Industry Statistics and Rankings
How does this industry perform in Serbia compared to Europe?
Country Benchmarking
Industry Data Serbia
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#27 In EuropeBusiness
#30 In EuropeEmployees
#28 In EuropeWages
#27 In EuropeThe Sound Recording & Music Publishing in Serbia ranks 27 in Europe with regards to its 2024 revenue (€14.0m). Revenue received by operators in Serbia has been moderate in volatility over the past five-year period, with the average annual change in revenue (7.2 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Sound Recording & Music Publishing industry in Serbia in 2024?
The market size of the Sound Recording & Music Publishing industry in Serbia is €14.0m in 2024.
How many businesses are there in the Sound Recording & Music Publishing in Serbia industry in 2024?
There are 87 businesses in the Sound Recording & Music Publishing industry in Serbia, which has grown at a CAGR of 2.5 % between 2019 and 2024.
Has the Sound Recording & Music Publishing industry in Serbia grown or declined over the past 5 years?
The market size of the Sound Recording & Music Publishing industry in Serbia has been growing at a CAGR of 7.2 % between 2019 and 2024.
What is the forecast growth of the Sound Recording & Music Publishing industry in Serbia over the next 5 years?
Over the next five years, the Sound Recording & Music Publishing industry in Serbia is expected to grow.
What does the Sound Recording & Music Publishing in Serbia include?
Publishing recorded audio and Distributing recorded audio are part of the Sound Recording & Music Publishing industry.
How competitive is the Sound Recording & Music Publishing industry in Serbia?
The level of competition is moderate and steady in the Sound Recording & Music Publishing industry in Serbia.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
International industries
Table of Contents
About this industry
Industry definition
Companies in the industry produce original sound master recordings and promote and distribute them to wholesalers, retailers and consumers. Music publishers acquire and register copyrights for compositions; promote, authorise and use pieces in recordings, TV and other media; and publish music and sheet music. Publishers either own the copyright or act as an administrator of the music copyrights on behalf of the copyright owners.
What's included in this industry?
Publishing recorded audioDistributing recorded audioStudio hireIndustry Code
592 - Sound recording and music publishing activities in Serbia
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Sound Recording & Music Publishing in Serbia
- Employees in the Sound Recording & Music Publishing in Serbia
- Business in the Sound Recording & Music Publishing in Serbia
- Profit in the Sound Recording & Music Publishing in Serbia
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Publishers need to be aware of previous copyrighted work. Songs produced that are similar to previously created works are subject to potential legal action.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Sound Recording & Music Publishing in Serbia industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Streaming slashes profit, though boosts record label sales. While the digital release of music cuts costs, low per-listen revenue from platforms like Spotify strains profitability, particularly for smaller artists.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Sound Recording & Music Publishing in Serbia industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
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