Digital Music - Singapore | Statista Market Forecast

Revenue in the Digital Music segment is projected to reach US$46.53m in 2023.
The market's largest segment is Music Streaming with a projected market volume of US$44.67m in 2023.
In global comparison, most revenue will be generated in the United States (US$6,416.00m in 2023).

Digital Music is defined as audio content that is distributed to the end-user over the internet. This includes paid digital downloads of professionally produced single tracks or albums/compilations as well as subscription-based on-demand streaming services. Ad-supported services, internet radio, video streams and audio books are not included. All advertising numbers can be found in the Advertising & Media Outlook in the Music, Radio & Podcasts market.

in-scope

Digital audio content that is distributed to the end-user over the Internet
Paid digital downloads of single tracks or albums/compilations
Subscription-based streaming services

out-of-scope

Ad-supported streaming services
Internet radio
Video streams
Downloads of audio books

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