Music & Audio Analytics

The Music & Audio category is a substantial market, ranking #5 globally with 7% market share and generating nearly $490,000 in monthly revenue. With an average service price of $28 and over 17,900 monthly orders, the market shows strong activity despite high competition among its 35,472 sellers. The category is experiencing healthy growth, with order volume increasing by 39% and revenue growing by 26% monthly. Current trends reveal a challenging competitive landscape, scoring 82.47 out of 100 on the competition scale. Each seller manages about 2.35 services, and the overall market maintains a modest 2.43% PRO gig ratio. While the revenue trend is showing some decline, the strong growth in order volume suggests continued customer demand. The average seller processes 0.5 orders monthly, indicating room for new sellers to capture market share. Looking ahead, the gap between order growth (39%) and revenue growth (26%) suggests possible price pressure in the market. However, with total historical sales exceeding 4.5 million orders, the category demonstrates sustained buyer interest. New sellers might find opportunities by focusing on premium services or specialized niches, as the current PRO gig percentage remains relatively low.