Global music production software market to grow 9.01% between 2017-2021 – report

An increasing number of people wanting to be DJs and a decline in people wanting to learn music is driving growth in the music production software market.

That’s according to a new report, called the "Global Music Production Software Market 2017-2021"

The market is set to grow at a CAGR (compound annual growth rate) of 9.01% between the years of 2017-2021.

One of the key drivers of this growth is the increased use of software by DJs for song mixing.

"These software are compatible with the hardware of a number of DJ consoles belonging to different brands," stated the report. "These allow easy plug and play options by importing songs from a local device. Therefore, with the growing number of DJs across the globe, the adoption of music production software is likely to grow during the forecast period."