In 2021, physical music sales generated five billion U.S. dollars, whereas digital music sales made 1.1 billion worldwide. The majority of global music revenue now comes from streaming, and accounted for 65 percent of total industry revenue in 2021.
Recorded music market revenue worldwide from 2005 to 2021, by source
(in billion U.S. dollars)
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IFPI. (March 22, 2022). Recorded music market revenue worldwide from 2005 to 2021, by source (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 29, 2022, from https://www.statista.com/statistics/292081/music-revenue-worldwide-by-source/
IFPI. "Recorded music market revenue worldwide from 2005 to 2021, by source (in billion U.S. dollars)." Chart. March 22, 2022. Statista. Accessed May 29, 2022. https://www.statista.com/statistics/292081/music-revenue-worldwide-by-source/
IFPI. (2022). Recorded music market revenue worldwide from 2005 to 2021, by source (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 29, 2022. https://www.statista.com/statistics/292081/music-revenue-worldwide-by-source/
IFPI. "Recorded Music Market Revenue Worldwide from 2005 to 2021, by Source (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Mar 2022, https://www.statista.com/statistics/292081/music-revenue-worldwide-by-source/
IFPI, Recorded music market revenue worldwide from 2005 to 2021, by source (in billion U.S. dollars) Statista, https://www.statista.com/statistics/292081/music-revenue-worldwide-by-source/ (last visited May 29, 2022)
