1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Music Production Software Market share research by applications and regions for 2018-2024: Global Market Insights Inc.

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  North America holds a significant share of global music production software market due to the increasing popularity of paid streaming services and various government initiatives to aid the music industry. For instance, CIMA (Canadian Independent Music Association) advocates policies and initiatives, such as Canada Stand, Canada House, and CIMA Music Mission, to promote Canadian music in international markets to ensure the long-term development of the sector.music production software market  Asia Pacific music production market growth is fueled by the emergence of the digital landscape and the constantly-improving internet connectivity. The increasing usage of Big Data by music streaming service providers leads to more informed and effective advertising messages. Moreover, the growing number of regional players, such as KKBox, JOOX, and Yonder, continue to fetch a large market share of the online music industry. In contrast, low average subscription revenue and prevalence of low-end smartphones among mass-market consumers will hamper the market growth in a few countries. Regional Analysis of Music Production Software Market :

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The end-users of music production software include professional and casual users. Professional users will account for the major market share during the forecast period due to the availability of the software at various affordable price ranges. Casual users use this software for learning, analyzing, editing, and broadcasting music.  Music Production Software Market size is set to grow at a significant rate during the forecast period owing to growing adoption of digital music software and the ease with which the software can be downloaded. The availability of several online tutorial sites and reference articles will help professional musicians as well as music enthusiasts to learn music in a hassle- free manner. Social media platforms, such as Twitter and Facebook, allow artists to gather data regarding their audience so that they can engage with them at a personal level. In addition to this, the availability of music production software that is compatible with devices such as smartphones, laptops, and tablets are expected to drive the music production software market growth during the forecast period. Application Analysis of Music Production Software Market :

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5. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Market research reports: Key analytical components

6. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Some of the prominent vendors in the global music production software market include Ableton, Cakewalk, Steinberg Media, PreSonus Audio, Apple, FL Studio, Cockos, Avid Technology, MOTU, and Propellerhead Software. To attain a competitive advantage over the other players, these players are focusing on new product development strategy. For instance, in March 2018, Tracktion launched a new recording software Waveform 9, with improved Digital Audio Workstation (DAW) to inspire the artist’s creativity. It also offers multi-sampler tools to dissect the beats and 24 track drum loop construction kits for workflow enhancements. Similarly, in March 2017, KORG, Inc. launched new music production software gadgets, Lisbon, Vancouver, and DOTEC-AUDIO DeeMax for Mac. These gadgets allow more detailed editing, provide a high degree of platform interoperability, and simplify the music production process. Such consistent product development and commercializing initiatives are expected to accelerate the market growth during the forecast timeline. Competitive Market Share of Music Production Software Market:

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