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Market Research Report

Music Composing Software Market Research Report: By Instrument Simulation, Deployment, Operating System - Global Industry Analysis and Growth Forecast to 2030

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Music Composing Software Market Research Report: By Instrument Simulation, Deployment, Operating System - Global Industry Analysis and Growth Forecast to 2030
Published: September 1, 2020 Content info: 140 Pages
Description

Title:
Music Composing Software Market Research Report: By Instrument Simulation (Piano, Guitar, Full Orchestra, Drums and Percussions, Pipe Organ), Deployment (On-Premises, Cloud), Operating System (Windows, Mac, iOS, Android, Linux) - Global Industry Analysis and Growth Forecast to 2030.

In 2019, the global music composing software market generated a revenue of $177.4 million and by 2030, it is predicted to attain a value of $1,871.5 million. Furthermore, the market is predicted to advance at a CAGR of 23.8% between 2020 and 2030. The main factors fueling the progress of the market are the rising usage of online music streaming services, stable growth of the media and entertainment industry, and strong public preference for classical music shows around the world.

Additionally, the burgeoning demand for effective collaborations amongst musicians is causing the expansion of the market. Major factors such as digitization, connectivity with multiple devices, rapid technological advancements, and the emergence of several entertainment platforms are fueling the progress of the music composing software market. As per the PricewaterhouseCoopers (PwC) Global Entertainment & Media Outlook 2019-2023, $2.2 trillion revenue was generated by the media and entertainment sector in 2019.

The surging number of music events and live concerts, on account of the increasing number of musicians around the world, is another major factor causing the boom of the music composing software market. Besides this, the rising initiatives of various organizations such as the American Society of Composers, Authors, and Publishers (ASCAP) aimed at promoting musicians by organizing music contests, conferences, and live concerts are also propelling the growth of the industry.

As per Bachtrack Ltd., which is a London-based international online music magazine, as many as 20,535 classical music concerts were held in 2019. Furthermore, the magazine found that 34,648 listed performances, including dance and opera, were held during the same year. Such massive events and galas boosted the demand for music composing software, globally, in the past and with the increasing number of live performances being held in several countries, this trend is likely to continue in the coming years.

Depending on instrument simulation, the music composing software market is categorized into guitar, piano, drums and percussions, pipe organ, and full orchestra. Out of these, the guitar category recorded the highest growth in the market in the years gone by. This was because of the huge popularity of guitar simulation, on account of the higher preference for guitarists, especially in Europe and North America, over the players of other instruments.

Geographically, the music composing software market would exhibit the highest growth rate in the Asia-Pacific (APAC) region, as per the estimates of P&S Intelligence, a market research firm based in India, in the upcoming years. This would be because of the thriving media and entertainment industry in Japan, Australia, India, China, and South Korea and the increasing number of live music concerts, events, and performances being held in the regional countries.

Hence, it is safe to say that the market would demonstrate substantial growth across the world in the forthcoming years, mainly because of the expanding media and entertainment industry in several countries and the increasing popularity of live music concerts and performances around the world.

Table of Contents
Product Code: IM10323

Table of Contents

Chapter 1. Research Background

  • 1.1 Research Objectives
  • 1.2 Market Definition
  • 1.3 Research Scope
    • 1.3.1 Market Segmentation by Instrument Simulation
    • 1.3.2 Market Segmentation by Deployment
    • 1.3.3 Market Segmentation by Operating System
    • 1.3.4 Market Segmentation by Region
    • 1.3.5 Analysis Period
    • 1.3.6 Market Data Reporting Unit
      • 1.3.6.1 Value
  • 1.4 Key Stakeholders

Chapter 2. Research Methodology

  • 2.1 Secondary Research
    • 2.1.1 Paid
    • 2.1.2 Unpaid
  • 2.2 Primary Research
    • 2.2.1 Breakdown of Primary Research Respondents
      • 2.2.1.1 By region
      • 2.2.1.2 By industry participant
      • 2.2.1.3 By company type
  • 2.3 Market Size Estimation
  • 2.4 Data Triangulation
  • 2.5 Currency Conversion Rates
  • 2.6 Assumptions for the Study

