Music production has traditionally been, at best, an adjacent industry to the recording business, and at worst simply a cost centre. That is now all changing.            disruption catalysed the already-rapid shift towards affordable production tools and the rise of a new generation of online platforms that are reimagining music production as SAAS-based communities. This represents the most important product strategy shift music has faced in decades, but it is also much more than just that. Adding to an already vibrant creator tools marketplace, this new breed of services is reinventing the creative process and will similarly reshape the long-term view of what a music company is. The production business and the recording business are about to become intertwined.

Companies and brands mentioned in this report: Ableton, Ableton Live, AIR, Akai Professional, Aloha, Amuse, Android, Apogee, Apple, Arcade, Avid, Beatstars, BandLab, CD Baby, Elk, Fender, fiverr, Google, Image Line, FL Studio, Garageband, Guitar Center, iPhone Pro, Kontakt, LANDR, Logic Pro, Logic Remote, Maschine, Mixcloud, Native Instruments, Output, Pro Tools, Reverb, Roland, Soundbetter, Soundcloud, Soundstorming, Soundtrap, Splice, Spotify, Structure, TikTok, Traktor, TuneCore, Waves, and YouTube

NOTE – The dataset published alongside this report includes:

• Music software,            and services revenues and forecasts
• Creator tools            value chain
• Music software            tracker (plugins, VSTs, DAWs, rent-to-own,            DJ tools)
• Creator tools            directory