The music industry has always been a young industry.
But the way it is growing and shifting is changing everything.
In 2017, the industry’s share of the U.S. population is expected to grow from 21 percent to 24 percent, according to a study by research firm Technomic.
This is the first time since the study began in the 1980s that it has seen a decline in the share of people in their 20s and 30s.
So, in some ways, the music industry is going through a transition that is unprecedented in its scale and scope.
The industry is becoming more diverse.
More women, more people from ethnic and racial minorities, more young people are joining the industry.
These trends have created a new generation of young people who are embracing technology.
There are a lot of young talent, and they are getting a lot more comfortable with technology, said Jon Ritter, founder and chief creative officer at Rockwood Music Academy, which is based in New York.
He said the academy was one of the first to adopt technology.
“The fact that we’re taking care of our customers with technology has been a huge part of our growth, and we think it’s going to continue to be a big part of growth,” Ritter said.
Ritter said Rockwood has a number of young artists in its ranks, from artists like Dolly Parton and Taylor Swift to songwriters like Lil Uzi Vert.
“I think our biggest opportunity is that they’re in a different place in their careers,” Riter said.
And that’s a huge thing.
They have an opportunity to be creative and make a living in a way that is a little bit more challenging.
Technology is taking the lead in new ways.
The most recent data from Nielsen Music Research shows that music consumption has grown by 3.3 percent in 2017, to more than 1.5 billion songs.
In other words, it’s the fastest rate in recorded history, and it’s a growth rate that is almost twice as fast as the other entertainment categories.
That growth rate is driven by a new category of streaming services like Spotify and Pandora.
Streaming music is growing by 10.6 percent per year.
That is a staggering jump.
And while that growth is coming from streaming services, it is also happening in the audio and video industries.
Digital audio recording equipment, or DACs, are getting more powerful and affordable, and these are being used in record labels and studios.
Ritter also points out that it’s getting easier for consumers to access music on streaming services.
The biggest growth is happening in digital audio devices like headphones and speakers.
And Ritter says there are plenty of opportunities for artists to expand their career into music production.
But Ritter’s biggest challenge is making music more accessible for the younger audience.
That means making sure that music is accessible to everyone, and that everyone has access to it.
He said the technology industry is constantly evolving.
He thinks that’s part of the appeal of being a music business.
The technology is evolving.
And as it evolves, so do the creative industries.
It’s like the art world changing over time, Ritter added.
It just doesn’t have the same level of complexity.
“Technology has changed everything in the world of music,” he said.
“We’re always evolving, and I think that will continue to happen.”
What’s driving this shift?
There are several factors.
In the past, technology helped bring people together.
But today, the Internet of Things, connected devices and streaming music has opened up more opportunities for people to meet, connect and share information.
“Now, the internet of things has created a whole new landscape where you can meet people and connect,” said Brian Wieden, a music industry analyst at research firm Mintel.
And the new music business is a great place for it to thrive.
“In some ways you’re competing against other things in the marketplace,” Wiedes said.
So many of the new industries and products that are being created, like the music streaming service and the podcasts, are built around the idea that it will be easier for people with technology to get together and create new things.
But it’s not necessarily that way.
Wieden says there is a lot going on that people haven’t considered.
He points to things like music streaming services and digital audio recording devices, as well as a new way of consuming music.
And he sees that the industry will continue evolving.
It will continue changing.
But for now, there are many new opportunities to be created and new ways to interact.
That’s a good thing.
It means that music industry and creative industries will continue making music that is accessible for everyone.