Chapter 3. Executive Summary

  • 3.1 Voice of Industry Experts/KOLs

Chapter 4. Introduction

  • 4.1 Definition of Market Segments
    • 4.1.1 By Instrument Simulation
      • 4.1.1.1 Piano
      • 4.1.1.2 Pipe organ
      • 4.1.1.3 Guitar
      • 4.1.1.4 Full orchestra
      • 4.1.1.5 Drums and percussions
      • 4.1.1.6 Others
    • 4.1.2 By Operating System
      • 4.1.2.1 Windows
      • 4.1.2.2 Mac
      • 4.1.2.3 iOS
      • 4.1.2.4 Android
      • 4.1.2.5 Linux
    • 4.1.3 By Deployment
      • 4.1.3.1 On-premises
      • 4.1.3.2 Cloud
  • 4.2 Value Chain Analysis
  • 4.3 Market Dynamics
    • 4.3.1 Trends
      • 4.3.1.1 Surging focus toward customization in the music composing software
      • 4.3.1.2 Increasing online music tutorial platforms
    • 4.3.2 Drivers
      • 4.3.2.1 Growing media and entertainment industry
      • 4.3.2.2 Increasing live concerts and music events
      • 4.3.2.3 Impact analysis of drivers on market forecast
    • 4.3.3 Restraints
      • 4.3.3.1 Availability of free music software and educational resources
      • 4.3.3.2 Low awareness and cost factor associated with music composing software
      • 4.3.3.3 Impact analysis of restraints on market forecast
    • 4.3.4 Opportunities
      • 4.3.4.1 Supporting music programs in academic institutes
  • 4.4 Impact of COVID-19 on Music Composing Software Market
    • 4.4.1 COVID-19 Scenario
    • 4.4.2 Future Scenario
  • 4.5 Porter's Five Forces Analysis
    • 4.5.1 Bargaining Power of Buyers
    • 4.5.2 Bargaining Power of Suppliers
    • 4.5.3 Intensity of Rivalry
    • 4.5.4 Threat of New Entrants
    • 4.5.5 Threat of Substitutes

Chapter 5. Global Market Size and Forecast

  • 5.1 By Instrument Simulation
  • 5.2 By Deployment
  • 5.3 By Operating System
  • 5.4 By Region

Chapter 6. North America Market Size and Forecast

  • 6.1 By Instrument Simulation
  • 6.2 By Deployment
  • 6.3 By Operating System
  • 6.4 By Country

Chapter 7. Europe Market Size and Forecast

  • 7.1 By Instrument Simulation
  • 7.2 By Deployment
  • 7.3 By Operating System
  • 7.4 By Country

Chapter 8. APAC Market Size and Forecast

  • 8.1 By Instrument Simulation
  • 8.2 By Deployment
  • 8.3 By Operating System
  • 8.4 By Country

Chapter 9. RoW Market Size and Forecast

  • 9.1 By Instrument Simulation
  • 9.2 By Deployment
  • 9.3 By Operating System
  • 9.4 By Country

Chapter 10. Major Countries

  • 10.1 U.S. Market Revenue, by Instrument Simulation
  • 10.2 U.K. Market Revenue, by Instrument Simulation
  • 10.3 Germany Market Revenue, by Instrument Simulation
  • 10.4 Japan Market Revenue, by Instrument Simulation
  • 10.5 Brazil Market Revenue, by Instrument Simulation

Chapter 11. Competitive Landscape

  • 11.1 Competitive Analysis of Key Players
  • 11.2 Product Benchmarking of Key Players
  • 11.3 List of Players and Their Offerings

Chapter 12. Company Profiles

  • 12.1 MakeMusic Inc.
    • 12.1.1 Business Overview
    • 12.1.2 Product and Service Offerings
  • 12.2 Avid Technology Inc.
    • 12.2.1 Business Overview
    • 12.2.2 Product and Service Offerings
    • 12.2.3 Key Financial Summary
  • 12.3 Maestro Music Software
    • 12.3.1 Business Overview
    • 12.3.2 Product and Service Offerings
  • 12.4 Lugert Verlag GmbH & Co. KG
    • 12.4.1 Business Overview
    • 12.4.2 Product and Service Offerings
  • 12.5 Notation Software Germany GmbH
    • 12.5.1 Business Overview
    • 12.5.2 Product and Service Offerings
  • 12.6 PreSonus Audio Electronics Inc.
    • 12.6.1 Business Overview
    • 12.6.2 Product and Service Offerings
  • 12.7 NoteWorthy Software Inc.
    • 12.7.1 Business Overview
    • 12.7.2 Product and Service Offerings
  • 12.8 Passport Music Software LLC
    • 12.8.1 Business Overview
    • 12.8.2 Product and Service Offerings
  • 12.9 Sion Software
    • 12.9.1 Business Overview
    • 12.9.2 Product and Service Offerings
  • 12.10 Apple Inc.
    • 12.10.1 Business Overview
    • 12.10.2 Product and Service Offerings
    • 12.10.3 Key Financial Summary

