Global recorded music revenue from 2002 to 2016 (in billion U.S. dollars)

Exclusive Premium statistic

Get a Premium Account for unrestrained access.
Benefits of our Premium membership:

  • Access to all Premium statistics
  • Download as XLS, PNG and PDF
  • Detailed source and background information
Premium Account
$49 per month*
(billed annually)
*Single license
Loading statistic...
Revenue in billion U.S. dollars

© Statista 2017

Download Settings Share
Chart type
Share on Social Media
Description Source More information
This graph depicts the global revenue of the recorded music industry from 2002 to 2016. In 2016, the total revenue of the recorded music industry amounted to 16.1 billion U.S. dollars.
The global music industry – additional information

Data on the growth of the global music industry revenue between 2015 and 2020, broken down by category, places digital music at the forefront of the marketplace. Between 2015 and 2020, digital music streaming is expected to grow by 21.65 percent on an annual basis. However, digital music downloading is expected to fall by 14.26 percent in the same period. Physical recorded music is expected to suffer and will fall by 12.32 percent annually.
The revenue generated by the digital music industry worldwide is expected to grow between 2015 and 2020. It was estimated that the digital music revenue would reach 11.7 billion in 2015 and rise to 15.7 billion U.S. dollars by 2020.
Nonetheless, the dominance of digital music has not made traditional music formats defunct just yet. Take for example the revenue of vinyl record sales worldwide from 1997 to 2015. Back in 1997, the sale of vinyl records generated revenue of 144 million U.S. dollars worldwide. By 2006, this figure had dropped to a dismal 34 million U.S. dollars worldwide. Yet in 2053, the trend shifted and sales of vinyl records reached a healthy 416 million U.S. dollars worldwide, an amount which had been steadily rising since 2007, which indicates a spectacular revival for the phonograph record.
Show more
Release date
April 2017
Survey time period
2002 to 2016
Special properties
Recorded and digital music sales, performance rights, synchronisation
Supplementary notes
Figures for the years 2002 to 2015 come from earlier publications.

Statista Accounts: Access All Statistics. Starting from $588 / Year

Statistics on "Music industry in the U.S."

  • Global market overview
The most important statistics
  • U.S. market overview
The most important statistics
  • Digital music sales
The most important statistics
  • Concert business
The most important statistics
  • Record companies
  • Music devices
The most important statistics
  • Music streaming and digital radio
The most important statistics
  • Consumer behavior

Related Studies: Available to Download in PDF or PPTX Format

Music industry in the U.S.

All Information
in one Presentation

Music industry in the U.S.

Everything On "Music industry in the U.S." in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Other Reports & Dossiers

Statista for Your Company: The Research and Analysis Tool

  • Product Film
  • Statistics
  • Downloads

Our Premium Statistics - facts for your business

Currently, Statista provides more than 1 million statistics.
93 percent (all Premium content) are exclusively accessible via our professional accounts.

Unlimited access

As a Statista Premium customer, you receive unlimited access to all statistics at all times. Including downloads of data in the most common formats (XLS, PDF & PNG). Create relevant and significant statistics in no time.

You are in good company

Further Content: Statistics, Studies, and Topic Pages

Our Business Solutions: Save Time and Money



per year
Your advantages
  • Full access to all our statistics
  • Download as XLS, PDF & PNG
  • Relevant data: complete source information
All functions of our platform illustrated face-to-face
  • Learn how Statista supports your company
  • Extensive tour across the whole portal
  • Personal guidance by our support team
The knowledge database for your company
  • All functions of the Premium Account
  • Access to dossiers, forecasts and studies
  • Access to our international database
  • Publishing rights and other exclusive functions