DUBLIN--(BUSINESS WIRE)--Aug 7, 2018--The "Global Music Production Software Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The analysts forecast the global music production software market to grow at a CAGR of 8.65% during the period 2018-2022.

Music production software also known as a digital audio workstation (DAW) is used for music composition, digital recording, creating electronic music and other musical applications.

The report covers the present scenario and the growth prospects of the global music production software market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of music production software across several end-user industries.

The latest trend gaining momentum in the market is the growing use of AI by start-ups to compose music. AI is being used for composing music and is expected to be a potential game-changing technology for upcoming musicians. Several start-ups are receiving funds for developments in this domain.

One of the major drivers for this market is the increasing adoption of software by DJs for song mixing. Technological advances in the music industry have led to the emergence of advanced mobile-based software, which is used to mix and compose tracks. The growing preference for live events and EDM has led to an increase in the number of DJs worldwide.

The report states that one of the major factors hindering the growth of this market is the declining interest in learning music. People are taking less interest in learning music because of the emergence of alternative forms of entertainment such as smartphones and social media.

Companies Mentioned

Ableton Adobe Apple Avid MAGIX

Key Topics Covered:

01. Executive Summary

02. Scope Of The Report

03. Research Methodology

04. Market Landscape

05. Market Sizing

06. Five Forces Analysis

07. Market Segmentation By Type

08. Market Segmentation By End-User

09. Customer Landscape

10. Regional Landscape

11. Decision Framework

12. Drivers And Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

16. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/hkw932/global_music?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180807005399/en/

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Related Topics:Software,Music

KEYWORD:

INDUSTRY KEYWORD: ENTERTAINMENT MUSIC TECHNOLOGY SOFTWARE

SOURCE: Research and Markets

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PUB: 08/07/2018 06:53 AM/DISC: 08/07/2018 06:53 AM

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