Revenue in the Digital Music segment is projected to reach US$10.30bn in 2022.
Revenue is expected to show an annual growth rate (CAGR 2022-2026) of 6.74%, resulting in a projected market volume of US$13.37bn by 2026.
The largest segment is Music Streaming with a market volume of US$9.82bn in 2022.
In global comparison, most revenue will be generated in the United States (US$10,300.00m in 2022).
In the Digital Music segment, the number of users is expected to amount to 160.5m users by 2026.
User penetration will be 40.6% in 2022 and is expected to hit 46.9% by 2026.
The usage share of Amazon Music amounts to an estimated 20% of the Digital Music segment and the selected region in 2020.
In the year 2021 a share of 43.5% of users is in the high income group.
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.
Digital audio content that is distributed to the end-user over the Internet
Paid digital downloads of single tracks or albums/compilations