Market Research Report
Music Recording Industry
|Published by||Global Industry Analysts, Inc.||Product code||912395|
|Published||Content info||331 Pages
Delivery time: 1-2 business days
|Music Recording Industry|
|Published: April 1, 2021||Content info: 331 Pages||
Global Music Recording Industry Market to Reach $95 Billion by 2027
Amid the COVID-19 crisis, the global market for Music Recording Industry estimated at US$60.4 Billion in the year 2020, is projected to reach a revised size of US$95 Billion by 2027, growing at a CAGR of 6.7% over the period 2020-2027.
The U.S. Market is Estimated at $16.4 Billion, While China is Forecast to Grow at 10.1% CAGR
The Music Recording Industry market in the U.S. is estimated at US$16.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$20.6 Billion by the year 2027 trailing a CAGR of 10.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.
Select Competitors (Total 235 Featured) -