The global desktop music market is estimated to grow with a CAGR of 9.0% over the forecast period, i.e., 2022-2031. The growth of the market can be attributed to growing penetration of smartphones, following by large number of OTT service users. Additionally, growing sales of electric music, along with rising adoption of digital audio workstations are also estimated to boost the growth of the market. The market is estimated to garner a revenue of near to USD 16,000 Million by the end of 2031, up from a revenue of about USD 6,800 Million in the year 2021.
The global desktop music market is segmented into numerous segment, which include segmentation by component, software deployment, OS compatibility, and by end user. By software deployment, the market is segmented into on-premises and cloud. Amongst these segment, the cloud segment is anticipated to grow at the highest near to CAGR 12% over the forecast period.
On the basis of region, the global desktop music market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The North America desktop music market is anticipated to garner the largest revenue of about USD 6,500 Million by the end of 2031. Further, in the year 2021, the segment generated revenue of close to USD 2,500 Million.
Some of the prominent industry leaders in the global desktop music market that are included in the report are Ableton AG, Image Line Software, Logitech, Panasonic Holdings Corporation, Sony Corporation, Bose Corporation, Avid Technology, Inc., Adobe, Sennheiser electronic GmbH & Co. KG, Bitwig GmbH, Apple Inc., Cockos Incorporated, and others.
The global desktop music market is segmented into numerous segment, which include segmentation by component, software deployment, OS compatibility, and by end user. By software deployment, the market is segmented into on-premises and cloud. Amongst these segment, the cloud segment is anticipated to grow at the highest near to CAGR 12% over the forecast period.
On the basis of region, the global desktop music market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The North America desktop music market is anticipated to garner the largest revenue of about USD 6,500 Million by the end of 2031. Further, in the year 2021, the segment generated revenue of close to USD 2,500 Million.
Some of the prominent industry leaders in the global desktop music market that are included in the report are Ableton AG, Image Line Software, Logitech, Panasonic Holdings Corporation, Sony Corporation, Bose Corporation, Avid Technology, Inc., Adobe, Sennheiser electronic GmbH & Co. KG, Bitwig GmbH, Apple Inc., Cockos Incorporated, and others.
