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There are xx employees in the Musical Groups & Artists industry in the US, which is expected to grow at xx% over the next five years. Musicians, recording artists and songwriters create and perform music professionally, both in front of live audiences and in recording studios. Musicians earn revenue from songwriting, producing or recording, but they primarily operate as performers. This industry excludes musical theater and opera performers, as well as other professions involved in creating records, like sound engineers.
Curious about what drives these trends? IBISWorld's Musical Groups & Artists in the US industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Major Label Music Production in the US |
|
XX% | XX% | $XX |
| Celebrity & Sports Agents in the US |
|
XX% | XX% | $XX |
| Performers & Creative Artists in the US |
|
XX% | XX% | $XX |
| Concert & Event Promotion in the US |
|
XX% | XX% | $XX |
| Concert & Event Promotion in Canada |
|
XX% | XX% | $XX |
| Performing Arts Venues in Australia |
|
XX% | XX% | $XX |
| Performing Arts Operation in New Zealand |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 42,760 people employed in the Musical Groups & Artists in the US as of 2026.
The number of people employed in the Musical Groups & Artists in the US grew 11.4% on average over the five years between 2021 and 2026.
See our full analysis of the Musical Groups & Artists in the US to understand if the industry employment is expected to grow or decline over the next five years.
The average Musical Groups & Artists in the US business is 7.2 employees.
The average business in the Musical Groups & Artists in the US now employs more workers than it did five years ago.
The revenue per employee for the average business in the Musical Groups & Artists in the US has decreased in the last five years.