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Sound Recording & Music Publishing in Ireland - Market Size, Industry Analysis, Trends and Forecasts (2025-2029)

Kayleigh Murray Kayleigh Murray London, United Kingdom Last Updated: May 2025 SIC IE-J592

Revenue

€14.2bn

2025

€14.2bn

Past 5-Year Growth

Profit

€X.Xbn

Employees

43,081

Businesses

45,640

Wages

€X.Xbn

Sound Recording & Music Publishing in Ireland industry analysis

The structure of music publishing has changed dramatically over the past decade. Music consumption has largely transitioned to streaming platforms, forming the bulk of revenue for music publishers. Data from the IFPI indicates that 67% of the global music industry revenue in 2022 stemmed from streaming services. This shift has given the music industry a fresh lease on life, as the industry previously struggled to get listeners to spend on music. Music publishing revenue is forecast to dip at a compound annual rate of 1.2% over the five years through 2024, including a contraction of 2% in 2024, to €13.1 billion.

Trends and Insights

  • Streaming dominates global music revenue. The growth of streaming has revived the previously struggling music industry.
  • Music streaming overtakes other formats in consumer music sales. The advent of streaming platforms has led to its dominance in global music sales.
  • The music industry is dominated by the ‘Big 3’. The global music industry is dominated by the Big 3, Universal, Warner and Sony, which act as umbrella organisations with a host of subsidiaries around the world.
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Top Questions Answered in this Report

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What is the market size of the Sound Recording & Music Publishing industry in Ireland in 2025?

The market size of the Sound Recording & Music Publishing industry in Ireland is €14.2bn in 2025.

How many businesses are there in the Sound Recording & Music Publishing industry in Ireland in 2025?

There are 45,640 businesses in the Sound Recording & Music Publishing industry in Ireland, which has grown at a CAGR of 5.7 % between 2020 and 2025.

Has the Sound Recording & Music Publishing industry in Ireland grown or declined over the past 5 years?

The market size of the Sound Recording & Music Publishing industry in Ireland has been growing at a CAGR of 4.8 % between 2020 and 2025.

What is the forecast growth of the Sound Recording & Music Publishing industry in Ireland over the next 5 years?

Over the next five years, the Sound Recording & Music Publishing industry in Ireland is expected to grow.

What does the Sound Recording & Music Publishing industry in Ireland include?

Recording and publishing audio and Distributing recorded audio are part of the Sound Recording & Music Publishing industry in Ireland.

How competitive is the Sound Recording & Music Publishing industry in Ireland?

The level of competition is high and increasing in the Sound Recording & Music Publishing industry in Ireland.

Everything you need in one report

  • Reliable market estimates from 2015-2030
  • Competitive analysis, industry segmentation, financial benchmarks
  • Powerful SWOT, Porter’s Five Forces and risk management frameworks
  • Online membership platform with PDF, Word, Excel and PPT exports

Table of Contents

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.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Sound Recording & Music Publishing in Ireland 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.

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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 Ireland industry?


Key Ratios

Data tables
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)
  • Revenue per Employee (2015-2030)
  • Wages/Revenue (2015-2030)
  • Employees per Establishment (2015-2030)
  • Average Wage (2015-2030)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and bottom five countries listed for each:

  • Revenue Growth (2025)
  • Business Growth (2025)
  • Job Growth (2025)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2025)
  • Imports/Demand (2025)
  • Exports/Revenue (2025)
  • Revenue per Employee (2025)
  • Wages/Revenue (2025)
  • Employees per Establishment (2025)
  • Average Wage (2025)

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 (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

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