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2019 U.S. Industry Statistics & Market Research - Musical Groups & Artists


Overview: the U.S. Musical Groups & Artists Industry

This market research report provides answers to key questions about the industry:
What is the total market size (industry revenue)?

This report shows the total market size for the Musical Groups & Artists industry, comprised of total revenues of both public and private companies over the last six years (2013-2018), current year estimates, and outlook to 2024.

What is the industry outlook?

The industry Outlook and Forecasts show how the Musical Groups & Artists industry is heading over the next six years (2019-2024). Market forecasts account for historical growth, cyclical changes, and general economic outlook.

Market Analysis: Is the market growing or declining, and how quickly?

The Market Analysis section shows the five-year growth trends for Musical Groups & Artists, year-by-year from 2013-2018.

Are long-term forecasts positive or negative?

Forecasts for 2019-2024 for the industry show the future growth and market opportunity for Musical Groups & Artists companies.

What is the average company size in the industry?

The average number of employees and average revenue for a typical Musical Groups & Artists company is charted over time for the last five years to the present.

How many companies are in the industry?

Track how many companies compete in the Musical Groups & Artists industry, and how the number of companies has changed over the past five years.


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 2019
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2013        2014        2015        2016        2017        2018
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 Market Analysis



Market Forecast

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





Forecast / Industry Outlook 2019E 2020 2021 2022 2023 2024
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

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 2018, the federal government spent a total of $6,471,481 on Musical Groups & Artists. It has awarded 327 contracts to 187 companies, with an average value of $34,607 per company.   

Most Recent Contracts Date Total Award Amount
WHITTAKER JR, HORACE F
524 Old Farm Lane S, Apt B
Prattville, AL
Jul 31, 2019$21,400
GLOCOMS, INC
40 E Chicago Ave Unit 200
Chicago, IL
Jul 30, 2019$24,567
MCGUILL, MARTIN
1221 N Pierce St Apt 409
Arlington, VA
Jul 18, 2019$21,000
IDEMMA LLC
37 N Orange Ave Ste 500
Orlando, FL
Jul 12, 2019$23,857
PAUL ANKA PRODUCTIONS, INC.
10960 Wilshire Blvd Fl 5
Los Angeles, CA
Jul 08, 2019$170,000
DESTA JR, ABATE S
3834 Riviera Rd
Montgomery, AL
Jul 04, 2019$42,450




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