Music Recording Market Report 2026

The music recording market size has grown strongly in recent years. It will grow from $65.14 billion in 2025 to $69.09 billion in 2026 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to vinyl resurgence, growth of cds in early 2000s, emergence of digital downloads, expansion of recording studios, rise of commercial music licensing.

The music recording market size is expected to see strong growth in the next few years. It will grow to $89.12 billion in 2030 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to increasing streaming subscriptions, ai-driven music production tools, global expansion of online music platforms, rising demand for immersive audio experiences, adoption of cloud-based recording services. Major trends in the forecast period include growth of independent music production, rise of streaming platforms and digital distribution, increasing popularity of home studios, adoption of ai in music composition and mixing, demand for high-quality audio formats.

The growth of the music industry is expected to drive the expansion of the music recording market in the coming years. The music industry includes all businesses and organizations involved in producing, recording, distributing, promoting, and monetizing music, such as record labels, artists, distributors, and digital platforms. Music recording plays a crucial role in this industry, allowing captured sound to be produced, refined, and distributed through both physical and digital formats for listener enjoyment, as well as for musical education and performance. The increase in recorded music revenues indicates stronger consumer interaction with music content, encouraging further investment in recording technologies and systems. For example, in March 2024, the Recording Industry Association of America (RIAA), a US-based trade organization, reported that total recorded music revenues in the United States rose 8% in 2023, reaching a record $17.1 billion, largely driven by continued growth in streaming and other formats. Consequently, the rising growth of the music industry is fueling the expansion of the music recording market.

Major companies in the music recording industry are concentrating on creating innovative solutions such as collaborative creative hubs to improve production quality and support artists worldwide. A collaborative creative hub is a shared environment where artists, producers, and creators come together to innovate, collaborate, and produce music or multimedia content collectively. For example, in March 2024, Sony Music Entertainment Inc., a US-based music company, opened a recording studio in Southeast Asia, situated in Jakarta, as a state-of-the-art creative collaboration space. The studio features advanced audio technologies, including immersive sound formats like Dolby Atmos, enabling artists to create world-class music and multimedia content. It also functions as a multifunctional hub for live performances, content production, and interactive sessions, promoting collaboration among regional and global creators.

In October 2024, Warner Music Group, a US-based music and entertainment company, acquired Cloud 9 Recordings for an undisclosed amount. Through this acquisition, Warner Music Group broadened its presence in the Benelux music market and enhanced its recorded music catalog and artist lineup by integrating one of the Netherlands’ prominent independent labels into its global network. Cloud 9 Recordings B.V. is a Netherlands-based independent record label focused on developing and promoting both Dutch and international artists across mainstream and contemporary music genres, boasting a strong history of chart successes and a diverse artist roster.

Major companies operating in the music recording market are Sony Corp., Capitol Studios, Bertelsmann SE & Co. KGaA, Universal Music Group, Warner Music, Quad Studios, EastWest Studios, BMG Rights Management GmbH, GMM Grammy Public Company Limited, Abbey Road Studios, Metropolis Studios, Henson Recording Studios, Avex Inc., Emperor Entertainment Group, Electric Lady Studios, Blackbird Studio, Sunset Sound Recorders, Ocean Way Recording, United Recording Studios, Record Plant, Associated Independent Recording, Real World Studios, Sonic Ranch, Studios 301, The Village Studios, Epic Records, Virgin Records, RAK Studios.

Asia-Pacific was the largest region in the music recording market in 2025. Western Europe is expected to be the fastest growing region in the forecast period. The regions covered in the music recording market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the music recording market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The music recording market includes revenues earned from the production and distribution of musical recordings, from publishing music, or from providing sound recording. Music recording is the electrical, mechanical, electronic, or digital inscription and playback of sound waves such as voice, song, instrumental music, and sound effects. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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