Stock music is used to provide a suitable backdrop for messages, highlight a scene or emotion, and promote products, activities, or events. Furthermore, streaming provides video makers the choice of listening to the stock music and selecting the one that suits their production requirements. The rising demand for video production with stock music tracks, which are used in voice-overs and background scores, is driving the growth of the stock music market.
Demand for stock music is also driven by the engagement of music enthusiasts with streaming, especially with paid subscriptions for audio and video streaming. Additionally, broadcast versions of stock music are also produced to remove the need for users to create their versions for specific product applications
Market Dynamics
Music is integrated into almost all visual entertainment media, supports advertising, and helps in making social networking pages more attractive. In the gaming industry, music plays a vital role to increase interest of player into the game. Gaming music decides success and adoption of a game. Music interaction enhances emotional involvement of players in the game. Also, the overall sound landscape in game creates an illusion of the game world as an actual space. Moreover, variation in the music for a game is an important point as it can get boring to listen to repetitive music. Artlist, Music Case, Music Vine Limited, and others provide stock music for gaming application.
Key features of the study:
- This report provides in-depth analysis of the South Asia stock music market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2021– 2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, country outlook, and competitive strategies adopted by the leading market players
- It profiles leading players in the South Asia stock music market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
- Companies covered as a part of this study include Audio Network Limited, Envato Pty Ltd., Epidemic Sound, Pond5 Inc., The Music Bed LLC, SoundCloud Ltd., Music Vine Limited, Storyblocks.com, Soundsnap, Soundstripe Inc., Bensound, Jamendo, ProductionHUB, Inc., Artlist, Marmoset LLC, 123RF (Inmagine Lab Pte Ltd), Tunefruit, The Music Case, Shutterstock, Melody Loops LP, YouTube Audio Library, Amazon.com, Inc., Filmstro, ccMixter, StockMusicSite.com, NEO Sounds Ltd., and HookSounds
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- South Asia stock music market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the South Asia stock music market
Detailed Segmentation
- South Asia Stock Music Market, By Type:
- Royalty-free Stock Music
- Licensed Stock Music
- South Asia Stock Music Market , By Application:
- Film Soundtracks
- Advertising
- Online Content
- Gaming
- Television and Radio Broadcasts
- Corporate and Educational Presentations
- Others
- South Asia Stock Music Market , By End User:
- Large Enterprises
- SMEs
- Individual Content Creators
- South Asia Stock Music Market , By Country:
- India
- Sri Lanka
- Bangladesh
- Pakistan
- Nepal
- Rest of South Asia
- Company Profiles
- Audio Network Limited *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Envato Pty Ltd.
- Epidemic Sound
- Pond5 Inc.
- The Music Bed LLC
- SoundCloud Ltd.
- Music Vine Limited
- com
- Soundsnap
- Soundstripe Inc.
- Bensound
- Jamendo
- ProductionHUB, Inc.
- Artlist
- Marmoset LLC
- 123RF (Inmagine Lab Pte Ltd)
- Tunefruit
- The Music Case
- Shutterstock
- Melody Loops LP
- YouTube Audio Library
- com, Inc.
- Filmstro
- ccMixter
- com
- NEO Sounds Ltd.
- HookSounds
“*” marked represents similar segmentation in other categories in the respective section.
