Global music streaming revenue increased by 11.5 percent worldwide in 2022, and now accounts for 67 percent of total global recorded music revenue. Whilst streaming is now the music industry's main revenue driver worldwide, growth has slowed down dramatically since 2016 when streaming revenue growth surpassed 65 percent year on year.
Growth in music streaming revenue worldwide from 2013 to 2022
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IFPI. (March 22, 2023). Growth in music streaming revenue worldwide from 2013 to 2022 [Graph]. In Statista. Retrieved September 18, 2024, from https://www.statista.com/statistics/537066/growth-music-streaming-revenue/
IFPI. "Growth in music streaming revenue worldwide from 2013 to 2022." Chart. March 22, 2023. Statista. Accessed September 18, 2024. https://www.statista.com/statistics/537066/growth-music-streaming-revenue/
IFPI. (2023). Growth in music streaming revenue worldwide from 2013 to 2022. Statista. Statista Inc.. Accessed: September 18, 2024. https://www.statista.com/statistics/537066/growth-music-streaming-revenue/
IFPI. "Growth in Music Streaming Revenue Worldwide from 2013 to 2022." Statista, Statista Inc., 22 Mar 2023, https://www.statista.com/statistics/537066/growth-music-streaming-revenue/
IFPI, Growth in music streaming revenue worldwide from 2013 to 2022 Statista, https://www.statista.com/statistics/537066/growth-music-streaming-revenue/ (last visited September 18, 2024)
Growth in music streaming revenue worldwide from 2013 to 2022 [Graph], IFPI, March 22, 2023. [Online]. Available: https://www.statista.com/statistics/537066/growth-music-streaming-revenue/