Middle East & Africa Generative Ai In Music Market Size & Outlook
The generative ai in music market in Middle East & Africa is expected to reach a projected revenue of US$ 157.4 million by 2030. A compound annual growth rate of 22.1% is expected of Middle East & Africa generative ai in music market from 2025 to 2030.
Revenue, 2024 (US$M)
$46.6
Forecast, 2030 (US$M)
$157.4
CAGR, 2025 - 2030
22.1%
Report Coverage
Middle East & Africa
MEA generative ai in music market highlights
- The MEA generative ai in music market generated a revenue of USD 46.6 million in 2024.
- The market is expected to grow at a CAGR of 22.1% from 2025 to 2030.
- In terms of segment, software was the largest revenue generating component in 2024.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2024 | USD 46.6 million |
| Market revenue in 2030 | USD 157.4 million |
| Growth rate | 22.1% (CAGR from 2025 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software |
| Key market players worldwide | Aiva Technologies, Boomy, Alphabet Inc Class A, International Business Machines Corp, LANDR, Meta Platforms Inc Class A, Microsoft Corp, OpenAI, Stability AI |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.2% of the global generative ai in music market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 678.2 million by 2030.
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Generative AI in Music Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Stability AI | View profile | 101-250 | London, England, United Kingdom, Europe | https://stability.ai |
| LANDR | View profile | 51-100 | Montréal, Quebec, Canada, North America | https://www.landr.com |
| Boomy | View profile | 11-50 | Berkeley, California, United States, North America | https://boomy.com |
| Aiva Technologies | View profile | 1-10 | Luxembourg, Luxembourg, Luxembourg, Europe | http://www.aiva.ai/ |
| OpenAI | View profile | 501-1000 | San Francisco, California, United States, North America | https://www.openai.com |
| Meta Platforms Inc Class A | View profile | 69329 | 1 Meta Way, Menlo Park, CA, United States, 94025 | https://about.meta.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
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