Global Music Production Software Market to Triple in Value in the Next Five Years

The global music production software market is expected to grow to USD 6.26 billion by the end of the period 2018-2022, from USD 2.12 billion in 2017, according to the latest market research report by Technavio. The new report, "Global Music Production Software Market 2018-2022," which is now available, forecasts high growth for music software (recording, mixing, and editing) due to the strong demand for digital audio content worldwide.

Sad news for the audio industry. Gibson Brands announced that it is "ceasing active development and production of Cakewalk branded products." Gibson Brands acquired the Boston-based music production software company from Roland Corporation in 2013. Since then, Cakewalk has been consistently updating all products, under the leadership and vision of Craig Anderton. Cakewalk was one of the few remaining historical music software companies solely dedicated to the Windows platform.

Barely recovered from a week in New York - at least in terms of catching up with the product announcements - I have left this year's Audio Engineering Society (AES) convention with the feeling that it was just too short. Expectations couldn't have been higher. The 143rd International AES Convention (October 18-21, 2017) was sharing the Jacob Javits Center with the NAB Show New York. So naturally increased attendance was a given, and there were many "synergetic" opportunities to discuss common themes, such as media over IP.

A popular tool for musicians for over 20 years, MAGIX's Music Maker is now available for free for the first time. This is a complete audio recording and production software, with all the tools needed to create and share music, now in a fully-functional version completely free and ready for download at magix.com. Why are they doing this? Because that way MAGIX will be to sell built-in expansion options and upgrades to an expanded user base.

Challenging established brands in music notation, German company Steinberg Media Technologies just announced details of its own next-generation scoring application for Windows and macOS. Designed by musicians for musicians, Steinberg wants it to become the new choice of professional composers, arrangers, engravers, copyists and educators the world over. Developed by an experienced team, Dorico wants to be the new standard in notation software.

Propellerhead unveiled the next generation of Reason (version 9) scheduled to be officially launched June 21, 2016. The latest version of this powerful music production software builds on the established platform, introducing a host of new devices, sounds, and creative tools. It features new Player devices, Scales & Chords, Note Echo and Dual Arpeggio, an expanded sound-bank, new Pitch Edit time-stretch technology and improved Audio to MIDI conversion.