Stock Music Statistics 2024 – Everything You Need to Know

by

Are you looking to add Stock Music to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Stock Music statistics of 2024.

My team and I scanned the entire web and collected all the most useful Stock Music stats on this page. You don’t need to check any other resource on the web for any Stock Music statistics. All are here only 🙂

How much of an impact will Stock Music have on your day-to-day? or the day-to-day of your business? Should you invest in Stock Music? We will answer all your Stock Music related questions here.

Please read the page carefully and don’t miss any word. 🙂

Best Stock Music Statistics

☰ Use “CTRL+F” to quickly find statistics. There are total 176 Stock Music Statistics on this page 🙂

Stock Music Market Statistics

  • Films and Television are the largest contributor to the global market in 2020 in this segment and are very likely to continue the trend in the forecast period. [0]
  • As mentioned in previous research, the market is predicted to grow steadily with a CAGR of 7.412% until 2024. [1]
  • The global stock music market is expected to post a CAGR of almost 6% during the period 2019 2024, according to Technavio. [2]
  • The global fatty acid methyl ester market was valued at US$ 43,180.3 million in 2021, and is expected to exhibit a CAGR of 4.8% during the forecast period… [3]
  • stock music market is expected to grow at a CAGR of over 10% during the period 2020−2026. [4]
  • Key Highlights Offered in the Report The global stock music market would realize an absolute growth of 78% – a phenomenal leap of over USD 834 million revenue between 2020 and 2026. [4]
  • Track based stock music market accounted for a revenue share of over 77% in 2020, where it is expected to witness an incremental growth of approximately USD 647 million between 2020 and 2026. [4]
  • Growing demand for podcast and rise in audiobased user experience is expected to boost the market for the track based stock music market, growing at a CAGR of over 10% during forecast period. [4]
  • The US dominated the North American stock music market with over 91% in 2020 and is expected to grow at a CAGR of around 10%. [4]
  • The growing demand for improving movie experience is expected to boost the market for large business stock music, which is likely to grow at a CAGR of over 10% between 2020 and 2026. [4]
  • Online marketplaces like AudioJungle.net take 40% to 70% of each sale. [5]
  • The global stock music market by revenue is expected to grow at a CAGR of over 10% during 2020. [6]
  • The growing demand for improving movie experience is expected to boost the market for large business stock music, which is likely to grow at a CAGR of over 10% between 2020 and 2026. [6]
  • The global stock music market size to reach USD 2 billion by 2026, growing at a CAGR of over 10% during the period 2020. [7]
  • The soundeffect stock music market is expected to record an absolute growth of over 77% by 2026 due to the rise in video games and small. [7]
  • The growing demand for improving movie experience is expected to boost the market for large business stock music, which is likely to grow at a CAGR of over 10% between 2020 and 2026. [7]
  • The global stock music market is expected to grow at a CAGR of over 10% during the period 2020¬2026. [7]
  • The global stock music market by revenue is expected to grow at a CAGR of over 10% during 2020–2026. [7]
  • According to forecasts, Etsy’s revenue is projected to grow at a 67 percent CAGR between 2019 and 2021, making it one of the fastest growing online marketplaces worldwide. [8]
  • The global stock music market by revenue is expected to grow at a CAGR of over 10% during 2020–2026. [9]
  • The growing demand for improving movie experience is expected to boost the market for large business stock music, which is likely to grow at a CAGR of over 10% between 2020 and 2026. [9]
