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53.77 billion U.S. dollars
- In 2018, preliminary estimates suggested that the total revenue of the global music industry amounted to 53.77 billion U.S. dollars, up from just under 51 billion a year earlier. The figure is expected to consistently increase each year and surpass 65 billion U.S. dollars in 2023.
www.statista.com/statistics/259979/global-music-industry-revenue/
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Mar 21, 2024 · In the IFPI's annual Global Music Report covering the music industry 2023, revenues jumped 10% to $28.6 billion, the highest figure since 1999.
Mar 22, 2022 · Music industry revenues went up by 18.5% in 2021 thanks to hits by Adele, Taylor Swift and BTS.
Mar 22, 2024 · Mar 22, 2024. 2023 was another good year for the music industry. According to IFPI’s latest Global Music Report, worldwide recorded music revenues climbed 10 percent to $28.6 billion last...
Sep 18, 2023 · The music industry brought in $8.4 billion in the first half of the year, with streaming making up 84 percent of the pie. And physical media sales hit the highest levels in a decade.
- Nilay Patel
Oct 20, 2023 · The music industry has undergone a remarkable transformation in formats. See how its revenues have evolved, from vinyl and CDs to streaming.
- Niccolo Conte
Mar 21, 2023 · Global music sales rose for the eighth consecutive year in 2022, with recorded music revenues growing in every world market and across almost all formats, according to the International...
Mar 30, 2024 · The 2023 RIAA revenue report, released on Tuesday, shows an industry in a new, relatively stable phase of growth. Recorded music turned in $17.1 billion in total revenue, up almost 8% from 2022...
