Stock Music Market Poised To Grow To $367M By 2024
The global stock music market will grow by $367.47 million from 2020-2024, according to the latest market research report by Technavio.
Growing popularity of audio and video streaming is one of the key factors driving stock music growth. In addition, rising demand for video production with stock music tracks to be used in voice-overs and background scores is further expected to drive the stock music market during the forecast period.
The growing adoption of the digital audio workstation (DAW) will also contribute to growth over the forecast period.
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