  • 86% of businesses use video as a marketing tool — up from 63% over the last three years. [10]
  • 87% of video marketers are satisfied with the ROI of their video marketing efforts on social media whereas 93% of marketers who use video say that it’s an important part of their marketing strategy . [10]
  • Video marketers get 66% more qualified leads per year. [10]
  • 17% of companies use live video as a part of their social marketing strategy . [10]
  • YouTube [88%] is the most popular platform among marketers for sharing videos, followed by Facebook [76%], LinkedIn [66%], and Instagram [65%] . [10]
  • 50% of marketers creating online video content for YouTube . [10]
  • 38% of marketers post video content on LinkedIn and. [10]
  • 12% of marketers use Snapchat as a channel and 50% claim success from using this platform . [10]
  • 54% of people want to see more video content from marketers . [10]
  • 63% of social media marketers believe that live video will become more important in the coming year . [10]
  • 89% of video marketers say video gives them a good ROI,. [10]
  • 83% of video marketers say video helps them with , and 87% of video marketers say video has lead generation 8. [10]
  • 80% of video marketers say video has directly helped increase sales and 95% of video marketers plan to increase or maintain video spend in 2020 . [10]
  • 71% of B2B marketers and 66% of B2C marketers use video marketing. [10]
  • (Wyzowl 12. 80% of marketers create videos that are 3 minutes or less. [10]
  • On average, marketers increase digital video budgets by 25% year on year . [10]
  • 41% of video marketers use webinar a channel – 83% claim success and 37% plan to keep using it as a part of their marketing strategy . [10]
  • 74% of video marketers claim success with using 360 degree videos . [10]
  • 66% of marketers planned to use video as a part of their marketing strategy in 2020. [10]
  • Video marketers get 66% more qualified leads per year . [10]
  • 48% of marketers who used video in their strategy for the first time said they started because they found it easier to convince others of its value through video. [10]
  • 18% of marketers that started using video as a part of their marketing strategy in 2019 did so because they felt clearer about the ROI on video. [10]
  • The percentage of marketers who say video is an important part of their strategy increased from 82% in 2017, 85% in 2018, and 91% in 2019 to 92% in 2020. [10]
  • The most common videos created by marketers are explainer videos [72%], presentation videos [49%], testimonial videos [48%], sales video [42%], and video ads [42%]. [10]
  • 46% of marketers who started using video in their marketing strategy did so because they believe that video is becoming more affordable and 46% of them also believe that it is easier to create videos in. [10]
  • 43% of marketers say that video marketing has reduced the number of support calls they received, an increase since 2015 at 30% . [10]
  • 13% of marketers who don’t use video as a part of their strategy is because they lack the time, 20% marketers say it is too expensive, and 17% marketers don’t know where to start. [10]
  • 93% of marketers who use video said that it is an important part of their strategy which is an increase from 92% in 2o2o and 91% in 2019. [10]
  • 91% of marketers feel that the pandemic has made video important for businesses and brands. [10]
  • 60% of video marketers say that they expect their 2024 to be affected. [10]
  • 70% of these video marketers say that they are expecting an increase in their budget whereas 30% say that it will be cut short . [10]
  • 96% of video marketers plan to maintain or increase their spends on video in 2024. [10]
  • 69% of marketers who haven’t used video as a part of their content strategy plan to incorporate it in 2024 . [10]

