In recent years, the shifting tides of the music industry have rippled into the Audio Production Studios industry, but the preestablished need for the services that industry operators provide has protected producers from much of the structural reshaping that has occurred throughout other media licensing and distribution industries. Over the five years to 2020, the industry is expected to continue growing. Revenue growth will be driven by an increase in demand from record labels, television producers and advertisers; continued expected growth in several key economic variables will enable entertainment industries to take advantage of higher levels of consumer disposable income, which contributes to the need for the Audio Production Studios industry.
Establishments in this industry provide facilities and technical expertise for sound recording in a studio. Industry firms provide audio production or postproduction services for producing master recordings and may provide audio services for film, television and video productions. After the recording has taken place, studios often perform postproduction services to fine-tune music recordings.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.