South Korea Music Copyright Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 1.2 Billion by 2030, growing at a CAGR of 9.2% from 2024 to 2030.
South Korea's music copyright market has experienced significant growth over the years, driven by the country's dynamic music industry and its cultural export power. The global popularity of K-pop has brought attention to the complexities of music copyright management in South Korea, which is a market deeply influenced by technology and the ever-evolving digital space. Music copyright protection in South Korea involves various rights holders, such as songwriters, producers, and performers, who rely on proper licensing and royalties to ensure fair compensation for their creative works.
The South Korean music copyright market consists of multiple stakeholders, including music publishers, performance rights organizations (PROs), record labels, and streaming platforms. These entities play an essential role in managing and distributing royalties generated by the use of music. One of the key players in this market is the Korea Copyright Association (KOMCA), which is responsible for collecting and distributing performance royalties for the vast number of songs registered in South Korea.
The copyright requirements for the music industry in South Korea are stringent, ensuring the protection of creators' intellectual property. Music works must be registered with the relevant authorities to receive protection under the Copyright Act. For music industry professionals, this includes detailed documentation of the song’s creation process, along with a clear assignment of rights. This guarantees that all parties involved, including songwriters, composers, and performers, can receive their fair share of earnings generated from music distribution, performance, and synchronization in commercials or films.
South Korea’s evolving digital landscape has also introduced new challenges in the music copyright market. Streaming services like Melon, Spotify, and Apple Music have reshaped how music is consumed, while presenting new opportunities and risks for copyright enforcement. Music producers and labels must adapt to these changes, ensuring that their works are protected against unauthorized use across digital platforms.
As demand for K-pop and Korean dramas continues to rise globally, the need for robust music copyright protection has never been more critical. South Korea’s music copyright market is not only a reflection of the country’s creative output but also an essential component of its economic and cultural success.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Music Copyright Market
Synchronization Licenses
Mechanical Licenses
Performance Licenses
Print Licenses
Digital Licenses
Songwriters
Music Publishers
Performing Artists
Record Labels
Music Libraries
Film and Television
Advertising
Video Games
Online Platforms (e.g., YouTube, TikTok)
Live Performances
Traditional Licensing
Royalty-Free Licensing
Custom Licensing
Subscription-Based Licensing
Direct Licensing
Music Licensing Agencies
Online Platforms
Copyright Collecting Societies
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Music Copyright Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Music Copyright Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Music Copyright Market, By Type
6. South Korea Music Copyright Market, By Application
7. South Korea Music Copyright Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Music Copyright Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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