Stock Music Latest Statistics

  • Need customization Ask for a discount Stock Music Market Size And Forecast Stock Music Market size was valued at USD 1038.59 Million in 2020 and is projected to reach USD 2055.45 Million by 2028, growing at a CAGR of 8.93% from 2021 to 2028. [0]
  • Stock Music Market was valued at USD 1038.59 Million in 2020 and is projected to reach USD 2055.45 Million by 2028, growing at a CAGR of 8.93% from 2021 to 2028. [0]
  • as compared to the popular and classical music publishers, who own less than 50% of the copyright in a composition. [3]
  • 164.94 billion in 2021 and expected to exhibit a CAGR of 4.0% during the forecast period… About Us. [3]
  • SoundCloud generated $166 million revenue in 2019, a 53 percent increase yearon year and the second year SoundCloud hit over $100 million. [11]
  • Commission Fees– Sites like Audio Jungle may take 40% to 70% of each sale. [5]
  • Producing and selling stock music is not 100% free. [5]
  • Unlike popular and classical music publishers, who typically own less than 50 percent of the copyright in a composition, production music libraries own all of the copyrights of their music. [12]
  • Typically, a library will receive 50 percent of the performance income , with the composer receiving the remaining 50 percent. [12]
  • North America is expected to witness absolute growth of over 80% for the individual content creator segment from 2020 to 2026. [6]
  • 2020 2026 Exhibit 4 Recorded Music by Segment 2019 (% share). [6]
  • Exhibit 44 Stock Music Market Share of Key Geographies 2020 (% revenue share). [6]
  • Incremental Revenue Share of Key Countries 2020 (%share). [6]
  • Employees 1,148 ; 68% in US. [13]
  • Shutterstock revenue increased by 16.01% and net income by 28.03% in 2021 compared to 2020. [13]
  • Shutterstock’s revenue was$773.42 million in 2021, up 16 percent from $666.69 million in 2020. [13]
  • Shutterstock’s revenue increases 9.49 percent over time, with the largest increase in 2021 and the smallest in 2020. [13]
  • Shutterstock’s revenue has increased 56.46 percent since 2016 and is expected to double by 2024. [13]
  • Revenue demographics37% of revenue from the US, 33% from Europe, and 30% from the rest of the world. [13]
  • In 2021, the cost of revenue stacked up to$278 million, a 7% increase compared to $260 million in 2020. [13]
  • $341 million Net incomeShutterstock’s net income reached $92 million in 2021, up 28 percent from $72 million in 2020. [13]
  • Compared to 2017Shutterstock’s net income increased by 549% compared to 2017, from $17 million to $92 million. [13]
  • was$490 million in 2021, up 18.8% from 2020. [13]
  • Enterprise revenue was $283 million in 2021, up 11.4% from 2020. [13]
  • E commerce revenue accounts for 63% of total revenue. [13]
  • In 2018, e commerce revenue accounted for 58.98%. [13]
  • In 2021, subscriptions brought $317.50 million to Shutterstock, 41.05% of the total revenue. [13]
  • Demographics68% of employees are from the United States, 27% from Europe, and 5% from the rest of the world. [13]
  • By 2020, 64% of employees will be from the United States, 29% from Europe, and 7% from the rest of the world, indicating a trend toward centralization of all human capital in the United States. [13]
  • A CAGR OF 10% DURING 2020 2026 Stock Music Market Size, Share, Trends Analysis Report by Product ;. [7]
  • INSIGHTS BY GEOGRAPHY North America is expected to witness absolute growth of over 80% for the individual content creator segment from 2020 to 2026. [7]
  • In addition, according to the UK music survey, around 65% of music creator’s income was lost in 2020. [7]
  • only Free 10% or 3 days of customization Free post. [7]
  • Buy Now 5 User Licence Report accessible by 5 users within the organization Free 15% or 4.5 days of customization Free post. [7]
  • Free 20% or 6 days of customization Free post. [7]
  • only Free 15% or 32 hours of customization Free post. [7]
  • 80% of our reports are exclusive and first in the industry 100% more data and analysis. [7]
  • The day after the announcement, the company’s stock price plunged by over 35 percent, marking the largest single day drop ever in percentage terms. [8]
