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Music sales value: digital and physical music from Spain 2001-2019

Since the first records in 2006, sales of music consumed in digital format has only experienced growth, turning the tables of the audio format industry in 2016, year in which sales from music recorded digitally surpassed those of music in physical formats. In 2018, the sales value of digital music in Spain stood at 169 million euros, whereas physical formats amounted to only 65.2 million euros during the same year. This represented a decrease of almost 14 percent in the sales of music in physical formats compared to 2017.

Streaming subscriptions – a gold mine for the music industry

Streaming is the new downloading, according to the most recent figures. Most of the revenues generated from the digital music industry in Spain originated in streaming services, with a turnover that amounted to 123 million euros in 2018 that was expected to reach 188 million by the year 2023. These earnings were majorly a result of the distribution of streaming subscriptions, which returned revenues of about 115.3 million euros during the same period.

Spotify – the indisputable leader of music streaming

There were more monthly searches on Spotify than on any other music streaming platform in Spain in 2018, as the latest data show. The Swedish media provider clocked up 673 thousand searches per month on its platform in 2018, representing a much larger figure than the runner-up on the list, YouTube, which recorded 74 thousand monthly searches throughout the same year. As reported by almost half of the Spaniards in 2019, these platforms are used mainly in their free-of-charge versions, with only 23 percent of the population having a paid subscription to use their services.

Sales value of physical and digital sales of music recorded in Spain from 2001 to 2019

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Source

Release date

June 2020

Region

Spain

Survey time period

2001 to 2019

Supplementary notes

The data covers music that was recorded in Spain. Figures have been rounded.
Data prior to 2018 collected from previous versions of the report.

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Statistics on "Music industry in Spain"

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