Data 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 *******************.

While 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.

This dataset is about companies. It has 3,456,808 rows. It features 5 columns: country, revenues, sector, and industry. It is 76% filled with non-null values.

In 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.

The 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.

Graph and download economic data for Quarterly Financial Report: U.S. Corporations: All Manufacturing: Net Sales, Receipts, and Operating Revenues (QFR101MFGUSNO) from Q4 2000 to Q1 2025 about operating, receipts, revenue, finance, corporate, Net, sales, manufacturing, industry, and USA.

Spain TV Industry Revenue increased 10.7% in 2014, compared to a year earlier.

This 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.

This statistic shows the revenue of the industry “arts, entertainment, and recreation“ in Pennsylvania from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of arts, entertainment, and recreation in Pennsylvania will amount to approximately **** billion U.S. Dollars by 2024.

This 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.

The revenue growth in the 'Juices' segment of the non-alcoholic drinks market in Europe was forecast to continuously increase between 2025 and 2029 by in total *** percentage points. According to this forecast, in 2029, the indicator will have increased for the third consecutive year to **** percent. Find other key market indicators concerning the revenue and average revenue per user (ARPU). The Statista Market Insights cover a broad range of additional markets.

This statistic shows the revenue of the industry “beverage manufacturing“ in New Jersey by segment from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of beverage manufacturing in New Jersey will amount to approximately ******* million U.S. Dollars by 2024.

The revenue of the global fintech industry increased sharply between 2017 and 2023. In 2023, the total revenue of the industry was estimated at ***** billion U.S. dollars. According to Statista Market Insights, the revenue of the global fintech sector is forecast to increase further in the coming years, exceeding ****** billion U.S. dollars in 2028.

This statistic shows the revenue of the industry “media buying agencies“ in California from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of media buying agencies in California will amount to approximately ******* million U.S. Dollars by 2024.

Over the last two observations, the revenue is forecast to significantly increase in all regions. From the selected regions, the ranking by revenue in the IT services market is forecast to be led by EMEA with ****** billion U.S. dollars. In contrast, the ranking is trailed by LATAM with ***** billion U.S. dollars.

This statistic shows the revenue of the industry “advertising agencies“ in California from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of advertising agencies in California will amount to approximately ******* million U.S. Dollars by 2024.

The revenue in the software market in North America was forecast to continuously increase between 2025 and 2030 by in total **** billion U.S. dollars (+**** percent). After the ninth consecutive increasing year, the revenue is estimated to reach ****** billion U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the software market was continuously increasing over the past years.Find more information concerning Germany and Switzerland. The Statista Market Insights cover a broad range of additional markets.

In 2023, the revenue of the e-commerce software industry in China amounted to *** million U.S. dollars which was a ** percent increase compared to the previous year. According to the forecast, the market was projected to reach almost *** million U.S. dollars by 2028. E-commerce software includes application that allows merchants to sell their products online.

This statistic shows the revenue of the industry “food and beverage stores“ in Illinois from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of food and beverage stores in Illinois will amount to approximately 28,3 billion U.S. Dollars by 2024.