  • In April 2024, an online survey in the United States found that 17 percent of respondents said they had a very favorable impression of tech billionaire Elon Musk, whilst a quarter of respondents reported having a somewhat favorable impression of him. [8]
  • Overall, 11 percent had a very unfavorable view of Musk, and 14 percent had never heard of him. [8]
  • According to the source, approximately 614 thousand Ukrainians left for Russia. [8]
  • In 2021, Etsy, an e commerce website company specialized in craft and vintage items, generated revenues worth 2.3 billion U.S. dollars, up by roughly 35 percent from the previous year. [8]
  • New light vehicles were about 8.8 percent more expensive in 2021 than in 2020. [8]
  • However, if your company has more than 250 people, you’re going to need to contact Marmoset for a custom quote that will likely exceed $1,000, making this site a great option for small teams looking to make the most of their budget. [14]
  • Jamendo also has great bulk discounts, so if you’re shopping for tracks for multiple projects, you could save upwards of 30% by purchasing them all through Jamendo. [14]
  • North America is expected to witness absolute growth of over 80% for the individual content creator segment from 2020 to 2026. [9]
  • All companies based in France must pay a 20% tax per report. [9]
  • Libraries like AudioJungle and Pond5 charge the buyer the Sync Fee directly, take a commission for facilitating the transaction (usually between 40 60%). [15]
  • Pond5 gives artists a 50% commission, which is where I get most of my sync money from. [15]
  • In 2020, 96% of consumers increased their online video consumption, and 9 out of 10 viewers said that they wanted to see more videos from brands and businesses. [10]
  • In fact, as of 2024, an average person is predicted to spend 100 minutes per day watching online videos. [10]
  • By 2024, online videos will make up more than 82% of all consumer internet traffic — 15 times higher than it was in 2017. [10]
  • As of 2020, 83.3% of internet users in the US accessed digital video content . [10]
  • 78% of people watch online videos every week, and 55% view online videos every day. [10]
  • In fact, that 54% of consumers want to see more video content this year . [10]
  • Studies show that 54% of consumers want to see more video content from a brand or business they support . [10]
  • 72% of customers said they would rather learn about a product or service by way of video. [10]
  • In fact, 84% of people say they’ve been convinced to buy a product or service by watching a brand’s video. [10]
  • Viewers retain 95% of a message when they watch it in a video, compared to 10% when reading it in the text. [10]
  • Marketers who use video grow revenue 49% faster than non. [10]
  • (WordStream 9. 59% of executives agree that if both text and video are available on the same topic, they are more likely to choose video. [10]
  • In fact,92% of mobile video consumers share videos with others. [10]
  • Including a video on your landing page can boost your conversion rate by up to 80% . [10]
  • By 2024, 82% of the global internet traffic will come from streaming videos and downloads . [10]
  • 85% of the internet audience in the US watches videos online. [10]
  • Users spend 88% more time browsing on websites that have videos . [10]
  • Men spend 40% more time consuming online video content as compared to women . [10]
  • More than 75% of all videos are played on mobile devices . [10]
  • 75% of viewers prefer watching a video horizontally as compared to 25% who prefer watching it vertically. [10]
  • 87% of business related videos are still viewed on a desktop . [10]
  • 52% of viewers watch a video all the way through and only 25% finish watching a video if it’s 20 minutes or more. [10]
  • 92% of consumers watch videos with the sound off and 50% rely on captions making it imperative that you create videos that are optimized for silent viewing. [10]
  • The completion rate of interactive videos are 90% . [10]
  • Personalized videos are 35% more likely to retain viewers as compared to non personalized videos . [10]
  • 65% of viewers skip online video ads . [10]
  • Videos that are lesser than 90 seconds long have a 50% retention rate . [10]
  • Globally, half of all the videos that were produced last year (56%) were less than 2 minutes long . [10]
