Online Music Learning Market Size, Share, Industry Analysis, Growth, 2032

Online Music Learning Industry Prospective:

The global online music learning market size was evaluated at $12 billion in 2023 and is slated to hit $62 billion by the end of 2032 with a CAGR of nearly 17% between 2024 and 2032.

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Online Music Learning Market: Overview

Online music learning includes a range of online services that augment the acquisition of musical skills with the help of the web. In addition to this, online learning conditions are varied and collaborative as they help the students in engaging with their mentor and other learners across the globe. Moreover, the growing acceptance of remote learning in music education has popularized the tools of online music learning. Moreover, online music learning courses provide cost-effective alternatives in comparison to in-person instructors. Apart from this, online learning of music also saves traveling time and costs, thereby further increasing its acceptance among the young and elderly population across the globe.

Key Insights

• As per the analysis shared by our research analyst, the global online music learning market is projected to expand annually at the annual growth rate of around 17% over the forecast timespan (2024-2032) 
• In terms of revenue, the global online music learning market size was evaluated at nearly $12 billion in 2023 and is expected to reach $62 billion by 2032. 
• The global online music learning market is anticipated to grow rapidly over the forecast timeline owing to interactive learning conditions, accessibility, a spectrum of course offerings, and the need for skill development through online channel networks. 
• In terms of instrument type, the piano segment is slated to register the highest CAGR over the forecast period. 
• Based on session type, the group segment is predicted to contribute majorly towards the global industry size in the upcoming years. 
• Region-wise, the Asia-Pacific online music learning industry is projected to register the fastest CAGR during the forecast timespan.

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Online Music Learning Market: Growth Factors

Massive popularity of online learning among youth will prompt global market expansion by 2032

The growth of the global online music learning market can be attributed to interactive learning conditions, accessibility, spectrum of course offerings, and the need for skill development through online channel networks. Furthermore, technological breakthroughs and the need for gaining new learning experiences are likely to provide impetus to the expansion of the market globally. In addition to this, online learning of music helps students in staying involved and breakthroughs in the musical journeys that provide a slew of alternatives for online education through new musical course offerings and dynamic contents will drive the global market trends.

Online Music Learning Market: Restraints

Growing concerns about data breaches can restrict the expansion of the global industry over 2024-2032

Data security concerns and issues regarding the privacy of online music learning software tools can pose a huge threat to the expansion of the global online music learning industry. A rise in cyber-attacks and a lack of protective measures has led to an increase in data thefts, thereby further putting brakes on the global industry expansion.

Online Music Learning Market: Opportunities

Technological breakthroughs are likely to define the expansion of the global market in the forecast timeline

Escalating acceptance of smart devices and connected things in the music domain is likely to open facets of new growth avenues for the global online music learning market. Furthermore, onset of new technologies such as AI, AR, and VR and the paradigm shift witnessed in the technology domain will shape the growth of the market across the globe.

Online Music Learning Market: Challenges

Growing inclination towards physical mode of attending music glasses is a big challenge for the global industry growth

Low awareness about online music learning activities in the emerging economies of Africa, Latin America, and Asia is likely to pose a huge challenge to the global online music learning industry growth. Furthermore, the growing preference for offline learning of music imparted by educational institutes and universities can further arrest the scope of the growth of the global industry.  

Online Music Learning Market: Segmentation

The global online music learning market is divided into instrument type, session type, and region.                                          

In instrument type terms, the online music learning market across the globe is bifurcated into violin, guitar, banjo, and piano segments. Additionally, the piano segment, which gathered nearly 65% of the global market earnings in 2023, is anticipated to register the highest gains in the forecast timeline. The expansion of the segment in the next couple of years can be due to the growing popularity of piano among youth and children. Moreover, a learner can easily learn or adapt to the piano. Reportedly, piano enhances the retention of memory, increase hand coordination, and creates strong focus and diligence in individuals.   

Based on the session type, the global online music learning industry is divided into solo and group segments. Furthermore, the group segment, which accumulated approximately 60% of the global industry share in 2023, is predicted to make lucrative contributions towards the global industry earnings in the coming eight years. The segmental expansion in the ensuing years can be attributed to a rise in the number of group learners during a session. In addition to this, group sessions are interactive and fun-loving as it help the learners interact more with the teachers online.

Online Music Learning Market: Report Scope

Online Music Learning Market: Regional Insights

North America is expected to maintain its leadership status in the global market in the next couple of years

North America, which contributed approximately 58% of the global online music learning market size in 2023, is expected to maintain dominance in the global market in the upcoming years. In addition to this, the regional market expansion in the next few years can be due to an increase in government expenditure on online music learning tools for end-users. Moreover, the presence of key players in countries such as the U.S. will steer the expansion of the market in the region.    

Asia-Pacific online music learning industry is projected to record the fastest rate of growth in the forecast timeline. The rapid growth of the industry in the region can be owing to a surge in the web users in the countries such as India, Japan, Indonesia, Taiwan, South Korea, and China. In addition to this, a surge in the acceptance of smart equipment will prop up the expansion of the industry in the region.    

Key Developments

• In the first quarter of 2024, Saregama India Limited, an Indian-based online music company, launched Padhanisa, an AI-based music learning application offering personalized music experience through question & answer sessions and master classes to online music learners. 
• In March 2024, Spotify Inc., the music streaming tool, introduced streaming of educational video courses in the UK.      

Online Music Learning Market: Competitive Space

The global online music learning market profiles key players such as:

• MusicGurus
• Berklee College of Music
• Lessonface
• Skoove
• Musitechnic
• The Julliard School
• Coursera
• Udemy
• AAFT School
• Moosiko.

The global online music learning market is segmented as follows:

By Instrument Type

• Violin
• Guitar
• Banjo
• Piano

By Application

• Solo
•  Group

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa