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TwitterData on recorded music industry revenue in the United States from 2009 to 2024 shows steady growth from 2015 onwards. The revenue reached over ** billion U.S. dollars in 2024, up from the ***billion reported in the previous year. Music is the revenue driver of the audio market With music being part of everyday life as well as a popular form of entertainment, it has been the most popular audio format and is likely to remain the revenue driver of the industry. Global recorded music revenue alone generated a total of **** billion U.S. dollars in 2024. In the United States, recorded music industry revenue amounted to **** billion U.S. dollars in 2024, which is more than twice as much compared to 2009. Streaming is dominating music consumption Over the years, streaming has become increasingly popular, overtaking other forms of music consumption. Especially physical sales of music have experienced a sharp drop in numbers, only slightly recovering in recent years. Nonetheless, while streaming is by far the most popular way of consumption, the boom it has experienced over the last 10 years or so seems to be slowing down. In 2022, global music streaming revenue only grew by **** percent, which is a significant drop from the growth rate of **** percent in the year before. In 2024, the recorded growth dropped to *******************.
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TwitterWhile music streaming had been generating the vast majority of the global music market revenue for several years, in 2024, revenue from streaming also recorded the highest growth of all music segments, at *** percent. In fact, music streaming dominated the digital music market at the expense of other formats, such as downloads and other digital or physical sales who were the only segments shrinking in revenue in 2024.
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TwitterThe statistic shows a revenue forecast of the information industry in the United States from 2006 to 2013. In 2010, the total estimated revenue of the U.S. information industry amount to *** billion U.S. dollars.
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TwitterIn 2024, recorded music revenues in the Middle East and North Africa grew by **** percent, making this the fastest growing region among the seven taken into consideration in an annual report. The second-fastest growing region in terms of revenue was Sub-Saharan Africa, who followed closely behind with a growth of **** percent. Latin America, in turn, followed closely behind as well, having grown by **** percent. By contrast, the revenue growth in the rest of the world remained in single digits.
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TwitterIn financial year 2025, the domestic revenue of India's information technology industry reached **** billion U.S. dollars, which would be a slight increase from *** previous year. In 2025, the exports from the IT industry was around ****billion dollars.
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TwitterThis statistic shows the revenue of the industry “manufacturing“ in Texas by segment from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of manufacturing in Texas will amount to approximately ***** billion U.S. Dollars by 2024.
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TwitterThe global music industry continues to evolve, with streaming services dominating revenue sources in 2024. Subscription audio streams accounted then for more than half of the industry's revenue at **** percent, while ad-supported streams contributed an additional **** percent. This shift towards digital consumption has reshaped the landscape, pushing traditional formats like physical sales and downloads to smaller market shares. Streaming's dominance grows As streaming platforms solidify their position, they now represent ** percent of the total global recorded music revenue. This trend reflects changing consumer preferences, with audiences favoring access models over ownership. The extensive range of titles available on platforms like Spotify for a set rate has contributed to this shift. Despite the overall growth, digital downloads revenue have seen a decline, contributing less than **** percent to the annual total in 2024. Regional disparities in digital music revenue While streaming leads globally, the digital music market shows significant regional differences. The United States stands at the forefront with **** billion U.S. dollars in revenue from the digital music segment, followed by China at *** billion. France trails behind with *** billion dollars, highlighting the vast gap between markets. These disparities underscore the varying rates of digital music adoption and market maturity across different countries.
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TwitterAccording to a survey of smartphone users worldwide, between November and the end of December 2020, Asia and Oceania reported the highest share of revenues from mobile content worldwide, with ** percent of revenues generated in the region in the examined period. North America followed, with a share of ** percent, while Europe ranked third with a share of ** percent.
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TwitterIn 2023, the video game industry in Germany generated revenues of *** billion euros, up from approximately ****billion euros a year earlier. Recent industry figures place the number of companies in the German gaming industry at ***.
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TwitterThis statistic shows the revenue of the industry “management of companies and enterprises“ in Illinois from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of management of companies and enterprises in Illinois will amount to approximately **** billion U.S. Dollars by 2024.
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TwitterThis statistic shows the revenue of the industry “information service activities“ in the United Kingdom by segment from 2012 to 2019, with a forecast to 2025. It is projected that the revenue of information service activities in the United Kingdom will amount to approximately ***** billion U.S. Dollars by 2025.