  • Only the top 5% of video retain 77% of viewers on average till the last second. [10]
  • Video posts on social media get 48% more views . [10]
  • 73% of people want to see “entertaining” videos on social media . [10]
  • 16% of social video viewers use vlogs to research products . [10]
  • 65% of viewers say that YouTube is their favourite channel for consuming video content . [10]
  • 62% of universal searches on Google include a video and 8 out of 10 of those video results come from YouTube . [10]
  • Daily live streams on YouTube grew by 45% in total in 2020. [10]
  • Globally, 40% of shoppers said that they purchased products that they had discovered on YouTube . [10]
  • In the year 2020, 15% of all content on Facebook was video content . [10]
  • Accounts with over 100,000 followers on Facebook have 71% of video content . [10]
  • Only 12% of video posts on Facebook are live streams. [10]
  • 49% of consumers engage with branded video content on Facebook – double than any other social platform . [10]
  • 85% of videos on Facebook are watched without sound . [10]
  • 80% of videos on LinkedIn are viewed with the sound off – which is why 70% of videos are designed for silent viewing are more likely to be watched till completion. [10]
  • 75% of them said it was successful. [10]
  • Instagram has seen an 80% increase in users spending time watching video on the platform since June 2017 . [10]
  • 60% of Instagram videos on Stories are watched with the sound on . [10]
  • Using stickers on Instagram Stories can increase viewership by 83% . [10]
  • 30% of Instagram users say that they have bought a product after discovering it on Instagram. [10]
  • 90% of Twitter video views come from mobile devices and 45% of Twitter users want to see more celebrity videos . [10]
  • Promoted tweets with videos save more than 50% on costper. [10]
  • Video Website Cards on Twitter videos give a 2x higher clickthrough rate as compared to standard video ads and boosts user retention by more than 60% . [10]
  • 68% of people use TikTok to watch someone else’s video and 55% of people upload their own video. [10]
  • Of them, 66% report having been successful . [10]
  • 64% of consumers purchase a product after watching social videos created by brands . [10]
  • 80% of users can recall a video ad they viewed in the past 30 days. [10]
  • 45% of consumers want to see more live videos from brands on their social media. [10]
  • Emails with the word ‘video’ in the subject are opened 7% more than emails without . [10]
  • 43% of businesses plan on using interactive video in the coming year. [10]
  • 14% of businesses have used 360 degree videos . [10]
  • 55% of consumers watch videos before making purchase decisions. [10]
  • (Wyzowl 30. 96% of people have watched an explainer video to better understand or learn about a product or service. [10]
  • 84% of people say that watching online videos of brands has convinced them to buy a product or service. [10]
  • 86% of people say they want to see more video content by brands in 2020. [10]
  • Of these, 36% prefer more educational and explainer videos. [10]
  • 35% of businesses are using intermediate or advanced analytics to track the performance of their videos . [10]
  • Sales teams that use videos in their emails get a 16% higher open rate and a 26% increase in replies . [10]
  • Saas companies that had a video in their proposal got a 41% higher closing rate . [10]
  • Companies that use advanced analytics to measure the performance of their videos are more likely to increase their video budgets this year . [10]
  • Event service companies whose proposals had a video also had a 103% higher closed rate . [10]
  • Businesses and organizations that create more than 51 videos in a year grew from 13% in 2019 to 46% in 2020 . [10]
  • Small and medium sized organizations (57% each) both rely majorly on internal resources when it comes to creating video content . [10]
  • Emails with videos in them improve the clickthrough. [10]
  • 96% of consumers say that the pandemic has increased the amount of video content they have consumed online . [10]
  • However, only 86% of businesses actually leverage video content for their brand. [10]

