Major Label Music Production - 2023 U.S. Market Research Report with Updated COVID-19 & Potential Recession Forecasts

Major Label Music Production - 2023 U.S. Market Research Report with Updated COVID-19 & Potential Recession Forecasts
The 78-page 2023 Major Label Music Production Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100+ data sets covering 2014-2027.

This Kentley Insights report is full of industry insights including historical and forecasted market size, revenue and industry breakdowns by product lines, size of company, concentration segmentation, business structure, customer type, state and MSA, profitability, financial ratios, balance sheet benchmarks, BCG matrix, extensive statistics by state and MSA, operating expense details, workforce composition, industry consolidation analysis, sector benchmarks, employee productivity, price inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on numerous industry statistics including companies, locations, employees, pay, and much more.

The Major Label Music Production industry includes companies primarily engaged in releasing, promoting, and distributing sound recordings. These companies manufacture or arrange for the manufacture of recordings, such as audiotapes/cassettes and compact discs, and promote and distribute these products to wholesalers, retailers, or directly to the public. Companies in this industry produce master recordings themselves, or obtain reproduction and distribution rights to master recordings produced by record production companies or other integrated record companies.

This report was developed utilizing the results from extensive business surveys and econometrics. Professionals utilize this report for market sizing, industry analysis, benchmarking, forecasting, strategic planning, market analysis, due diligence, valuation, sales & marketing strategy, operational streamlining, organizational strategy, evaluating opportunities, and many other analyses.

Review the 78-page table of contents or download a sample report to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.

Below are a few of the hundreds of stats from the report:

INDUSTRY SIZE

In 2022, industry sales were $13.5 billion
Purchase now for historicals (2014-2022) and forecasts for 2023 and the next 5 years

INDUSTRY GROWTH

Over the past 3 years, the industry has grown at an annual rate of 12.1%
The report has historical, annual and forecasted growth rates

COMPANY GROWTH

There are 732 companies in the industry
Learn more about the historical and forecasted industry composition

SALES PER COMPANY

In 2022, the average sales per company was $18.5 million
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INFLATION & PRICING

2021 inflation was 0.9%
The report has historicals (2014-2022), 4 years of monthly figures, and 2023 & 5-year forecast

PROFITABILITY

For unprofitable companies, the average net loss is -5.2%
The report has more on market and profitability dynamics

RIGHTSIZING ANALYSIS

Employee productivity is $1,358,304
Learn more about historical and forecasted employee productivity

EXPENSE BENCHMARKING

2.2% of expenses is spent on health insurance
Benchmark against 24 other expense categories

OPERATING EXPENSES

In 2022, industry operating expenses grew 13.5%
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PAYROLL

In 2022, payroll per employee was $156,993
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PAYROLL BY STATE

California averages $126,813 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS

14.1% of employees in the industry are in management positions
Benchmark against 25 other job categories

JOB CATEGORIZATION PAY RANGES

The average industry hourly pay for office and administrative jobs is $22.19
Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay ranges in 26 job categories

The above stats represent a small fraction of what you will find in this report.

Purchase the 2023 Major Label Music Production Market Research Report now to unlock the insight from one of the most trusted research firms.NAICS code:512220