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TwitterThis statistic shows the revenue of the industry “accounting, tax preparation, bookkeeping, and payroll services“ in the U.S. by segment from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of accounting, tax preparation, bookkeeping, and payroll services in the U.S. will amount to approximately ***** billion U.S. Dollars by 2024.
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TwitterThis statistic shows the revenue of the industry “other similar organizations (except business, professional, labor, and political organizations)“ in California from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of other similar organizations (except business, professional, labor, and political organizations) in California will amount to approximately ******* million U.S. Dollars by 2024.
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TwitterThis statistic shows the revenue of the industry “postproduction services and other motion picture and video industries“ in the U.S. by segment from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of postproduction services and other motion picture and video industries in the U.S. will amount to approximately ******* million U.S. Dollars by 2024.
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TwitterThis statistic shows the revenue of the industry “other information services“ in Georgia by segment from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of other information services in Georgia will amount to approximately ******* million U.S. Dollars by 2024.
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TwitterIn 2023, software and tech hosting/cloud services/MSP companies had a much higher spending share on IT than other industries, amounting to ** percent and ** percent of their revenues, respectively. By contrast, the consumer products and services industry invested only around **** percent of their revenue in IT. Overall, all industries increased their IT spending per revenue share in 2023 compared to the previous year. Cloud computing Cloud computing is an essential IT service that utilizes a network of distant servers hosted over the Internet to store, handle, and process data. This segment of IT services was projected to generate revenues exceeding *** billion U.S. dollars in 2024 and is expected to continue its rapid growth trajectory. Managed Services Providers (MSPs) provide companies with the expertise and technical support to manage their cloud infrastructure and products without the need for in-house specialists. Cloud computing is segmented into three main categories. Software as a Service (SaaS) delivers software applications over the Internet, on a subscription basis, freeing companies from software and hardware management. Infrastructure as a Service (IaaS) offers a virtualized computing infrastructure managed over the Internet, allowing businesses to avoid the costs and complexities of purchasing and managing physical servers and data center infrastructure. Platform as a Service (PaaS) provides a platform allowing customers to develop, run, and manage applications without the complexity of building and maintaining the infrastructure.
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TwitterThis statistic shows the revenue of the industry “agents and managers for artists, athletes, entertainers, and other public figures“ in the U.S. from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of agents and managers for artists, athletes, entertainers, and other public figures in the U.S. will amount to approximately ******* million U.S. Dollars by 2024.
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TwitterThis statistic shows the revenue of the industry “other manufacturing“ in Saudi Arabia from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of other manufacturing in Saudi Arabia will amount to approximately ***** million U.S. Dollars by 2024.
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TwitterThis statistic shows the revenue of the industry “commercial and service industry machinery manufacturing“ in Florida by segment from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of commercial and service industry machinery manufacturing in Florida will amount to approximately ******* million U.S. Dollars by 2024.
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TwitterThis statistic shows the revenue of the industry “showcase, partition, shelving, and locker manufacturing“ in the U.S. from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of showcase, partition, shelving, and locker manufacturing in the U.S. will amount to approximately ******* million U.S. Dollars by 2024.
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TwitterData on recorded music industry revenue in the United States from 2009 to 2024 shows steady growth from 2015 onwards. The revenue reached over ** billion U.S. dollars in 2024, up from the ***billion reported in the previous year. Music is the revenue driver of the audio market With music being part of everyday life as well as a popular form of entertainment, it has been the most popular audio format and is likely to remain the revenue driver of the industry. Global recorded music revenue alone generated a total of **** billion U.S. dollars in 2024. In the United States, recorded music industry revenue amounted to **** billion U.S. dollars in 2024, which is more than twice as much compared to 2009. Streaming is dominating music consumption Over the years, streaming has become increasingly popular, overtaking other forms of music consumption. Especially physical sales of music have experienced a sharp drop in numbers, only slightly recovering in recent years. Nonetheless, while streaming is by far the most popular way of consumption, the boom it has experienced over the last 10 years or so seems to be slowing down. In 2022, global music streaming revenue only grew by **** percent, which is a significant drop from the growth rate of **** percent in the year before. In 2024, the recorded growth dropped to *******************.