Chapter 13. Appendix

  • 13.1 Abbreviations
  • 13.2 Sources and References
  • 13.3 Related Reports

List of Tables

  • TABLE 1 ANALYSIS PERIOD OF THE STUDY
  • TABLE 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS
  • TABLE 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS
  • TABLE 4 COVID-19 IMPACT ANALYSIS ON DIFFERENT SECTORS
  • TABLE 5 GLOBAL MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2019)
  • TABLE 6 GLOBAL MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2020-2030)
  • TABLE 7 GLOBAL MUSIC COMPOSING SOFTWARE MARKET, BY DEPLOYMENT, $M (2014-2019)
  • TABLE 8 GLOBAL MUSIC COMPOSING SOFTWARE MARKET, BY DEPLOYMENT, $M (2020-2030)
  • TABLE 9 GLOBAL MUSIC COMPOSING SOFTWARE MARKET, BY OPERATING SYSTEM, $M (2014-2019)
  • TABLE 10 GLOBAL MUSIC COMPOSING SOFTWARE MARKET, BY OPERATING SYSTEM, $M (2020-2030)
  • TABLE 11 GLOBAL MUSIC COMPOSING SOFTWARE MARKET, BY REGION, $M (2014-2019)
  • TABLE 12 GLOBAL MUSIC COMPOSING SOFTWARE MARKET, BY REGION, $M (2020-2030)
  • TABLE 13 NORTH AMERICA MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2019)
  • TABLE 14 NORTH AMERICA MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2020-2030)
  • TABLE 15 NORTH AMERICA MUSIC COMPOSING SOFTWARE MARKET, BY DEPLOYMENT, $M (2014-2019)
  • TABLE 16 NORTH AMERICA MUSIC COMPOSING SOFTWARE MARKET, BY DEPLOYMENT, $M (2020-2030)
  • TABLE 17 NORTH AMERICA MUSIC COMPOSING SOFTWARE MARKET, BY OPERATING SYSTEM, $M (2014-2019)
  • TABLE 18 NORTH AMERICA MUSIC COMPOSING SOFTWARE MARKET, BY OPERATING SYSTEM, $M (2020-2030)
  • TABLE 19 NORTH AMERICA MUSIC COMPOSING SOFTWARE MARKET, BY COUNTRY, $M (2014-2019)
  • TABLE 20 NORTH AMERICA MUSIC COMPOSING SOFTWARE MARKET, BY COUNTRY, $M (2020-2030)
  • TABLE 21 EUROPE MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2019)
  • TABLE 22 EUROPE MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2020-2030)
  • TABLE 23 EUROPE MUSIC COMPOSING SOFTWARE MARKET, BY DEPLOYMENT, $M (2014-2019)
  • TABLE 24 EUROPE MUSIC COMPOSING SOFTWARE MARKET, BY DEPLOYMENT, $M (2020-2030)
  • TABLE 25 EUROPE MUSIC COMPOSING SOFTWARE MARKET, BY OPERATING SYSTEM, $M (2014-2019)
  • TABLE 26 EUROPE MUSIC COMPOSING SOFTWARE MARKET, BY OPERATING SYSTEM, $M (2020-2030)
  • TABLE 27 EUROPE MUSIC COMPOSING SOFTWARE MARKET, BY COUNTRY, $M (2014-2019)
  • TABLE 28 EUROPE MUSIC COMPOSING SOFTWARE MARKET, BY COUNTRY, $M (2020-2030)
  • TABLE 29 APAC MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2019)
  • TABLE 30 APAC MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2020-2030)
  • TABLE 31 APAC MUSIC COMPOSING SOFTWARE MARKET, BY DEPLOYMENT, $M (2014-2019)
  • TABLE 32 APAC MUSIC COMPOSING SOFTWARE MARKET, BY DEPLOYMENT, $M (2020-2030)
  • TABLE 33 APAC MUSIC COMPOSING SOFTWARE MARKET, BY OPERATING SYSTEM, $M (2014-2019)
  • TABLE 34 APAC MUSIC COMPOSING SOFTWARE MARKET, BY OPERATING SYSTEM, $M (2020-2030)
  • TABLE 35 APAC MUSIC COMPOSING SOFTWARE MARKET, BY COUNTRY, $M (2014-2019)
  • TABLE 36 APAC MUSIC COMPOSING SOFTWARE MARKET, BY COUNTRY, $M (2020-2030)
  • TABLE 37 ROW MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2019)
  • TABLE 38 ROW MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2020-2030)
  • TABLE 39 ROW MUSIC COMPOSING SOFTWARE MARKET, BY DEPLOYMENT, $M (2014-2019)
  • TABLE 40 ROW MUSIC COMPOSING SOFTWARE MARKET, BY DEPLOYMENT, $M (2020-2030)
  • TABLE 41 ROW MUSIC COMPOSING SOFTWARE MARKET, BY OPERATING SYSTEM, $M (2014-2019)
  • TABLE 42 ROW MUSIC COMPOSING SOFTWARE MARKET, BY OPERATING SYSTEM, $M (2020-2030)
  • TABLE 43 ROW MUSIC COMPOSING SOFTWARE MARKET, BY COUNTRY, $M (2014-2019)
  • TABLE 44 ROW MUSIC COMPOSING SOFTWARE MARKET, BY COUNTRY, $M (2020-2030)
  • TABLE 45 U.S. MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2019)
  • TABLE 46 U.S. MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2020-2030)
  • TABLE 47 U.K. MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2019)
  • TABLE 48 U.K. MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2020-2030)
  • TABLE 49 GERMANY MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2019)
  • TABLE 50 GERMANY MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2020-2030)
  • TABLE 51 JAPAN MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2019)
  • TABLE 52 JAPAN MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2020-2030)
  • TABLE 53 BRAZIL MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2019)
  • TABLE 54 BRAZIL MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2020-2030)
  • TABLE 55 LIST OF PLAYERS AND THEIR OFFERINGS
  • TABLE 56 MAKEMUSIC INC. - AT A GLANCE
  • TABLE 57 AVID TECHNOLOGY INC. - AT A GLANCE
  • TABLE 58 AVID TECHNOLOGY INC. - KEY FINANCIAL SUMMARY
  • TABLE 59 MAESTRO MUSIC SOFTWARE - AT A GLANCE
  • TABLE 60 LUGERT VERLAG GMBH & CO. KG - AT A GLANCE
  • TABLE 61 NOTATION SOFTWARE GERMANY GMBH - AT A GLANCE
  • TABLE 62 PRESONUS AUDIO ELECTRONICS INC. - AT A GLANCE
  • TABLE 63 NOTEWORTHY SOFTWARE INC. - AT A GLANCE
  • TABLE 64 PASSPORT MUSIC SOFTWARE LLC- AT A GLANCE
  • TABLE 65 SION SOFTWARE - AT A GLANCE
  • TABLE 66 APPLE INC. - AT A GLANCE
  • TABLE 67 APPLE INC. - KEY FINANCIAL SUMMARY

