Traditional Music Market size is projected to reach USD 30.49 billion by 2028
Traditional Music Industry Overview The global traditional music market size was valued at USD 11.86 billion in 2021 and expected to expand at a CAGR of 14.4% from 2022 to 2028. The growing music industry across the globe is due to it being a form of entertainment that everyone listens and enjoys, thereby accelerating the market growth. Moreover, the rising popularity of live music events and the existence of a large number of music artists & sponsors across the globe is expected to boost the market growth in the forecast period. In addition to this, the increase in spending on leisure activities will further boost the growth of live music events market over the upcoming years. Also, the growing urbanization and rising disposable income of people across the globe are anticipated to propel market growth over the upcoming years. Gather more insights about the market drivers, restrains and growth of the Global Traditional Music Market The growth in mu...