AI Music Statistics and Facts: How Producers Use AI
Chances are you’ve already interacted with AI music without knowing it.
AI-generated music is much more common than you might think with AI cover songs and AI-powered music video tools so easily accessible, more and more young creators looking toward AI music software for their content.
After looking into it myself, I realized there wasn’t really one place you could go to see the most important and interesting AI music statistics.
That being said, I decided to compile what I think to be the best overall roundup of AI music statistics and facts you need to know in 2024.
AI Music Statistics and Facts to Know in 2024
Just like everything else in generative AI, the use in music production is experiencing a rate of progression that makes it difficult to keep up with.
In this article, I’ve compiled a range of useful stats for anyone looking to learn more about AI music in 2024!
Generative AI in the Music Market to Reach a Valuation of $2.6 Billion by 2032
- The total AI music market value in 2022 was $229 million
- 55% of the total AI music market share was held by software
- 30% of the AI music software was used for mastering
Goldman Sachs Predicts the Creator Economy as a Whole to Reach $500,000,000,000 by 2027!
- It’s estimated the current “Creator Economy” market value to be roughly $250 Billion (Sachs).
AI Music Platform Mubert Generated Over 100,000,000 Songs in the First Half of 2023
- In 2022, Mubert users created almost 21 million AI-generated tracks with more than 62 million streaming minutes
- 51.4% of creators surveyed are just starting to earn money on AI-accompanied content
60% of Musicians are Already Using AI to Make Music
36.8% of Producers Surveryed are Already Using AI in Their Workflow
- According to a recent survey of over 1,500 producers, over 500 of them are using AI music tools in some form
49% of Creators Would Like to See an Improvement in the Quality of AI Music
- 40% of creators view AI music unequivocally positively, and 39% believe it suits their creation goals.
21% of Creators Faced Multiple Copyright Strikes After Using AI Generated Content
- This happens because content ID systems lack the preciseness needed to differentiate between new and previously created content.
Interest in AI Music peaked in April 2023, and then again in April 2024!
- Interest in AI music first peaked at the end of April 2023 at an estimated 200,000 Google searches.
- Interestingly, 1 year later in April 2024 search interest in “AI Music” peaked again with an estimated 267,000 searches according to Google Trends and Glimpse.
AI Music FAQs
How big is the AI music market?
The total AI music market value in 2022 was $229 million. It is projected to reach a valuation of $2.6 billion by 2032.
AI only makes up a small fraction of the current music industry but due to the many benefits it offers in the music production process this is expected to rise significantly.
How many people use AI in music?
60% of musicians are already using AI to make music in some capacity, whether for mastering, generating artwork, or composing.
Over 1/3 of producers surveyed also reported using AI music tools.
Music streaming services like Spotify have all integrated AI into their algorithms in an attempt to serve you the best new sounds automatically.
Has AI-generated music gone Viral?
Yes, the recent advances in AI music generation technology have enabled some AI-created songs to go viral and gain millions of plays quickly.
One example is “Heart on My Sleeve,” an AI-generated track that appeared to feature mimicked voices of Drake and The Weeknd. It gained huge attention and millions of plays across TikTok and YouTube within days, showing how new AI music production processes can create songs that resonate with music fans.
Another popular concept at the moment is AI music videos. Creators are using AI tools to generate super-engaging music videos that have gone viral many times over.
The rapid spread of novelty AI tracks suggests music fans are curious to hear what creative possibilities AI technology can unlock for music production and songwriting.
How does AI music work?
AI music works by using machine learning algorithms that analyze existing compositions to understand musical patterns and structures.
Once trained, these algorithms can create new compositions by predicting the next sequence of notes, chords, or rhythms, offering a blend of originality and familiarity.
Is AI music going to replace artists?
While 49% of creators want improvements in quality, 40% view AI positively, and 39% believe it suits their goals. So while some fear replacement, most see AI as a collaborative tool.
I don’t think AI is ever going to replace artists 100%. While artificial intelligence certainly has its place in the music industry, people still need that unique human touch – which AI tools just can’t do.
Can AI generate music videos?
Yes, there are a number of emerging text-to-video AI music video platforms that allow users to upload their songs and have AI visuals added.
Some artificial intelligence music production tools can automatically detect beats, tempos, and moods of audio samples and generate visuals to match, which is really quite impressive!
What Genre is AI best at?
AI music generation tools are only as good as the music they’ve been trained on.
That being said, I’ve seen some excellent music being created in the heavy metal space. Check out the Frostbite Orkings on YouTube for a good example of a full AI music composition.
What’s Next for AI Music?
As AI technology continues to improve and become more accessible, its role in the music business is set to expand far beyond where we see it now.
Sometime in the near future, I would expect to see AI penetrate much deeper into the music production process, enhancing workflows for composers and producers.
AI could also become more involved in the business side, aiding in rights management and data analytics. Despite ethical questions surrounding copyright and originality, the momentum behind AI in the music industry is already unmistakable.
Producers and musicians who adapt to these advancements stand to gain a competitive edge and as always, it’s worth keeping a close eye on the artificial intelligence powered music space.
