Global music industry revenue growth 2023, by format
Although music streaming had been generating the vast majority of the global music market revenue for several years, in 2013, revenue from physical music sales recorded the highest growth of all music segments, at 13.4 percent. Revenue originating from music streaming still grew by over 10 percent worldwide that year. In fact, music streaming dominated the digital music market at the expense of downloads and other digital formats who were the only segment shrinking in revenue in 2013.