The global market for Stock Music was valued at US$1.6 Billion in 2024 and is projected to reach US$2.2 Billion by 2030, growing at a CAGR of 5.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The versatility and broad applicability of stock music are significant contributors to its popularity. These tracks are crafted to be easily looped or edited to fit different durations and styles, making them highly adaptable across various formats and genres. Stock music libraries are continuously expanding their collections to include contemporary sounds and emerging genres, thus catering to a wide range of tastes and project requirements. This adaptability not only enhances the user experience but also ensures that the music remains relevant across different cultural and demographic boundaries. Furthermore, advancements in digital technology have streamlined the distribution and licensing processes, enabling instant access to tracks from around the world. This global reach has democratized music licensing, allowing independent filmmakers, small businesses, and digital marketers alike to utilize professional soundtracks in their projects.
The growth in the stock music market is driven by several factors, including technological advancements in media production, increasing demand for cost-effective musical content, and shifts in consumer behavior towards digital media consumption. Technological factors such as the proliferation of high-quality, affordable recording and editing equipment have lowered barriers to entry for music production, resulting in a surge in the quantity and variety of music available in stock libraries. Additionally, the rise of content creation across platforms like YouTube, TikTok, and podcasts has escalated demand for readily accessible music that can be quickly and legally integrated into multimedia projects. Consumer behavior has also evolved, with more creators and businesses recognizing the value of professional-grade audio in enhancing viewer engagement and project quality. Furthermore, the integration of sophisticated search algorithms and AI-based recommendations in stock music platforms has made it easier for users to find the perfect tracks for their projects, thereby encouraging repeated use and loyalty to specific libraries. These dynamics illustrate a vibrant and growing industry that continues to adapt and thrive in the face of changing technological and market conditions.
Global Stock Music Market - Key Trends and Drivers Summarized
Stock music, also known as production music or library music, is pre-recorded music that can be licensed for use in various media projects, such as films, TV shows, commercials, podcasts, and corporate presentations. Unlike traditional music licensing, which can be complex and costly due to negotiations over synchronization rights with music publishers, stock music offers a more straightforward and cost-effective solution. It is available through numerous platforms that provide diverse catalogues from which users can select music that best fits their project's needs without the need for direct negotiation with the composer or artist. This ease of access has made stock music an essential resource for content creators who require high-quality music but may not have the budget or the inclination to commission original compositions.The versatility and broad applicability of stock music are significant contributors to its popularity. These tracks are crafted to be easily looped or edited to fit different durations and styles, making them highly adaptable across various formats and genres. Stock music libraries are continuously expanding their collections to include contemporary sounds and emerging genres, thus catering to a wide range of tastes and project requirements. This adaptability not only enhances the user experience but also ensures that the music remains relevant across different cultural and demographic boundaries. Furthermore, advancements in digital technology have streamlined the distribution and licensing processes, enabling instant access to tracks from around the world. This global reach has democratized music licensing, allowing independent filmmakers, small businesses, and digital marketers alike to utilize professional soundtracks in their projects.
The growth in the stock music market is driven by several factors, including technological advancements in media production, increasing demand for cost-effective musical content, and shifts in consumer behavior towards digital media consumption. Technological factors such as the proliferation of high-quality, affordable recording and editing equipment have lowered barriers to entry for music production, resulting in a surge in the quantity and variety of music available in stock libraries. Additionally, the rise of content creation across platforms like YouTube, TikTok, and podcasts has escalated demand for readily accessible music that can be quickly and legally integrated into multimedia projects. Consumer behavior has also evolved, with more creators and businesses recognizing the value of professional-grade audio in enhancing viewer engagement and project quality. Furthermore, the integration of sophisticated search algorithms and AI-based recommendations in stock music platforms has made it easier for users to find the perfect tracks for their projects, thereby encouraging repeated use and loyalty to specific libraries. These dynamics illustrate a vibrant and growing industry that continues to adapt and thrive in the face of changing technological and market conditions.
Report Scope
The report analyzes the Stock Music market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments
License Model (Royalty-Free License Model, Rights Managed License Model).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Royalty-Free License Model segment, which is expected to reach US$1.3 Billion by 2030 with a CAGR of a 6.2%. The Rights Managed License Model segment is also set to grow at 5.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $425.3 Million in 2024, and China, forecasted to grow at an impressive 9.4% CAGR to reach $471.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as 123RF Pte Ltd, Artlist International, Inc., Audio Network Limited, BMG Production Music, Dreamstime.com, LLC and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Stock Music Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Stock Music Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Stock Music Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 35 major companies featured in this Stock Music market report include:
- 123RF Pte Ltd
- Artlist International, Inc.
- Audio Network Limited
- BMG Production Music
- Dreamstime.com, LLC
- Earmotion Audio Creation GmbH
- Envato Elements Pty Ltd
- Epidemic Sound AB
- Getty Images, Inc.
- Marmoset LLC (Marmoset Music)
- Musicbed
- NEO Sounds Ltd.
- Pond5, Inc.
- Shutterstock, Inc.
- Soundstripe Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 123RF Pte Ltd
- Artlist International, Inc.
- Audio Network Limited
- BMG Production Music
- Dreamstime.com, LLC
- Earmotion Audio Creation GmbH
- Envato Elements Pty Ltd
- Epidemic Sound AB
- Getty Images, Inc.
- Marmoset LLC (Marmoset Music)
- Musicbed
- NEO Sounds Ltd.
- Pond5, Inc.
- Shutterstock, Inc.
- Soundstripe Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 173 |
| Published | February 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 1.6 Billion |
| Forecasted Market Value ( USD | $ 2.2 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
