The global stock music market, valued at USD 1.45 billion in 2024, is expected to reach USD 2.40 billion by 2030, growing at a CAGR of 8.76%. Despite impacts from US-China trade tensions, the sector remains resilient with evolving trends. Key drivers include AI-enhanced music creation, subscription models, and demand for culturally authentic soundscapes. North America leads with a 50% market share, while Asia-Pacific is the fastest-growing region. Major platforms like Shutterstock and Epidemic Sound compete in a diverse landscape shaped by AI tools and subscription services, meeting the needs of SMEs and independent creators. The global stock music market, valued at USD 1.45 billion in 2024, is expected to reach USD 2.40 billion by 2030, growing at a CAGR of 8.76%. Despite impacts from US-China trade tensions, the sector remains resilient with evolving trends. Key drivers include AI-enhanced music creation, subscription models, and demand for culturally authentic soundscapes. North America leads with a 50% market share, while Asia-Pacific is the fastest-growing region. Major platforms like Shutterstock and Epidemic Sound compete in a diverse landscape shaped by AI tools and subscription services, meeting the needs of SMEs and independent creators.
Wadi Jeddah, the investment arm of King Abdulaziz University has announced a strategic partnership with EVS Saudi Arabia 2026 (2nd Edition), the Kingdom’s leading platform dedicated to electric mobility and sustainable transport. As part of this partnership, EVINEX (Electric Vehicles Innovation Next Generation) has been appointed as the National Challenge Partner for the upcoming edition [...]
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At the 135th Annual Convocation of the University of the Punjab held on Saturday, Vice Chancellor Prof.
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