The global music composing software market size stood at $177.4 million in 2019, and it is expected to reach $1,871.5 million by 2030, exhibiting a CAGR of 23.8% during the forecast period (2020–2030). The key factors driving the industry growth include the increasing utilization of online music streaming services, consistent growth of the media and entertainment industry, strong preference for classical music shows, and growing need for effective collaboration among musicians.

The global music composing software market size stood at $177.4 million in 2019, and it is expected to reach $1,871.5 million by 2030, exhibiting a CAGR of 23.8% during the forecast period (2020–2030). The key factors driving the industry growth include the increasing utilization of online music streaming services, consistent growth of the media and entertainment industry, strong preference for classical music shows, and growing need for effective collaboration among musicians.