Sheet Music Publishers - Industry Market Research Report

Sheet Music Publishers - Industry Market Research Report

  • November 2020 •
  • 43 pages •
  • Report ID: 5103640 •
  • Format: PDF
Flat note: Competition from free digital sheet music will continue to drive industry decline

Abstract

Sheet Music Publishers
The Sheet Music Publishers industry publishes and distributes sheet music on behalf of songwriters and companies with music licensing rights. Over the five years to 2019, competition from free digital alternatives and self-publishing platforms has considerably reduced demand for the industry. Moreover, while online retailers now account for a considerable share of sheet music sales, the internet has enabled consumers to shop around for the least expensive sheet music, adversely affecting industry revenue. Over the five years to 2024, the trend toward digitization and the prevalence of free digital alternatives is expected to continue to hamper sheet music sales. These digital alternatives not only include digital sheet music, but online videos as well. Widely available instructional videos have displaced method books as a self-education tool for hobbyists.

This industry primarily publishes sheet music, songbooks and digital sheet music. Educators, students, musicians and hobbyists use the industry’s products.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Loading...

We are very sorry, but an error occurred.
Please contact support@reportbuyer.com if the problem remains.