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There are xx businesses in the Musical Groups & Artists industry in the US, which is expected to grow at xx% over the next five years. Musicians, recording artists and songwriters create and perform music professionally, both in front of live audiences and in recording studios. Musicians earn revenue from songwriting, producing or recording, but they primarily operate as performers. This industry excludes musical theater and opera performers, as well as other professions involved in creating records, like sound engineers.
Curious about what drives these trends? IBISWorld's Musical Groups & Artists in the US industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
The Musical Groups & Artists in the US Industry Report is available in multiple formats to fit seamlessly into your workflow.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Major Label Music Production in the US |
|
XX% | XX% | $XX |
| Celebrity & Sports Agents in the US |
|
XX% | XX% | $XX |
| Performers & Creative Artists in the US |
|
XX% | XX% | $XX |
| Concert & Event Promotion in the US |
|
XX% | XX% | $XX |
| Concert & Event Promotion in Canada |
|
XX% | XX% | $XX |
| Performing Arts Venues in Australia |
|
XX% | XX% | $XX |
| Performing Arts Operation in New Zealand |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 5,910 Musical Groups & Artists in the US businesses as of 2026, an increase of 1.7% from 2025.
The number of Musical Groups & Artists in the US businesses has grown 2.5% per year on average over the five years between 2021 and 2026.
See our full analysis of the Musical Groups & Artists in the US to understand if the mumber of bussinesses is expected to grow or decline over the next five years.