What is the AI in Music Composition ?

The AI in Music Composition involves the use of artificial intelligence technologies to assist in the creation of music, including composition, arrangement, and production, across various applications such as media, entertainment, and advertising.

How big is the AI in Music Composition Market?

The AI in Music Composition Market is valued at $370 million and is projected to reach $4,038.7 million by 2033, growing at a Compound Annual Growth Rate (CAGR) of 27.0%.

What are the key factors driving the growth of the AI in Music Composition Market?

The growth is driven by the increasing use of AI for music creation, the rise of independent artists leveraging AI tools, advancements in AI music technologies, and the demand for AI-composed music in media and entertainment.

What are the current trends and advancements in the AI in Music Composition Market?

Trends include the development of AI-powered music production tools, the use of transformer-based models for music composition, and the integration of AI with traditional music production workflows.

What are the major challenges and opportunities in the AI in Music Composition Market?

Challenges include copyright and intellectual property concerns, the need for high-quality AI-generated music, and the complexity of AI integration in traditional music production. Opportunities lie in expanding AI applications to new music genres, improving AI algorithms for better music composition, and developing AI tools for independent artists.

Who are the leading players in the AI in Music Composition Market?

Leading players include Amper Music, AIVA Technologies, Jukedeck (Acquired by ByteDance), OpenAI, IBM Watson Beat, Humtap, Amadeus Code, Google Magenta, LANDR, Endlesss, Melodrive, Alysia (formerly WaveAI), and other key players.

Global AI in Music Composition Market Report By Component (Services, Software), By Deployment Mode (Cloud-based, On-premises), By Technology (AR-CNNS, Transformer-based Models, GANs), By End-User (Music Production Companies, Independent Artists, Media and Entertainment Industry, Advertising Agencies, Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

Published date: August 2024
Report ID: 125821
Number of Pages: 393
Format:

- Amper Music
- AIVA Technologies
- Jukedeck (Acquired by ByteDance)
- OpenAI
- IBM Watson Beat
- Humtap
- Amadeus Code
- Google Magenta
- LANDR
- Endlesss
- Melodrive
- Alysia (formerly WaveAI)
- Other Key Players
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Report ID 125821
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