The road between “I made this” and “an algorithm made this while I watched TikTok” continues to blur as the newest IMS Business Report reveals a startling 10% of shoppers used generative AI to create music in 2024.
AI-powered music apps attracted a mixed complete of 60 million customers final yr, in accordance with the annual examine of the digital music trade by Mark Mulligan and MIDiA Analysis.
The info highlights a rise in the usage of audio modification instruments, with tempo adjustment rising as probably the most requested function. Others embrace creating songs sung of their voice and even swapping vocals from one artist to exchange them with one other.
This development of democratization, which many argue bastardizes the artwork of music composition, builds upon a rising want amongst music followers to take part in music creation somewhat than merely hear passively.
Despite AI’s doom and gloom, the digital music trade grew 6% year-over-year in 2024, reaching a worldwide valuation of $12.9 billion.
“Global music industry revenue grew again in 2024, though at a slower rate than in 2023 due to maturing streaming revenues and the post-Covid live resurgence lessening. Electronic music however, continued to increase its share of both revenues and culture,” Mulligan stated. “Driven by the rise of new genres like Afro house, a renaissance for genres like drum & bass and the rise of a new generation of fans, creators and scenes remaking electronic music in their own image, electronic music finds itself at the start of a brave new era of culture resonance.”
You may obtain the complete 2025 IMS Business Report right here.