List of Figures

  • FIG 1 RESEARCH SCOPE
  • FIG 2 RESEARCH METHODOLOGY
  • FIG 3 BREAKDOWN OF PRIMARY RESEARCH BY REGION
  • FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT
  • FIG 5 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE
  • FIG 6 DATA TRIANGULATION APPROACH
  • FIG 7 CURRENCY CONVERSION RATES FOR USD (2019)
  • FIG 8 GLOBAL MUSIC COMPOSING SOFTWARE MARKET SUMMARY
  • FIG 9 OPINION OF INDUSTRY EXPERTS/KOLS
  • FIG 10 VALUE CHAIN ANALYSIS
  • FIG 11 BARGAINING POWER OF BUYERS
  • FIG 12 BARGAINING POWER OF SUPPLIERS
  • FIG 13 INTENSITY OF RIVALRY
  • FIG 14 THREAT OF NEW ENTRANTS
  • FIG 15 THREAT OF SUBSTITUTES
  • FIG 16 GLOBAL MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2030)
  • FIG 17 GLOBAL MUSIC COMPOSING SOFTWARE MARKET, BY DEPLOYMENT, $M (2014-2030)
  • FIG 18 GLOBAL MUSIC COMPOSING SOFTWARE MARKET, BY OPERATING SYSTEM, $M (2014-2030)
  • FIG 19 WORLDWIDE MAJOR MARKETS FOR MUSIC COMPOSING SOFTWARE
  • FIG 20 NORTH AMERICA MUSIC COMPOSING SOFTWARE MARKET SNAPSHOT
  • FIG 21 NORTH AMERICA MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2030)
  • FIG 22 NORTH AMERICA MUSIC COMPOSING SOFTWARE MARKET, BY DEPLOYMENT, $M (2014-2030)
  • FIG 23 NORTH AMERICA MUSIC COMPOSING SOFTWARE MARKET, BY OPERATING SYSTEM, $M (2014-2030)
  • FIG 24 NORTH AMERICA MUSIC COMPOSING SOFTWARE MARKET, BY COUNTRY, $M (2014-2030)
  • FIG 25 EUROPE MUSIC COMPOSING SOFTWARE SNAPSHOT
  • FIG 26 EUROPE MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2030)
  • FIG 27 EUROPE MUSIC COMPOSING SOFTWARE MARKET, BY DEPLOYMENT, $M (2014-2030)
  • FIG 28 EUROPE MUSIC COMPOSING SOFTWARE MARKET, BY OPERATING SYSTEM, $M (2014-2030)
  • FIG 29 EUROPE MUSIC COMPOSING SOFTWARE MARKET, BY COUNTRY, $M (2014-2030)
  • FIG 30 APAC MUSIC COMPOSING SOFTWARE MARKET SNAPSHOT
  • FIG 31 APAC MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2030)
  • FIG 32 APAC MUSIC COMPOSING SOFTWARE MARKET, BY DEPLOYMENT, $M (2014-2030)
  • FIG 33 APAC MUSIC COMPOSING SOFTWARE MARKET, BY OPERATING SYSTEM, $M (2014-2030)
  • FIG 34 APAC MUSIC COMPOSING SOFTWARE MARKET, BY COUNTRY, $M (2014-2030)
  • FIG 35 ROW MUSIC COMPOSING SOFTWARE MARKET SNAPSHOT
  • FIG 36 ROW MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2030)
  • FIG 37 ROW MUSIC COMPOSING SOFTWARE MARKET, BY DEPLOYMENT, $M (2014-2030)
  • FIG 38 ROW MUSIC COMPOSING SOFTWARE MARKET, BY OPERATING SYSTEM, $M (2014-2030)
  • FIG 39 ROW MUSIC COMPOSING SOFTWARE MARKET, BY COUNTRY, $M (2014-2030)
  • FIG 40 U.S. MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2030)
  • FIG 41 U.K. MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2030)
  • FIG 42 GERMANY MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2030)
  • FIG 43 JAPAN MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2030)
  • FIG 44 BRAZIL MUSIC COMPOSING SOFTWARE MARKET, BY INSTRUMENT SIMULATION, $M (2014-2030)
  • FIG 45 RANKING OF TOP MUSIC COMPOSING SOFTWARE
  • FIG 46 AVID TECHNOLOGY INC. - REVENUE SPLIT BY PRODUCT CATEGORY AND GEOGRAPHY (2019)
  • FIG 47 APPLE INC. - REVENUE SPLIT BY GEOGRAPHY (2019)
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