Hungary: digital music market revenue forecast 2027

The revenue of the digital music market followed an increasing trend in Hungary over the observed years, peaking at approximately 20 million U.S. dollars as of 2022. By 2027, this figure is expected to reach nearly 28 million U.S. dollars.

Forecast of the digital music market revenue in Hungary from 2017 to 2027 (in million U.S. dollars)

Characteristic	Revenue in million U.S. dollars
2027	27.09
2026	26.43
2025	25.41
2024	24.07
2023	22.26
2022	19.88
2021	19.14
2020	15.99
2019	13.07
2018	11.44
2017	9.35

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Release date

July 2022

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Region

Hungary

Survey time period

2017 to 2027

Supplementary notes

The data encompasses B2C enterprises. Figures are based on the Music, Radio & Podcasts segment, which comprises all revenues generated by traditional and digital radio advertising, consumer purchases of live music event tickets, all sales of tangible audio recording formats, paid digital downloads of professionally produced single tracks / compilations, ad-supported services, and subscription-based, on-demand streaming services. All monetary figures refer to consumer spending on digital goods or subscriptions in the respective segment. This spending factors in discounts, margins, and taxes..
All figures are estimates.
A detailed methodology can be found in the Statista Advertising & Media Outlook.

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