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The generative AI in music market is forecasted to grow by USD 1.90 billion during 2024-2029, accelerating at a CAGR of 25% during the forecast period. The report on the generative AI in music market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by democratization of music creation and lowered production barriers, surging demand for personalized and dynamic audio content, and continuous advancements in AI models and computational infrastructure.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The generative AI in music market is segmented as below:
By Component
- Software
- Services
By Technology
- Transformers
- Diffusion models
- GANs
By Application
- Automated music composition
- Music mastering and editing
- Personalized music recommendations
- Music transcription and analysis
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the generative AI in music market covers the following areas:
- Generative AI In Music Market sizing
- Generative AI In Music Market forecast
- Generative AI In Music Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Technology
8 Market Segmentation by Application
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global generative ai in music market: Aiva Technologies, Amadeus Code Inc., Amper Music, Apple Inc., Beatoven.ai, Boomy, Endel, Google LLC, Loudly, OpenAI, Rightsify, Sony Group Corp., SOUNDRAW, Suno.ai, Udio, and Vochlea Music.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is hyper-realistic vocal synthesis and emergence of artist-ai partnerships."
According to the report, one of the major drivers for this market is the democratization of music creation and lowered production barriers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aiva Technologies
- Amadeus Code Inc.
- Amper Music
- Apple Inc.
- Beatoven.ai
- Boomy
- Endel
- Google LLC
- Loudly
- OpenAI
- Rightsify
- Sony Group Corp.
- SOUNDRAW
- Suno.ai
- Udio
- Vochlea Music
