The Ted star previously fronted Marky Mark and the Funky Bunch, who broke up in 1993 after having hits with songs including 'Good Vibrations'.
When asked by Heat whether he would ever return to music, he said: "Do you think it will be lucrative?
"Well, the Funky Bunch wants to get back out there, too. I've just got to find the right time. We might, though."
Wahlberg recently spoke about joining the cast of Transformers 4, after teaming up with the franchise's director Michael Bay for upcoming action film Pain & Gain.
He said: "Michael and I had an amazing experience working together on Pain & Gain. That movie is insane. It's like Boogie Nights meets Pulp Fiction meets Fargo.
"Michael made that movie for $25m and then he asked me if I wanted to work with him again, told me his idea and I said, 'I'm in'. It's very different from the other three."
Watch Mark Wahlberg talk about Transformers 4 with Digital Spy below: