Music streaming revenue worldwide is project to almost double from 3.3 billion U.S. dollars in 2015 to 6.22 billion U.S. dollars in 2020. The majority of this revenue comes from subscriptions, which generated 2.3 billion U.S. dollars in 2015, and ad-supported revenue contributed a further 600 million U.S. dollars.
The statistic presents data on the growth of the global music revenue between 2016 and 2021, broken down by category. The source projected that digital download revenue would decrease by 19.2 percent annually in the presented period. Compound annual growth rate of global music revenue between 2016 and 2021, by category
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Statistics on
About the industry
10
- Premium Statistic Market share of music companies in Finland 2019-2023
- Premium Statistic Revenue distribution of recorded music market in Finland 2023
- Premium Statistic Digital music sales revenue in Norway 2012-2021, by type
- Premium Statistic Share of streaming in total recorded music revenues in Denmark 2012-2022
- Premium Statistic Sales revenue of domestic recorded music in Denmark 2009-2020, by format
- Premium Statistic Share of digital sales of the total music sales in Finland 2013-2023
- Premium Statistic Revenue of the music industry in Finland 2022, by sector
- Premium Statistic Digital share of music industry revenue in Denmark 2012-2023
- Premium Statistic Sales revenue from music streaming in Sweden 2009-2022
- Premium Statistic Music industry revenue in Russia 2020-2025, by segment
About the region
10
- Premium Statistic Streaming music subscribers worldwide 2019-2023
- Premium Statistic Subscriber share of music streaming services worldwide Q3 2023
- Premium Statistic Listening to full music albums according to genre worldwide 2020
- Basic Statistic Most watched music videos on Vevo worldwide 2019
- Premium Statistic Paid streaming music subscribers worldwide 2016-2018
- Premium Statistic Most watched music videos on Vevo 2018
- Premium Statistic Time spent listening to music worldwide 2017, by format
- Premium Statistic Music streaming label revenue share worldwide 2016
- Premium Statistic Recorded music market revenue worldwide 2005-2023
- Premium Statistic Music album listening habits worldwide 2020
Selected statistics
5
- Premium Statistic Music synchronization revenue in the United Kingdom (UK) 2010-2014
- Premium Statistic Online service royalties collected by PRS for Music in the UK 2017-2019, by platform
- Premium Statistic Digital album retail prices in the United Kingdom (UK) 2011-2016
- Premium Statistic Consumer spending on music at retail in Great Britain (UK) 2013, by age and retailer
- Basic Statistic Popular music concerts: total attendance in the U.S. 2003-2013
Other regions
10
- Premium Statistic Sales revenue of foreign recorded music in Denmark 2009-2020, by format
- Premium Statistic Brazil: music market growth rate 2018, by segment
- Premium Statistic Music industry revenue in Sweden 2013-2022
- Premium Statistic Survey on online platforms to watch and share live-streamed gigs in Finland 2017
- Premium Statistic Recorded music sales volume in Norway 2018, by format
- Premium Statistic Music sales revenue in Finland 2013-2023, by type
- Premium Statistic Music retail sales revenue in the United Kingdom (UK) 2011-2022, by format
- Premium Statistic Spanish music streaming sales value in Spain 2011-2020
- Basic Statistic Digital music sales in Poland in 2018, by sale source
- Premium Statistic Recorded digital music sales revenue in South Korea 2010-2014, by format
Related statistics
10
- Premium Statistic Cumulated music sales revenue in Norway H1 2019, by format
- Premium Statistic Music retail sales revenue in the United Kingdom (UK) 2011-2022
- Premium Statistic Distribution of physical and digital music sales revenue in Sweden 2022, by format
- Premium Statistic Companies' opinion on COVID-19 impact on music market's digitization in Norway 2020
- Premium Statistic Recorded music revenue in Norway 2013-2019, by format
- Premium Statistic Ways to listen to music in Norway 2015-2017
- Premium Statistic Recorded digital music sales revenue in Canada 2010-2014, by format
- Premium Statistic Share of individuals listening to audio media daily in Norway 2009-2022
- Premium Statistic Daily time spent listening to music media in Norway 2009-2022
- Premium Statistic Music industry revenue in Norway 2012-2021
Further related statistics
10
- Revenue of U.S. entertainment, arts and recreation industry 2009
- Operating income of the Bank of Communications 2013-2023
- Ping An Insurance's annual revenue 2012-2022
- Net revenue from investment banking at Goldman Sachs 2009-2023
- Revenue and financial key figures of Coca-Cola 2010-2023
- Manchester United total revenue 2005-2023
- Arsenal FC revenue 2008-2023, by stream
- Liverpool FC revenue 2008-2023, by stream
- Tottenham Hotspur revenue 2008-2023, by stream
- Real Madrid revenue 2009-2023, by stream
Further Content: You might find this interesting as well
Statistics
- Revenue of U.S. entertainment, arts and recreation industry 2009
- Operating income of the Bank of Communications 2013-2023
- Ping An Insurance's annual revenue 2012-2022
- Net revenue from investment banking at Goldman Sachs 2009-2023
- Revenue and financial key figures of Coca-Cola 2010-2023
- Manchester United total revenue 2005-2023
- Arsenal FC revenue 2008-2023, by stream
- Liverpool FC revenue 2008-2023, by stream
- Tottenham Hotspur revenue 2008-2023, by stream
- Real Madrid revenue 2009-2023, by stream
IQ Magazine. (June 9, 2017). Compound annual growth rate of global music revenue between 2016 and 2021, by category [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/307427/compound-annual-growth-rate-global-music-revenue-by-category/
IQ Magazine. "Compound annual growth rate of global music revenue between 2016 and 2021, by category." Chart. June 9, 2017. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/307427/compound-annual-growth-rate-global-music-revenue-by-category/
IQ Magazine. (2017). Compound annual growth rate of global music revenue between 2016 and 2021, by category. Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/307427/compound-annual-growth-rate-global-music-revenue-by-category/
IQ Magazine. "Compound Annual Growth Rate of Global Music Revenue between 2016 and 2021, by Category." Statista, Statista Inc., 9 Jun 2017, https://www.statista.com/statistics/307427/compound-annual-growth-rate-global-music-revenue-by-category/
IQ Magazine, Compound annual growth rate of global music revenue between 2016 and 2021, by category Statista, https://www.statista.com/statistics/307427/compound-annual-growth-rate-global-music-revenue-by-category/ (last visited June 01, 2024)
Compound annual growth rate of global music revenue between 2016 and 2021, by category [Graph], IQ Magazine, June 9, 2017. [Online]. Available: https://www.statista.com/statistics/307427/compound-annual-growth-rate-global-music-revenue-by-category/