Table of Contents
1. An Outline of the Desktop Music Market1.1. Market Definition
1.2. Market Segmentation
1.3. Product Overview
1.4. Research Methodology
2. Executive Summary
3. Analysis on Market Dynamics
3.1. Drivers
3.2. Trends
3.3. Opportunity
3.4. Restraints
4. Regulatory & Standards Landscape
5. Industry Risk Analysis
6. Impact of COVID-19 on Global Desktop Music Market
7. Regional Analysis on Number of Desktop Music User
8. Pricing Analysis
9. Industry Value Chain Analysis
10. Competitive Landscape
10.1. Market Share Analysis, 2021
10.1.1. Market Share Analysis of Major Players (%), 2021
10.2. Competitive Benchmarking
10.2.1. Ableton AG
10.2.2. Image Line Software (FL Studio)
10.2.3. Logitech
10.2.4. Panasonic Holdings Corporation
10.2.5. Sony Corporation
10.2.6. Bose Corporation
10.2.7. Avid Technology, Inc.
10.2.8. Adobe
10.2.9. Sennheiser electronic GmbH & Co. KG
10.2.10. Bitwig GmbH
10.2.11. Apple Inc.
10.2.12. Cockos Incorporated
11. Global Desktop Music Market
11.1. Market Overview
11.2. By Value (USD million)
11.3. Global Desktop Music Market Segmentation Analysis 2021-2031
11.3.1. By Component
11.3.1.1. Software, 2021-2031F (USD Million)
11.3.1.1.1. Digital Audio Workstation (DAW), 2021-2031F (USD Million)
11.3.1.1.2. Audio Player, 2021-2031F (USD Million)
11.3.1.2. Services, 2021-2031F (USD Million)
11.3.1.3. Accessories, 2021-2031F (USD Million)
11.3.1.3.1. Headphones, 2021-2031F (USD Million)
11.3.1.3.2. Speakers, 2021-2031F (USD Million)
11.3.1.3.3. Others, 2021-2031F (USD Million)
11.3.2. By Software Deployment
11.3.2.1. On-Premises, 2021-2031F (USD Million)
11.3.2.2. Cloud, 2021-2031F (USD Million)
11.3.3. By OS Compatibility
11.3.3.1. Mac, 2021-2031F (USD Million)
11.3.3.2. Windows, 2021-2031F (USD Million)
11.3.3.3. Others, 2021-2031F (USD Million)
11.3.4. By End-User
11.3.4.1. Commercial, 2021-2031F (USD Million)
11.3.4.2. Individual, 2021-2031F (USD Million)
11.3.5. Global Desktop Music Market by Region
11.3.5.1. North America, 2021-2031F (USD million)
11.3.5.2. Europe, 2021-2031F (USD million)
11.3.5.3. Asia-Pacific, 2021-2031F (USD million)
11.3.5.4. Latin America, 2021-2031F (USD million)
11.3.5.5. Middle East & Africa, 2021-2031F (USD million)
12. North America Desktop Music Market
12.1. By Component
12.1.1. Software, 2021-2031F (USD Million)
12.1.1.1. Digital Audio Workstation (DAW), 2021-2031F (USD Million)
12.1.1.2. Audio Player, 2021-2031F (USD Million)
12.1.2. Services, 2021-2031F (USD Million)
12.1.3. Accessories, 2021-2031F (USD Million)
12.1.3.1. Headphones, 2021-2031F (USD Million)
12.1.3.2. Speakers, 2021-2031F (USD Million)
12.1.3.3. Others, 2021-2031F (USD Million)
12.2. By Software Deployment
12.2.1. On-Premises, 2021-2031F (USD Million)
12.2.2. Cloud, 2021-2031F (USD Million)
12.3. By OS Compatibility
12.3.1. Mac, 2021-2031F (USD Million)
12.3.2. Windows, 2021-2031F (USD Million)
12.3.3. Others, 2021-2031F (USD Million)
12.4. By End-User
12.4.1. Commercial, 2021-2031F (USD Million)
12.4.2. Individual, 2021-2031F (USD Million)
12.5. By Country
12.5.1. US, 2021-2031F (USD Million)
12.5.2. Canada, 2021-2031F (USD Million)
13. Europe Desktop Music Market
13.1. By Component
13.2. By Software Deployment
13.3. By OS Compatibility
13.4. By End-User
13.5. By Country
13.5.1. UK, 2021-2031F (USD Million)
13.5.2. Germany, 2021-2031F (USD Million)
13.5.3. Italy, 2021-2031F (USD Million)
13.5.4. France, 2021-2031F (USD Million)
13.5.5. Spain, 2021-2031F (USD Million)
13.5.6. Netherlands, 2021-2031F (USD Million)
13.5.7. Russia, 2021-2031F (USD Million)
13.5.8. Rest of Europe, 2021-2031F (USD Million)
14. Asia Pacific Desktop Music Market
14.1. By Component
14.2. By Software Deployment
14.3. By OS Compatibility
14.4. By End-User
14.5. By Country
14.5.1. Australia, 2021-2031F (USD Million)
14.5.2. Japan, 2021-2031F (USD Million)
14.5.3. Singapore, 2021-2031F (USD Million)
14.5.4. South Korea, 2021-2031F (USD Million)
14.5.5. China, 2021-2031F (USD Million)
14.5.6. India, 2021-2031F (USD Million)
14.5.7. Rest of Asia Pacific, 2021-2031F (USD Million)
15. Latin America Desktop Music Market
15.1. By Component
15.2. By Software Deployment
15.3. By OS Compatibility
15.4. By End-User
15.5. By Country
15.5.1. Brazil, 2021-2031F (USD Million)
15.5.2. Argentina, 2021-2031F (USD Million)
15.5.3. Mexico, 2021-2031F (USD Million)
15.5.4. Rest of Latin America, 2021-2031F (USD Million)
16. Middle East & Africa Desktop Music Market
16.1. By Component
16.2. By Software Deployment
16.3. By OS Compatibility
16.4. By End-User
16.5. By Country
16.5.1. GCC, 2021-2031F (USD Million)
16.5.2. Israel, 2021-2031F (USD Million)
16.5.3. South Africa, 2021-2031F (USD Million)
16.5.4. Rest of Middle East & Africa, 2021-2031F (USD Million)
Companies Mentioned
- Ableton AG
- Image Line Software
- Logitech
- Panasonic Holdings Corporation
- Sony Corporation
- Bose Corporation
- Avid Technology Inc.
- Adobe
- Sennheiser electronic GmbH & Co. KG
- Bitwig GmbH
- Apple Inc.
- Cockos Incorporated
