What is Musictech?

Musictech combines music with technology to create new ways to produce, distribute, and experience sound. It spans everything from streaming platforms, AI-powered music recommendations, and cutting-edge tools for artists and creators. Musictech field helps musicians reach global audiences, elevates music creation, and transforms the way fans enjoy their favourite tunes.

Musictech Market Size and Growth

According to Mordor Intelligence, the global music market is valued at USD 30.70 billion in 2024 and is projected to grow to USD 45.65 billion by 2029, with a CAGR of 8.54% during this period.

The music industry is more connected than ever, with fans and artists embracing new opportunities to share and enjoy music worldwide. Growth is being driven by the increased use of smart devices and the rising adoption of digital platforms. Music streaming services offering features like personalised playlists, song recommendations, and easy app/browser connectivity are becoming increasingly popular. The variety of podcast genres on these platforms is also contributing to market expansion.

Platforms like YouTube, the second most popular social media site after Google, have given aspiring artists a stage to present their work to a global audience. Asia and Latin America are seeing significant growth as artists in these regions use digital tools to reach international fans.

Record labels also play a key role in supporting this growth. According to the IFPI, they invest more than USD 5.8 billion annually in Artists & Repertoire (A&R) and marketing. This level of investment is expected to continue, helping to drive market expansion.

The COVID-19 pandemic further boosted the digital music sector. Lockdowns resulted in a surge in subscriptions to streaming platforms like Spotify, Tencent Music Entertainment, and Amazon Music. Live streaming on platforms like YouTube and Instagram has also become more popular. While video content was already highly consumed in the U.S., the pandemic made it even more appealing, contributing to the growth of the music streaming market.

As the industry grows, organisations focus on creating sustainable strategies to support long-term development in this evolving digital era.

What’s Trending?

AI-Generated Music: Artificial intelligence is transforming music creation. Tools like Amper Music and AIVA enable artists to compose unique pieces, pushing creative boundaries.

Spatial Audio and Immersive Sound: Spatial audio technology enhances listening experiences by providing more realistic and immersive soundscapes. Companies like Dolby and Apple Music are leading this innovation.

Blockchain for Music Rights: Blockchain technology revolutionises music rights management and distribution of royalty. Platforms like Audius offer decentralised systems that ensure transparency and fair compensation for artists.

Direct-to-Fan Engagement: Artists are increasingly using platforms like Patreon and Bandcamp to connect directly with fans, sell exclusive content, and build stronger.

Data-Driven Playlists: Streaming services utilise AI-powered data analytics to curate personalised playlists, enhancing user engagement and satisfaction. This approach keeps listeners engaged and boosts platform loyalty.

YouTube’s Influence: Music streaming is one of the top reasons for YouTube’s popularity. Luis Fonsi’s “Despacito” has amassed over 7.85 billion views, demonstrating the platform’s power in shaping the global music industry.

The integration of AI, blockchain, immersive sound, and innovative streaming strategies is shaping the future of music, offering new opportunities for artists and redefining how fans consume and engage with music.

Based on our analysis of the companies listed in our 150+ Musictech Companies and Their Domain Name Choices, we have identified the following key highlights in naming and domain name usage.

Domain Names Highlights

The domain name choices of the musictech companies in our list reveal clear trends in favour of Exact Brand Match (EBM) domains and .com extensions, showcasing a strategic approach to establishing strong online identities.

124 companies (73%) operate on .com, the most trusted and recognised top-level domain (TLD). The .com extension is synonymous with credibility, making it the preferred choice for businesses aiming to reach a global audience.

104 companies (61%) have invested in Exact Brand Match (EBM) domains. EBM domains offer clarity, memorability, and authority, ensuring a seamless connection between the brand and its online presence.

4 companies use domains with a dash (-). Dash domains can be harder to remember and type, leading to a lower preference among musictech companies.

Naming Trends 

The naming trends in musictech reveal a blend of creativity, functionality, and innovation, reflecting the diverse approaches companies take to stand out in the competitive industry. 

Tech-Oriented Names

Names that emphasise technology highlight the innovative and technical aspects of musictech. These names appeal to tech-savvy audiences and convey a sense of innovation and expertise. They often use terms like “AI,” “audio,” or “stack” to signal a focus on cutting-edge solutions. 

Examples include AIVA, AI Coustics, AudioStack, Audiotool, and Synchtank. 

