Stock Music Market
Stock Music Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Stock Music Market Size and Growth
The stock music market is experiencing robust growth, driven by increasing demand for affordable audio content across digital media platforms. As of 2023, the market size is estimated at approximately $400 million, with predictions of continued expansion due to the rise of content creators and streaming services seeking diverse music solutions.
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Companies Covered (Covid 19 Impact Covered)
◍ Audio Network
◍ Getty Images
◍ Pond5
◍ Shutterstock
◍ The Music Bed
The stock music market features companies like Audio Network, Getty Images, Pond5, Shutterstock, and The Music Bed, which offer diverse music licensing services. They enhance the market by providing high-quality soundtracks for various media, driving demand. Revenue for these companies includes:
- Audio Network: $30 million+
- Shutterstock: $700 million+
- Getty Images: $1 billion+
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Market Segmentation
By Application
Editorial
Commercial
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By Product
Royalty free (RF)
Rights managed (RM)
Market Growth
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$ 5.90 Billion
