Video Game Music Market Size, Trends, Forecast, 2033

Overview

• Market Size: Expected to grow from USD 1.64 billion in 2024 to USD 3.21 billion by 2033.
• Growth Rate: CAGR of 7.7% during 2025-2033.

Market Drivers

• Popularity of Mobile Gaming: Accounts for 52% of global market in 2021, driven by smartphone and tablet availability and casual gaming.
• Impact of COVID-19: Surge in demand as people seek entertainment at home.
• Rise of Indie Games and Music Streaming Services: Increasing demand for original, creative music and accessibility to game music.
• Virtual and Augmented Reality (VR/AR): Growing use requiring innovative music compositions.

Market Restraints

• Production Costs: High costs can be a barrier for indie developers.
• Copyright Issues: Lack of protection discourages composers.
• Shortage of Skilled Composers: Makes it difficult to find the right talent.
• Competition: From other music forms like streaming services and movies.

Trends

• Orchestral and Electronic Music: Used for creating grand, varied atmospheres in games.
• Vocal Music: Enhances emotional connection.
• Music Streaming Services: Allow on-demand listening.
• VR and AR Opportunities: Require immersive and innovative music.

Segmentation

By Type

• In-game Music
• Out-of-game Music

By Application

• Computer Games
• Mobile Games
• Console Games
• Others

Regional Insights

• North America: Largest market with 35% share, home to major developers like EA, Activision, and Ubisoft.

Key Industry Players

• Nobuo Uematsu
• Koji Kondo
• Austin Wintory
• Jeremy Soule
• Inon Zur

Top Companies

• Dynamedion (Germany)
• Hexany Audio (France)
• Moonwalk Audio (U.S.)
• Universalmusic (U.S.)
• Somatone (Finland)
• Others

Report Coverage

• SWOT Analysis: Highlights strengths, weaknesses, opportunities, and threats.
• Market Segmentation Data: Provides insights into different market categories.
• Regional Analysis: Covers supply and demand forces.
• Competitive Landscape: Details on market shares and strategies of key players.