Blended Words

Creative portmanteaus or fused words are popular for creating unique and catchy names. These names are playful, memorable, and reflective of the creative spirit of the industry, making them ideal for building strong, modern brands. Companies like BandLab (Band + Lab), Groover (Groove + Rover), Audius (Audio + Us), and Viberate (Vibe + Vibrate) use this strategy. 

Personal or Classical References

Some companies draw inspiration from classical music, personal connections, or iconic figures, evoking a sense of tradition or artistry. Names like Amadeus Code, Roland, Steinberg, and Riyaz fall into this category. These names appeal to those who value legacy and craftsmanship, blending the past with the future of music technology.

Descriptive Names

Straightforward names that describe the company’s purpose or focus are a common choice, making it easy for users to understand the company’s services or solutions immediately.

Examples include Artist Growth, Audiohook, CreateSafe, and Your Music Marketing. 

Minimalist and Abstract Names

Short, abstract, or single-word names offer flexibility and strong brand recognition and are often open to interpretation, allowing companies to adapt their branding as they evolve.

Examples like Bronze, FUGA, Dice, TIDAL, and ODD stand out for their simplicity and versatility. 

Music and Sound References

Names that directly reference music, sound, or performance help establish a clear connection to the industry. Companies like SoundCloud, TuneCore, Songfinch, Audiohook, and BeatBread use this approach. These names appeal directly to musicians, creators, and fans, emphasising their services’ creative and auditory elements.

Community and Collaboration

Some names encapsulate the importance of connection, collaboration, and building communities that resonate with artists and fans, focusing on values like sharing, engagement, and collective creativity. Examples include Bandcamp, Patreon, Songkick, and UnitedMasters. 

Global and Future-Oriented Names

These names convey ambition and adaptability, appealing to companies aiming for global reach and cutting-edge innovation. Examples include Uberduck, Unchained Music, Too Lost, and Wondercraft. 

Namepicks

Check out our article “How to Name a Unicorn?” for insights on choosing a brand name that can help elevate your startup to unicorn status.

Believe

Believe SAS (also known as Believe Music and previously Believe Digital) is a global digital music company headquartered in France. Founded in 2005 by Denis Ladegaillerie, Arnaud Chiaramonti, and Nicolas Laclias, it specialises in providing digital solutions for artists and labels, including distribution, marketing, and monetisation services. Believe operates in more than 50 countries, with a strong presence in Europe, Asia, the Americas, and Africa. The company has built a diverse portfolio of brands catering to various music genres and artists, such as TuneCore, Nuclear Blast, Naïve, Groove Attack, and AllPoints.

In 2023, Believe became one of the fastest-growing companies in the music streaming industry due to its proactive investments in emerging markets like Asia. Believe’s strategic focus on this region has allowed it to connect local artists, such as Bollywood star Ayushmann Khurrana, with a global audience, showcasing the company’s commitment to fostering international music collaborations.

Interesting Fact: Believe supports an impressive 1.3 million artists worldwide, helping them launch and grow their careers online. This artist-first approach has earned Believe significant recognition, including being named one of France’s 40 most promising start-ups in the French Tech Next40 index in 2019.

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Believe has a significant opportunity ahead to consolidate the independent music market and create the first global major independent, at the service of artists at all stages of their career.

Denis Ladegaillerie, founder, chairman and CEO of Believe for MusicWeek

Believe has invested in the EBM top domain Believe.com. Dictionary word .com domains are extremely rare and highly sought after due to their universal recognition, simplicity, and authority. These domains are easy to remember and type, making them valuable assets for businesses aiming to stand out online. Their scarcity arises from the fact that there is only one possible .com version of each dictionary word, and many were registered early in the Internet era. Companies that own a dictionary word .com, like Believe.com, gain a significant competitive advantage by projecting trust, professionalism, and global appeal. This rarity also makes them long-term investments, as their value continues to increase over time.

Deezer

Deezer, established in 2007 in Paris, is a global music streaming service offering access to over 90 million tracks, podcasts, and radio stations across more than 180 countries. Available on various devices, including Android, iOS, and macOS, Deezer provides a seamless listening experience. The platform’s signature feature, “Flow,” delivers personalised music recommendations, enhancing user engagement. With its innovative approach, Deezer continues to shape the future of digital music streaming.

Interesting fact: Deezer was named by its founders Daniel Marhely and Jonathan Benassaya. The name “Deezer” is not a direct translation of any French word, but it was chosen to evoke the word “dear” and to have a youthful and friendly sound. The founders wanted a name that would resonate with a global audience and be easy to remember.

