Industry Analysis & Industry Trends
The Audio Production Studios industry is entering into the decline phase of its life cycle as studios struggle to adapt to the new digital marketplace. Revenue is forecast to decline over the next five years as key downstream markets struggle to maintain growth in the face of digital music sharing and as TV, film and advertising industries take more of their sound recording operations inhouse. However, the decline will be slightly mitigated by improved advertising budgets... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Audio Production Studios industry carries a low level of market share concentration. The adverse conditions facing the industry over the past five years caused firms to downsize substantially or fold altogether, leading to even less concentration. The industry has historically been comprised primarily of small companies, but over the five years to 2012, there has been a significant shift away from large studios.
The four largest companies in the industry accounted for less than 10.0% of revenue, and only 0.3% of all establishments, indicating the widespread nature of the industry. The preeminence of these groups is expected to fall over the five years to 2017... purchase to read more