U.S Stock Music Market Size, Share, By Type (Licensed Stock Music and Royalty-free Stock Music), By Application (Advertising, Gaming, Film Soundtracks, Television & Radio Broadcasts, and Others), By End-Users (Small & Medium Enterprises, Large Enterprises, and Individual Content Creators)- Trends, Analysis and Forecast till 2034

Report Code: PMI539924 | Publish Date: June 2024 | No. of Pages: 167

Us Stock Music Market Overview

U.S. Stock Music Market Size was valued at USD 0.54 Billion in 2024 and is projected to grow at a CAGR of 8.8% to reach USD 1.16 Billion by 2034.

The US Stock Music industry is a vital component of media production and creative content, offering a diverse array of pre-produced audio tracks for licensing across various multimedia platforms. Stock music is a versatile resource for content creators, filmmakers, advertisers, and other stakeholders seeking high-quality audio assets to enhance their projects. Exploring the driving factors and challenges shaping this industry provides valuable insights into the evolving landscape of media consumption and production in the United States.

Us Stock Music Market Dynamics

Key Drivers of Target Market:

Digitalization and Online Content Creation

A primary driver fueling the growth of the US Stock Music industry is the widespread digitalization of media consumption and the proliferation of online content creation platforms. With the advent of digital technologies and the rise of social media, streaming services, and user-generated content platforms, there has been an exponential increase in the demand for professional audio tracks to accompany multimedia projects. Stock music platforms cater to this demand by providing convenient access to a vast library of licensable tracks, empowering creators to produce engaging and immersive content across various digital channels. As online content creation continues to flourish in the United States, fueled by changing consumer preferences and technological advancements, the demand for stock music is expected to escalate, driving industry growth.

Cost-Effectiveness and Accessibility

Another key driver shaping the US Stock Music industry is the cost-effectiveness and accessibility of stock music solutions compared to traditional music licensing models. Stock music offers an affordable alternative to commissioning custom compositions or securing exclusive rights to commercial tracks, making it an attractive option for budget-conscious content creators and businesses. Moreover, the accessibility of stock music platforms enables users to browse, preview, and license audio tracks with ease, eliminating the need for lengthy negotiations and administrative hassles associated with traditional licensing processes. This accessibility democratizes access to professional audio resources, democratizing content creation and fueling the widespread adoption of stock music across various industries and creative endeavors in the United States.

Restrains:

Copyright Compliance and Licensing Challenges

Despite the industry's growth potential, copyright compliance and licensing challenges pose significant constraints for the US Stock Music market. Ensuring proper clearance and licensing of music tracks to comply with intellectual property laws and usage rights can be a complex and time-consuming. The intricate legal landscape surrounding music licensing, coupled with varying copyright enforcement practices, adds layers of complexity to licensing agreements and rights management. Consequently, navigating these legal intricacies and securing appropriate licenses for stock music usage remains a persistent challenge for content creators, businesses, and stock music platforms in the United States, potentially hindering the industry's growth and innovation.

Us Stock Music Market Segmentation

The market is segmented based on Type, Application, and End-Users.

U.S Stock Music Market Report Scope:

Attribute

Details

Market Size 2024

USD 0.54 Billion

Projected Market Size 2034

USD 1.16 Billion

CAGR Growth Rate

8.8%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Licensed Stock Music and Royalty-free Stock Music

By Application - Advertising, Gaming, Film Soundtracks, Television & Radio Broadcasts, and Others

By End User - Small & Medium Enterprises, Large Enterprises, and Individual Content Creators

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2023 to 2034. For the purpose of this study, has segmented the Stock Music Market report based on Type, Application, and End User:

Segmentation:

By Type:

  • Licensed Stock Music
  • Royalty-free Stock Music

By Application:

  • Advertising
  • Gaming
  • Film Soundtracks
  • Television & Radio Broadcasts
  • Others

By End User:

  • Small & Medium Enterprises
  • Large Enterprises
  • Individual Content Creators

Us Stock Music Market Key Players

The key players operating the Stock Music Market include EPIDEMIC SOUND, Audio Network Limited, Shutterstock Inc., ENVATO ELEMENTS PTY LTD., SoundCloud Ltd., The Music Bed LLC., POND5 INC., Music Vine Limited.

Us Stock Music Market Company Profile

  • EPIDEMIC SOUND, Inc. *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Audio Network Limited
  • Shutterstock Inc.  
  • ENVATO ELEMENTS PTY LTD.
  • SoundCloud Ltd., Ltd.
  • The Music Bed LLC.  
  • POND5 INC., INC.
  • Music Vine Limited.         

“*” marked represents similar segmentation in other categories in the respective section.

Us Stock Music Market Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Preview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By End User
      • Market Snippet, By Country
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Product Launch
    • Merger and Acquisitions
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis
  4. Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), up to 10 Years
      • Y-o-Y Growth Analysis (%), up to 10 Years
      • Segment Trends
    • Licensed Stock Music
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), up to 10 Years
    • Royalty-free Stock Music
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), up to 10 Years
  5. Market Segmentation, Application, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), up to 10 Years
      • Y-o-Y Growth Analysis (%), up to 10 Years
      • Segment Trends
    • Advertising
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), up to 10 Years
    • Gaming
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), up to 10 Years
    • Film Soundtracks
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), up to 10 Years
    • Television & Radio Broadcasts
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), up to 10 Years
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), up to 10 Years
  6. Market Segmentation, End User, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), up to 10 Years
      • Y-o-Y Growth Analysis (%), up to 10 Years
      • Segment Trends
    • Small & Medium Enterprises
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), up to 10 Years
    • Large Enterprises
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), up to 10 Years
    • Individual Content Creators
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), up to 10 Years
  7. Market Segmentation, By Country, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), up to 10 Years
      • Y-o-Y Growth Analysis (%), up to 10 Years
      • Regional Trends
  8. Competitive Landscape
  • Heat Map Analysis
  • Company Profiles
    • EPIDEMIC SOUND
    • Audio Network Limited
    • Shutterstock Inc.  
    • ENVATO ELEMENTS PTY LTD.
    • SoundCloud Ltd., Ltd.
    • The Music Bed LLC.  
    • POND5 INC., Inc.
    • Music Vine Limited.   

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The U.S Stock Music Market is segmented into Type, Application, End User and U.S Region.

Digitalization and Online Content Creation and Cost-Effectiveness and Accessibility.

The key players operating the Stock Music Market include EPIDEMIC SOUND, Audio Network Limited, Shutterstock Inc., ENVATO ELEMENTS PTY LTD., SoundCloud Ltd., Ltd., The Music Bed LLC., POND5 INC., INC., Music Vine Limited.