The timeline presents the music industry revenue in Nigeria from 2014 to 2018, with a forecast until 2023. Nigeria's music revenue grew from ** million U.S. dollars in 2014 to ** million U.S. dollars in 2018, and by 2023 the revenue is expected to amount to ** million U.S. dollars.

The revenue is forecast to experience significant growth in all segments in 2027. The trend observed from 2017 to 2027 remains consistent throughout the entire forecast period. There is a continuous increase in the indicator across all segments. Notably, the Music Streaming segment achieves the highest value of ***** million U.S. dollars at 2027. The Statista Market Insights cover a broad range of additional markets.

In 2021, Nigeria's GDP amounted to around ***** trillion Naira, over *** billion U.S. dollars. About *** percent of GDP was generated by the industry of motion pictures, sound recording, and music production. In absolute figures, this added up to roughly *** trillion Naira, approximately ***** billion U.S. dollars. Nigeria has a large film industry, called Nollywood, which releases the largest number of movie titles in English-speaking countries in Africa.

Comprehensive dataset of 392 Music publishers in Nigeria as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Nigeria GDP: Basic Prices: Services: IC: Motion Pictures, Sound Recording & Music data was reported at 1,249,106.167 NGN mn in 2017. This records an increase from the previous number of 1,199,978.719 NGN mn for 2016. Nigeria GDP: Basic Prices: Services: IC: Motion Pictures, Sound Recording & Music data is updated yearly, averaging 51,268.631 NGN mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 1,249,106.167 NGN mn in 2017 and a record low of 575.510 NGN mn in 1981. Nigeria GDP: Basic Prices: Services: IC: Motion Pictures, Sound Recording & Music data remains active status in CEIC and is reported by National Bureau of Statistics of the Federal Republic of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.A007: GDP: by Industry: Current Price: Annual.

Comprehensive dataset of 609 Music stores in Nigeria as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Motion picture and music recording accounted for roughly *** billion Nigerian naira (NGN) (roughly ***** million U.S. dollars) of Nigeria's GDP in 2023. Despite the significant contribution of the movie and music industry to the country's GDP, that of telecommunications and information services stood at **** trillion NGN (around **** billion U.S. dollars), representing the most valuable sector in the information and communication industry.

Nigeria GDP: Basic Prices: 2010p: Services: IC: Motion Pictures, Sound Recording & Music data was reported at 730,211.656 NGN mn in 2017. This records a decrease from the previous number of 734,432.871 NGN mn for 2016. Nigeria GDP: Basic Prices: 2010p: Services: IC: Motion Pictures, Sound Recording & Music data is updated yearly, averaging 174,027.678 NGN mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 765,640.627 NGN mn in 2015 and a record low of 52,925.739 NGN mn in 1985. Nigeria GDP: Basic Prices: 2010p: Services: IC: Motion Pictures, Sound Recording & Music data remains active status in CEIC and is reported by National Bureau of Statistics of the Federal Republic of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.A010: GDP: by Industry: 2010 Price: Annual.

In 2022, motion picture and music recording accounted for roughly *** percent of Nigeria's GDP. However, despite the notable contribution of the movie and music industry to the country's GDP, telecommunications and information services held **** percent of the country's GDP, representing the most valuable sector in the creative, information, and communication industry.

The Africa SVOD Market is Segmented by Content Genres (Drama, Music, Sports, and Other Content Genres) and Geography (Kenya, South Africa, and Nigeria). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

According to a report published in 2019, the majority of surveyed Nigerians confirmed that they attended music concerts, with just **** percent saying that they used to do so but stopped. Concert attendance was lowest in Ghana, with most respondents saying that they did not go to watch live music in concert.

Nigeria has the highest digital music users in selected countries worldwide. ** percent of consumers in Nigeria listen to this kind of media. Following in second place is Philippines, where ** percent of respondents consume this media type.Statista Consumer Insights offer you all results of our exclusive Statista surveys, based on more than ********* interviews.

国内生产总值：基本价格：2010年价格：服务业：IC：电影、录音与音乐在12-01-2017达730,211.656百万尼日利亚奈拉，相较于12-01-2016的734,432.871百万尼日利亚奈拉有所下降。国内生产总值：基本价格：2010年价格：服务业：IC：电影、录音与音乐数据按年更新，12-01-1981至12-01-2017期间平均值为174,027.678百万尼日利亚奈拉，共37份观测结果。该数据的历史最高值出现于12-01-2015，达765,640.627百万尼日利亚奈拉，而历史最低值则出现于12-01-1985，为52,925.739百万尼日利亚奈拉。CEIC提供的国内生产总值：基本价格：2010年价格：服务业：IC：电影、录音与音乐数据处于定期更新的状态，数据来源于National Bureau of Statistics of the Federal Republic of Nigeria，数据归类于Global Database的尼日利亚 – 表 NG.A010：国内生产总值：按行业分类：2010年价格：年度。