I know you want to use Stock Music Software, thus we made this list of best Stock Music Software. We also wrote about how to learn Stock Music Software and how to install Stock Music Software. Recently we wrote how to uninstall Stock Music Software for newbie users. Don’t forgot to check latest Stock Music statistics of 2024.

Reference

  1. verifiedmarketresearch – https://www.verifiedmarketresearch.com/product/stock-music-market/.
  2. askwonder – https://askwonder.com/research/market-size-stock-music-market-size-47n4cbq59.
  3. businesswire – https://www.businesswire.com/news/home/20190618005528/en/Global-Stock-Music-Market-2019-2024-6-CAGR-Projection-Over-the-Next-Five-Years-Technavio.
  4. globenewswire – https://www.globenewswire.com/news-release/2021/08/10/2278075/0/en/Global-Stock-Music-Market-is-estimated-to-account-for-US-2-137-5-Mn-by-end-of-2028-Says-Coherent-Market-Insights-CMI.html.
  5. prnewswire – https://www.prnewswire.com/news-releases/stock-music-market-size-to-reach-revenues-of-around-usd-2-billion-by-2026–arizton-301248395.html.
  6. hiphopmakers – https://hiphopmakers.com/sell-background-music-and-stock-music.
  7. researchandmarkets – https://www.researchandmarkets.com/reports/5306534/stock-music-market-global-outlook-and-forecast.
  8. arizton – https://www.arizton.com/market-reports/stock-music-market-analysis-size-share-2024.
  9. statista – https://www.statista.com/.
  10. reportlinker – https://www.reportlinker.com/p05806363/Stock-Music-Market-Global-Outlook-and-Forecast.html.
  11. invideo – https://invideo.io/blog/video-marketing-statistics/.
  12. businessofapps – https://www.businessofapps.com/data/soundcloud-statistics/.
  13. wikipedia – https://en.wikipedia.org/wiki/Production_music.
  14. photutorial – https://photutorial.com/shutterstock-statistics/.
  15. wyzowl – https://www.wyzowl.com/stock-music-royalty-free-music-custom-music/.
  16. sidehustlenation – https://www.sidehustlenation.com/music-licensing/.

How Useful is Stock Music

One of the biggest advantages of stock music is its convenience. With countless websites offering a wide range of tracks in various genres, it’s easy to find the perfect music for any type of project. Whether you’re looking for a relaxing instrumental piece or an upbeat electronic track, stock music libraries have it all. This convenience can save content creators a significant amount of time and money, as they can quickly license a track that fits their needs without the hassle of hiring a composer or musician.

Stock music also offers a level of consistency and reliability that may be missing when working with independent musicians. These libraries ensure that the music is properly licensed, which can save content creators from legal issues down the line. Additionally, the quality of stock music has improved significantly in recent years, with many tracks rivaling those produced by professional musicians.

Another benefit of stock music is the wide variety of tracks available. Whether you’re creating a promotional video for a corporate client or a playful vlog for your YouTube channel, there is likely a stock music track that fits the tone and style of your project. This diversity allows content creators to experiment with different types of music and find the perfect match for their content.

However, it’s important to recognize that stock music does have its limitations. One of the biggest drawbacks is the lack of originality. Since stock music is available to anyone who pays for a license, there is a risk that the same tracks may be used in multiple projects, leading to a sense of uniformity in the music used in various videos or films. This can make it challenging for content creators to stand out and create a unique identity for their work.

Additionally, some content creators may find it difficult to find a track that perfectly aligns with their vision. While stock music libraries offer a wide range of tracks, there may be instances where none quite meet the specific needs of a project. This can lead to a compromise in the quality of the final product, as content creators settle for a track that is close enough but not perfect.

In conclusion, stock music can be a valuable tool for content creators looking to enhance their projects with high-quality music at an affordable price. Its convenience, reliability, and diversity make it a popular choice for many, offering a quick and easy solution for finding the perfect track for any project. However, it’s essential for content creators to be mindful of the limitations of stock music, such as the lack of originality and potential difficulties in finding the perfect track. By weighing the pros and cons, content creators can make an informed decision on whether stock music is the right choice for their next project.

In Conclusion

Be it Stock Music benefits statistics, Stock Music usage statistics, Stock Music productivity statistics, Stock Music adoption statistics, Stock Music roi statistics, Stock Music market statistics, statistics on use of Stock Music, Stock Music analytics statistics, statistics of companies that use Stock Music, statistics small businesses using Stock Music, top Stock Music systems usa statistics, Stock Music software market statistics, statistics dissatisfied with Stock Music, statistics of businesses using Stock Music, Stock Music key statistics, Stock Music systems statistics, nonprofit Stock Music statistics, Stock Music failure statistics, top Stock Music statistics, best Stock Music statistics, Stock Music statistics small business, Stock Music statistics 2024, Stock Music statistics 2021, Stock Music statistics 2024 you will find all from this page. 🙂

We tried our best to provide all the Stock Music statistics on this page. Please comment below and share your opinion if we missed any Stock Music statistics.




Leave a Comment