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Compound annual growth rate of global music revenue between 2015 and 2020, by category

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Compound annual growth rate
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Tableau Software
About This Statistic

The statistic presents data on the growth of the global music revenue between 2015 and 2020, broken down by category. The source projected that digital music streaming revenue would grow by 21.65 percent annually in the presented period. Music streaming revenue worldwide is project to almost double from 3.3 billion U.S. dollars in 2015 to 6.22 billion U.S. dollars in 2020. The majority of this revenue comes from subscriptions, which generated 2.3 billion U.S. dollars in 2015, and ad-supported revenue contributed a further 600 million U.S. dollars.

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