The Global Stock Music Market to grow at a CAGR of 7.46% during the period 2018-2022.
Global stock music market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the adoption of license models such as RF and RM.
Stock music is a less expensive alternative to the use of popular music in the production, as songs that are recognized instantly do not require specific permission or extra clearance fees. Stock music provides an easy licensed alternative to scoring productions.
One trend affecting this market is the increase in demand for different types of background music. The different types of background music used in television programs, corporate video making, movies, on-hold production, and websites is increasing.
According to the report, one driver influencing this market is the simple licensing and pricing of stock music. The RF license enable production houses to use RF stock music numerous times.
Further, the report states that one challenge affecting this market is the decline in profitability. The average return-per-stock music track has been steadily dropping over the last few years due to various changes in technology and consumption patterns.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY LICENSE MODEL
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/research/wj5lhb/global_stock?w=4
Source: Business Wire Entertainment News