Deezer’s operates on the Exact Brand Match domain Deezer.com. The domain reinforces the brand’s identity as a modern, accessible streaming platform while making it simple for users to connect with its services. With its sleek, memorable name and domain, Deezer ensures a strong connection with its target audience and a seamless online experience for millions of listeners across the globe.

Mellomanic

Mellomanic, formerly known as We Are Giant, is a music-communities startup that creates spaces for artists and fans to connect through online events, such as listening parties. With a growing platform of over 400,000 monthly active users, Mellomanic helps artists engage directly with their audience while also working with labels to support fan experiences. The platform has also built its own genre-focused communities, including ‘We Are Alt,’ ‘We Are Pop,’ ‘We Are Hip Hop,’ and ‘We Are Country.’

Interesting fact: In 2024, following a successful $6 million funding round, the company rebranded to Mellomanic to better reflect its mission and audience. The new name celebrates “melomaniacs,” a term for passionate music superfans, emphasising its focus on building thriving music communities. 

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We’ve learned so much about music communities and fan behaviours this past year and wanted our name to reflect that. ‘Mellomanic’ pays homage to the melomaniacs, all types of superfans.

CEO Andy Apple for Musically

Mellomanic invested in the Exact Brand Match domain Mellomanic.com, moving from the longer WeAreGiant.com as part of its rebrand. Shorter domains are easier to remember, improving user access and helping the company achieve better reach. This strategic move enhances the brand’s credibility and supports its focus on building strong connections within the music community.

Patreon

Patreon is a platform that enables creators to build communities with their most dedicated fans, share exclusive content, and transform their passions into sustainable businesses. Founded in 2013 by musician Jack Conte and developer Sam Yam, Patreon offers tools for artists, podcasters, writers, and other creators to earn recurring income through membership subscriptions. The platform supports a diverse range of creators, including videographers, webcomic artists, musicians, and more, allowing them to receive direct funding from their supporters. As of 2023, Patreon has over 250,000 creators and more than 8 million active patrons worldwide.

Interesting Fact: In October 2023, Patreon underwent a comprehensive redesign of its interface and brand identity, introducing new features like community chats to enhance creator-fan interactions.

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Our new brand represents both our vision for the future of the creator economy and our commitment to creators that has guided us since day one. It’s a visual system thoughtfully crafted to be native to the online spaces where today’s creators live and work – a motion-first brand for a digital-first world. And most importantly, it’s a brand built to adapt so that any creator can make it their own.

Patreon press release 

Operating on the Exact Brand Match domain, Patreon.com enhances the platform’s credibility, accessibility, and global appeal. This professional and memorable domain strengthens Patreon’s brand identity and solidifies its position as a trusted platform for creators and their supporters.

Suno

Suno, launched in 2023, transforms music creation by enabling users to craft original songs with lyrics and beats from simple text prompts. The platform combines creativity and advanced technology to cater to casual music lovers and professional artists alike. Suno collaborates with major music labels and respects intellectual property while fostering trust within its community. With features like listening parties and interactive events, the platform has attracted 400,000 monthly active users, making it a growing hub for music creators.

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Suno is building a future where anyone can make great music. Whether you’re a shower singer or a charting artist, we break barriers between you and the song you dream of making. No instrument needed, just imagination. From your mind to music.

Suno

Interesting Fact: The name “Suno,” meaning “listen” in Hindi, perfectly captures the company’s mission to open the world of music creation to everyone—whether a seasoned artist or just someone with a dream and a melody in mind.

Suno upgraded from Suno.ai to the Exact Brand Match domain Suno.com. This shorter, universally recognised domain enhances accessibility and trust while resolving the limitations of the .ai extension. The new domain reflects Suno’s ambition to grow as a global brand and aligns it with other renowned companies that leverage concise, memorable names. Suno.com makes it easier for users to connect with the platform while reinforcing its reputation as a professional and innovative leader in the music industry.

While we make every effort to ensure the data on our site is accurate, complete, and up-to-date, we cannot guarantee its reliability. Our data is provided for informational purposes only and should not be relied upon as legal, financial, or other advice. We strongly recommend that you independently verify any information before relying on it.

The right domain names are a valuable investment for any brand. If you’re ready to secure the perfect domain name for your business, reach out to us for assistance. We’re here to help you find and acquire the ideal domain for your brand.

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