This industry comprises (1) groups primarily engaged in producing live musical entertainment (except theatrical musical or opera productions) and (2) independent (i.e., freelance) artists primarily engaged in providing live musical entertainment. Musical groups and artists may perform in front of a live audience or in a studio, and may or may not operate their own facilities for staging their shows.
The Musical Groups and Artists industry (NAICS 71113) has seen significant qualitative trends shaped by emerging technologies, evolving consumer behaviors, and market disruptions. One notable trend is the rise of digital and streaming platforms as the primary revenue source, surpassing traditional physical sales and live performances. Artists are increasingly leveraging social media and digital channels to build global fan bases and engage directly with audiences through live-streamed performances, virtual concerts, and exclusive online content.
There is also a growing focus on independent music production, with many artists choosing to self-publish and distribute their work, facilitated by accessible online distribution networks. This trend is democratizing the industry, allowing a wider range of artists to succeed without traditional label backing. Additionally, there is an increasing emphasis on personalized and immersive experiences, such as augmented reality (AR) and virtual reality (VR) concerts, which are expected to gain traction in the near future as technology advances and becomes more affordable.
Looking forward, the industry is likely to see continued growth in digital and streaming services, with potential expansions into emerging markets where internet access is proliferating. Artists may increasingly explore diversified revenue streams, including brand partnerships, merchandise sales, and fan subscription models such as Patreon. The integration of blockchain technology and non-fungible tokens (NFTs) is also being explored for enhancing fan engagement and offering new monetization avenues. These evolving dynamics reflect a vibrant and adaptive industry poised for further innovation in the digital age.
Bands
Bands, dance
Bands, musical
Chamber musical groups
Chamber orchestras
Choirs
Classical musical artists, independent
Classical musical groups
Concert artists, independent
Country musical artists, independent
Country musical groups
Dance bands
Drum and bugle corps (i.e., drill teams)
Ensembles, musical
Jazz musical artists, independent
Jazz musical groups
Musical artists, independent
Musical groups (except musical theater groups)
Musical productions (except musical theater productions), live
Musicians, independent
Opera singers, independent
Orchestras
Popular musical artists, independent
Popular musical groups
Rock musical artists, independent
Rock musical groups
Singers, independent
Soloists, independent musical
Symphony orchestras
Vocalists, independent
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