Streaming Boom Adds Fuel To Digital Music Growth
Global digital music revenues reached an all-time high of $5.9 billion last year as revenues from streaming services, both ad-supported (+17.6%) and subscription-based (+51.3%), saw strong growth that outweighed a slight decline in download sales (-2.1%).
Looking at the past five years, downloads are still up by more than 50%, however, the recent slowdown suggests that the download market may have peaked, while streaming services such as Pandora, Spotify and iTunes Radio are just taking off. Considering the slowdown in download sales, it makes perfect sense that Apple is reportedly thinking about launching an on-demand streaming service that goes beyond iTunes Radio.
- Music IndustryStreaming Boom Stifles Music Downloads
This chart illustrates how streaming continues to grow, while things go downhill for basically every other way music distribution (except for good old vinyl).
- AppleiTunes Spending Is on the Decline
This chart shows estimated quarterly billings per user of Apple's iTunes and App Store.
- StreamingCord-Cutters Are Putting A Strain On Broadband Networks
This chart compares the monthly data consumption of potential cord-cutters with that of average broadband subscribers in the United States.
- MusicU.S. Teens Love Beats Headphones
This chart ranks the preferred headphone brands by American teens.
- Global digital music revenue from 2004 to 2013 (in billion U.S. dollars)
Global digital music revenue from 2004 to 2013
- Music sales in Australia from 2005 to 2012, by platform (in million Australian dollars)
Music sales in Australia from 2005 to 2012, by platform
- Digital music revenue in the United States from 2008 to 2013, by type (in million U.S. dollars)
Digital music revenue in the U.S. from 2008 to 2013, by type
- Global digital music revenue from 2004 to 2013Global digital music revenue from 2004 to 2013
- Music revenue worldwide in 2012, by sourceMusic revenue worldwide in 2012, by source
- Digital music revenue worldwide in 2012, by sourceDigital music revenue worldwide in 2012, by source
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