Digital Music

  • Worldwide
  • Revenue in the Digital Music segment is projected to reach US$31.73bn in 2022.
  • Revenue is expected to show an annual growth rate (CAGR 2022-2027) of 7.17%, resulting in a projected market volume of US$44.85bn by 2027.
  • The largest segment is Music Streaming with a market volume of US$30.33bn in 2022.
  • In global comparison, most revenue will be generated in the United States (US$11,480.00m in 2022).
  • In the Digital Music segment, the number of users is expected to amount to 1,491m users by 2027.
  • User penetration will be 15.8% in 2022 and is expected to hit 18.8% by 2027.
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