Music recording or audio recording involves capturing audio signals onto storage devices either analog or digital.
The top three companies covered are Universal Music Group, Sony Music, and Warner Music. Universal Music Group was the largest company in the music recording market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global music recording market was valued at around $55 billion in 2017. North America was the largest region in the music recording market in 2017, accounting for around 55% of the total market. The USA was the largest country in the market in 2017, accounting for around 45% of the total market.
Wearable technology such as gloves and jackets are being used by artists during live performances. Wearable technologies are accessories such as clothing, headgear and gloves etc. These devices are self-equipped to connect with machines without human intervention.
The music recording market includes Reproduction And Publishing, Recording Studios, Television Recording, Stereo, Hi-Fi, Speakers, and Magnetic Tapes.
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