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Online Music Education Market - Forecasts from 2025 to 2030

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    Report

  • 140 Pages
  • December 2024
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 5879838
The online music education market is expected to grow at a compound annual growth rate (CAGR) of 17.52%, from US$2.18 billion in 2025 to US$4.90 billion in 2030.

As per the Eurostat, in January 2024, the percentage of people that are pursuing an online course or using online learning material in the European Union, typically having an age group from 16 to 74 years, is presenting a constant rise from 28% in 2022 to 30% in 2023. With the rapid rise in utilization of online learning material and acceptance of online education, there will be an increase in the online music education industry among diverse age groups contributing to market expansion in the years ahead.

Moreover, technological developments, convenience, affordability, and accessibility are a few of the reasons that are further fueling the market expansion. In addition to these factors, the industry has grown as a result of the accessibility of high-speed internet, the widespread use of digital devices, and the rising need for personalized learning. To remain competitive in the market, firms that provide online music instruction, such MusicGurus, Skoove, Yousician, and Tonara, have implemented a variety of business tactics, such as product innovation, collaborations, and acquisitions.

Additionally, there has been a noticeable increase in the use of smart and connected gadgets in education. To enable music lovers to acquire the necessary information at home, many organizations began providing workshops for free. For instance, in November 2022, Amazon and Yousician partnered to create the ultimate bundle for beginner musicians. Amazon customers who purchase a qualifying musical instrument in Amazon stores, received 30-days free access to Yousician Premium+. Yousician offers thousands of interactive lessons for guitar, bass, piano, ukulele, and singing, allowing users to learn from hundreds of artists across various musical genres. This gamified approach to music education sets a new standard.

Online music education market drivers

Increasing internet penetration and growing adoption of connected devices

The expansion of digital technology and increasing internet penetration have dramatically changed the way people learn and enjoy music today. Different applications and websites meant for music learning contain different learning materials that include information and illustration materials, further contributing to the market growth during the forecast period.

Additionally, with the enormous flexibility of digital music formats and the huge amount of available information, people have easy access to music education anywhere and anytime. Recent developments in portable devices such as smartphones and tablets, with rising internet penetration even in remote areas, have resulted in higher processing power, more powerful audio-processing features, and visuals that are more appealing, resulting in tremendous growth in online music education applications developed for these devices.

According to the International Telecommunication Union (ITU), individuals using the internet have seen a significant increment in all the regions around the world, with the world percentage increasing from 62.2% in 2021 to 67.4% in 2023. Moreover, the number of cost-effective applications that can be accessed through these devices at a click and the viability of such devices with increased accessibility for learning and practicing music has boosted the market growth for online music education during the given forecast period.

Moreover, the potential for online music instruction is limitless as technology advances as well as several well-known music schools, like Berklee and Juilliard, are slowly moving towards online music education and integrating MOOCs. For instance, In April 2022, Berklee professor Benny Grotto developed a personal recording toolkit for students to produce professional-quality music remotely. The MP&E Department has launched an independent recording and production major, requiring a computer, software, audio interface, microphones, and headphones.

Players in the business are expanding their online services as they become aware of the potential of online music education. In April 2024, BIMM launched BIMM Pro, a comprehensive online music education program in collaboration with multi-platinum producer Warren Huart. The program offers courses in vocal production, drum and percussion production, instrument production, synthesis, programming, and sampling.

Reasons for buying this report:

  • Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub-segments.
  • Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
  • Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
  • Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
  • Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

  • Historical data & forecasts from 2022 to 2030
  • Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
  • Competitive Positioning, Strategies, and Market Share Analysis
  • Revenue Growth and Forecast Assessment of segments and regions including countries
  • Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The online music education market is analyzed into the following segments:

By Instrument Type

  • Piano
  • Guitar
  • Bass Guitar
  • Violin
  • Others

By Type

  • Music History
  • Musicology
  • Theory
  • Others

By Delivery Platform

  • Schools & Colleges
  • Music Studios/ Academy
  • App-based Learning

By Geography

  • North America
  • South America
  • Europe
  • Middle East and Africa
  • Asia-Pacific

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits for Stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
2.3. Data Validation
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Supplier
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. ONLINE MUSIC EDUCATION MARKET BY INSTRUMENT TYPE
5.1. Introduction
5.2. Piano
5.3. Guitar
5.4. Bass Guitar
5.5. Violin
5.6. Others
6. ONLINE MUSIC EDUCATION MARKET BY TYPE
6.1. Introduction
6.2. Music History
6.3. Musicology
6.4. Theory
6.5. Others
7. ONLINE MUSIC EDUCATION MARKET BY DELIVERY PLATFORM
7.1. Introduction
7.2. Schools & Colleges
7.3. Music Studios/ Academy
7.4. App-based Learning
8. ONLINE MUSIC EDUCATION MARKET BY GEOGRAPHY
8.1. Global Overview
8.2. North America
8.2.1. By Instrument Type
8.2.2. By Type
8.2.3. By Delivery Platform
8.2.4. By Country
8.2.4.1. United States
8.2.4.2. Canada
8.2.4.3. Mexico
8.3. South America
8.3.1. By Instrument Type
8.3.2. By Type
8.3.3. By Delivery Platform
8.3.4. By Country
8.3.4.1. Brazil
8.3.4.2. Argentina
8.3.4.3. Rest of South America
8.4. Europe
8.4.1. By Instrument Type
8.4.2. By Type
8.4.3. By Delivery Platform
8.4.4. By Country
8.4.4.1. United Kingdom
8.4.4.2. Germany
8.4.4.3. France
8.4.4.4. Italy
8.4.4.5. Spain
8.4.4.6. Rest of Europe
8.5. Middle East and Africa
8.5.1. By Instrument Type
8.5.2. By Type
8.5.3. By Delivery Platform
8.5.4. By Country
8.5.4.1. Saudi Arabia
8.5.4.2. United Arab Emirates
8.5.4.3. Rest of Middle East and Africa
8.6. Asia-Pacific
8.6.1. By Instrument Type
8.6.2. By Type
8.6.3. By Delivery Platform
8.6.4. By Country
8.6.4.1. China
8.6.4.2. India
8.6.4.3. Japan
8.6.4.4. South Korea
8.6.4.5. Taiwan
8.6.4.6. Thailand
8.6.4.7. Indonesia
8.6.4.8. Rest of Asia-Pacific
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Competitive Dashboard
10. COMPANY PROFILES
10.1. Musicgurus
10.2. Skoove (Learnfield GmbH)
10.3. Yousician Ltd.
10.4. Tonara
10.5. IMusic-School
10.6. Takelessons (Microsoft Corporation)
10.7. LessonFace
10.8. The Online Academy Of Irish Music
10.9. ArtistWorks (Truefire Studios LLC)
10.10. Berklee Online
10.11. Forbes Music Company
10.12. Forte
10.13. School of Rock LLC (Youth Enrichment Brands)
10.14. Let's Play Music

Companies Mentioned

  • Musicgurus
  • Skoove (Learnfield GmbH)
  • Yousician Ltd.
  • Tonara
  • IMusic-School
  • Takelessons (Microsoft Corporation)
  • LessonFace
  • The Online Academy Of Irish Music
  • ArtistWorks (Truefire Studios LLC)
  • Berklee Online
  • Forbes Music Company
  • Forte
  • School of Rock LLC (Youth Enrichment Brands)
  • Let’s Play Music

Methodology

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Table Information