FIG 3. Global Market size estimates & forecast methods
  • FIG 4. Global Traditional Music Market, key trends 2021
  • FIG 5. Global Traditional Music Market, growth prospects 2022-2029
  • FIG 6. Global Traditional Music Market, porters 5 force model
  • FIG 7. Global Traditional Music Market, pest analysis
  • FIG 8. Global Traditional Music Market, value chain analysis
  • FIG 9. Global Traditional Music Market by segment, 2019 & 2029 (USD Billion)
  • FIG 10. Global Traditional Music Market by segment, 2019 & 2029 (USD Billion)
  • FIG 11. Global Traditional Music Market by segment, 2019 & 2029 (USD Billion)
  • FIG 12. Global Traditional Music Market by segment, 2019 & 2029 (USD Billion)
  • FIG 13. Global Traditional Music Market by segment, 2019 & 2029 (USD Billion)
  • FIG 14. Global Traditional Music Market, regional snapshot 2019 & 2029
  • FIG 15. North America Traditional Music Market 2019 & 2029 (USD Billion)
  • FIG 16. Europe Traditional Music Market 2019 & 2029 (USD Billion)
  • FIG 17. Asia pacific Traditional Music Market 2019 & 2029 (USD Billion)
  • FIG 18. Latin America Traditional Music Market 2019 & 2029 (USD Billion)
  • FIG 19. Global Traditional Music Market, company Market share analysis (2021)

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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