Revenue of the music industry in France from 2007 to 2018, by format

Since 2007, it appears that the physical revenue of the music industry in France is decreasing. In contrast, the digital revenue of the music industry continues to increase. In 2018, digital revenues exceeded physical revenues and reached 335 million euros that year. In 2023, the digital music revenue is expected to reach more than 443 million U.S dollars.

The rise of digital music over physical revenue

In 2007, the revenue of physical music amounted to 662 million euros. Ten years later, the number went down to 298 million euros. This important decrease was followed by an impressive increase of the revenue of digital music in the country. From 50.8 million euros of revenue in 2007, digital music grew over the years to reach a turnover of 285 million euros in 2017. Similarly, the sales volume of music albums in stores in France is falling for the past years, while the penetration of music streaming and downloading in the country has exceeded 50 percent since 2016.

Music streaming in France

Online music streaming is becoming more and more popular. In 2017, 25 percent of French consumers declared streaming music daily or almost daily. The number of digital music users is expected to increase in the coming years. Those users seem to favor streaming compared to downloading, and online music streaming platforms like Deezer, Apple Music or Spotify are now used by a majority of French people.

Revenue of the music industry in France from 2007 to 2018, by format

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Source

Release date

March 2019

Region

France

Survey time period

2007 to 2018

Special properties

without distribution rights

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