By 2028, AI is expected to generate about 30% of all music content.

Market Growth

The AI music production software market is expected to grow at a compound annual growth rate (CAGR) of 27% from 2023 to 2028.

Generative AI Impact

The generative AI music market is projected to reach $3 billion by 2028.

Adoption Rates

About 35% of music creators have already incorporated some form of AI in their work, with higher adoption rates among younger creators.

Economic Potential

By 2025, the revenue from all AI related music applications is projected to exceed $6 billion.