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2020 U.S. Industry Statistics & Market Research - Musical Groups & Artists


Market Size & Industry Statistics

The total U.S. industry market size for Musical Groups & Artists: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Musical Groups & Artists market size 2020
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2014        2015        2016        2017        2018        2019
Market Size
(Total Sales/Revenue)


Order at top of page
Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year / six-year demand forecast projects both short-term and long-term trends.





Forecast / Industry Outlook 2020 2021 2022 2023 2024 2025
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Musical Groups & Artists industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Admissions To Live Performing Arts Performances

Admissions To - Symphony And Classical Music Performances

Admissions To - Popular Music Performances

Contract Live Performing Arts Performances

Contract Live - Popular Music Performances

Licensing Of Rights To Use Intellectual Property - Protected By Copyright

Resale Of Merchandise

All Other Receipts

All Other Operating Receipts

Contributions, Gifts, And Grants - Private

Contributions, Gifts, And Grants - Private - Individuals

Contributions, Gifts, And Grants - Private - Foundations

Contributions, Gifts, And Grants - Private - Business And Industry

Investment Income, Including Interest And Dividends

All Other Revenue



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Special Report: Risks of Coronavirus (COVID-19) to the Musical Groups & Artists industry

Updated: Feb 21, 2020
Disclaimer: Due to the unprecedented situation, this assessment is based on secondary research, subject to limited information and should be used as one point of view.


Disease Updates

  • On Feb 17, the State Department flew 328 Americans, including 14 infected but free of symptoms, against the advice of the CDC
  • South Korea reports 204 cases, doubling in one day


  • Disease Facts

  • More than 25 countries have reported cases of coronavirus.
  • The vast majority of the 75,000 infections have been in China.
  • The Coronavirus' 2% mortality rate is less than the 1918 influenza pandemic, which had a 10% mortality rate
  • Coronavirus mortality rate is 20x higher than the seasonal flu.


  • Economic Effects

  • In China, roughly half the population (750 million) face some form of quarantine or travel restrictions
  • China is seeking to reopen many businesses that have been shut down
  • Chinese exports have dropped precipitously, with shippers noting mostly empty containers.


  • Business Risk Factors

    RiskDescriptionLikelihoodEffect
    Chinese ImportsEffects related to the Musical Groups & Artists due to imports from China.IncludedIncluded
    Supplier, Direct & Indirect DisruptionLikelihood of disruption to imports in the supply chain
    U.S. Outbreak RiskIn the event of a U.S. outbreak, change in demand due to altered consumer behavior




    Income Statement (Average Financial Metrics)

    Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

    Industry AveragePercent of Sales
    (Industry Benchmark)
    Total Revenue

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    Operating Revenue
    Cost of Goods Sold
    Gross Profit

    Operating Expenses
    Pension, profit sharing plans, stock, annuity
    Repairs
    Rent paid on business property
    Charitable Contributions
    Depletion
    Domestic production activities deduction
    Advertising
    Compensation of officers
    Salaries and wages
    Employee benefit programs
    Taxes and Licenses
    Bad Debts
    Depreciation
    Amortization
    Other Operating Expenses
    Total Operating Expenses
    Operating Income
    Non-Operating Income
    EBIT (Earnings Before Interest and Taxes)
    Interest Expense
    Earnings Before Taxes
    Income Tax
    Net Profit
    Net Income
     
    Source: AnythingResearch Analysis of U.S. federal statistics




    Financial Ratio Analysis

    Financial ratio information can be used to benchmark how a Musical Groups & Artists company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

    Profitability & Valuation RatiosIndustry Average
    Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Musical Groups & Artists industry is performing.
    Profit Margin
    Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
    Return on Equity (ROE)
    Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
    Return on Assets (ROA)
    Return on Assets (ROA) is net income relative to total assets. The market research on Musical Groups & Artists measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


    Liquidity RatiosIndustry Average
    Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
    Current Ratio
    Measures a firm's ability to pay its debts over the next 12 months.
    Quick Ratio (Acid Test)
    Calculates liquid assets relative to liabilities, excluding inventories.


    Efficiency Ratios - Key Performance IndicatorsIndustry Average
    Measure how quickly products and services sell, and effectively collections policies are implemented.
    Receivables Turnover Ratio
    If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
    Average Collection Period
    Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
    Inventory Turnover
    A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
    Fixed-Asset Turnover
    Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



    Compensation & Salary Surveys for Employees

    Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

    TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
    Management Occupations 6%

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    Chief Executives0%
    General and Operations Managers3%
    Business and Financial Operations Occupations 5%
    Education, Training, and Library Occupations 6%
    Arts, Design, Entertainment, Sports, and Media Occupations 42%
    Entertainers and Performers, Sports and Related Workers 35%
    Actors, Producers, and Directors 11%
    Actors 7%
    Musicians, Singers, and Related Workers 18%
    Musicians and Singers 16%
    Food Preparation and Serving Related Occupations 7%
    Personal Care and Service Occupations 10%
    Entertainment Attendants and Related Workers 9%
    Ushers, Lobby Attendants, and Ticket Takers 6%
    Ushers, Lobby Attendants, and Ticket Takers 6%
    Office and Administrative Support Occupations 9%
    Source: Bureau of Labor Statistics


    Musical Groups & Artists Competitor Landscape & Key Companies [PREMIUM]

    The most influential companies in the Musical Groups & Artists industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Musical Groups & Artists industry and adjacent sectors:

    Market Leaders:
    Direct Competitors

    Companies with the largest market share, focused in this industry
    Market leaders:
    Diversified Competitors

    Largest companies that have diversified operations in this and other industries
    Innovators:
    Direct Competitors

    Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
    Innovators:
    Diversified Competitors

    Innovators and Disruptors in adjacent industries that may also affect the Musical Groups & Artists industry.
    Source:
    IncFact


    Government Contracts

    In 2019, the federal government spent a total of $1,601,858 on Musical Groups & Artists. It has awarded 66 contracts to 48 companies, with an average value of $33,372 per company.   

    Most Recent Contracts Date Total Award Amount
    HATCHER, DONNIE
    3420 Old Dobbin Rd
    Montgomery, AL
    Dec 30, 2019$7,800
    HALL, ELSIE
    905 Country Club Dr
    Fayetteville, NC
    Dec 18, 2019$16,100
    SIEMENS, ELAINE
    1708 Darian Dr
    Elizabeth City, NC
    Dec 18, 2019$2,050
    DESTA JR, ABATE S
    3834 Riviera Rd
    Montgomery, AL
    Dec 10, 2019$42,450
    EVANS, MARTHA J
    707 Arthur Wolfe Rd
    Dublin, GA
    Dec 04, 2019$32,220
    ROBERTS, JANE
    1411 Camellia Dr
    Dublin, GA
    Dec 04, 2019$3,780




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