Product Code: ETC211720 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Indonesia music publishing market is a vibrant and growing industry. It has seen rapid growth in recent years, with an increasing number of artists and labels signing up to digital distribution services such as iTunes and Spotify. The country also boasts one of the most fertile markets for new songwriters, composers, producers, and performers in Southeast Asia.
Streaming platforms are increasingly becoming popular in Indonesia due to their convenience in providing access to music from all over the world. Music streaming revenues now account for the majority of total revenue within the Indonesia music publishing market. Additionally, there has been an increase in demand for audio-visual content that incorporates various musical genres alongside visual elements such as videos or animations. This trend is being driven by both increased consumer demand and advancements in technology which make it easier to produce high quality audio-visual content at low cost levels.
The main driver behind Indonesia music publishing market is its rapidly growing economy which creates more disposable income available for entertainment related expenditures such as buying music downloads or watching concerts/music shows online/offline etc.. Furthermore, investments into artist promotion campaigns have allowed established musicians to expand their fan base while simultaneously introducing new talent into public awareness through live performance events held around large cities like Jakarta, Bali etc? Lastly technological advances have helped make it much simpler for independent musicians to record their own songs without having access expensive recording studios or equipment thus allowing them to focus on creating innovative material worthy of commercial success instead of worrying about production costs associated with traditional methods of release formats (CDs & Vinyl).
Due to COVID-19 pandemic restrictions most live performances across Indonesia were cancelled or postponed leading many musicians unable able tour perform during this period thus causing a drop in revenue streams they would normally generate from these activities along with merchandise sales linked thereto. Moreover physical retail outlets selling CDs & Vinyl were temporarily shut down reducing potential income sources generated via sale products physically distributed.
There are several challenges facing Indonesia Music Publishing Market including piracy which continues be prevalent throughout nation despite government crackdown attempts copyright infringements made possible by availability sharing sites & peer networks operating illegally reduce legitimate artist revenues. Other issues include lack infrastructure supporting necessary payment systems help monetize streams royalties earned ecommerce websites , legal hurdles obtaining licenses needed play certain sound recordings within public spaces radio stations tv channels internet streaming.
The Indonesia music publishing market is highly competitive, with several major players in the industry. These include Sony/ATV Music Publishing, Crown Media International, PT EMI Music Indonesia (a subsidiary of Universal Music), Bali Hati Records, Yusuf & Brothers Musikindo, and RMX Group. Sony/ATV has been one of the most successful music publishing companies in Indonesia since its inception in 1996. The company holds a significant share of the market due to its focus on local content as well as international repertoire. Other key players such as Crown Media International also focus on acquiring rights for both foreign and domestic catalogs across multiple platforms like radio and streaming services. They have acquired many copyrights from various artists such as Agnes Monica, Bon Jovi, Maroon 5 etc., enabling them to become a leading player in this field.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Music Publishing Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Music Publishing Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Music Publishing Market - Industry Life Cycle |
3.4 Indonesia Music Publishing Market - Porter's Five Forces |
3.5 Indonesia Music Publishing Market Revenues & Volume Share, By By Royalties, 2021 & 2031F |
4 Indonesia Music Publishing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Music Publishing Market Trends |
6 Indonesia Music Publishing Market, By Types |
6.1 Indonesia Music Publishing Market, By By Royalties |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Music Publishing Market Revenues & Volume, By By Royalties, 2021-2031F |
6.1.3 Indonesia Music Publishing Market Revenues & Volume, By Performance, 2021-2031F |
6.1.4 Indonesia Music Publishing Market Revenues & Volume, By Synchronization, 2021-2031F |
6.1.5 Indonesia Music Publishing Market Revenues & Volume, By Digital Revenue, 2021-2031F |
6.1.6 Indonesia Music Publishing Market Revenues & Volume, By Physical Revenue, 2021-2031F |
7 Indonesia Music Publishing Market Import-Export Trade Statistics |
7.1 Indonesia Music Publishing Market Export to Major Countries |
7.2 Indonesia Music Publishing Market Imports from Major Countries |
8 Indonesia Music Publishing Market Key Performance Indicators |
9 Indonesia Music Publishing Market - Opportunity Assessment |
9.1 Indonesia Music Publishing Market Opportunity Assessment, By By Royalties, 2021 & 2031F |
10 Indonesia Music Publishing Market - Competitive Landscape |
10.1 Indonesia Music Publishing Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Music Publishing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |