Digital Media Report - Digital Music

Statista Digital Market Outlook - Segment Report

Digital Media Report - Digital Music Digital Music allows customers to have permanent and unlimited access to music content. The worldwide revenue of US$15.1 billion in 2022 is expected to grow to US$20.1 billion in 2027.


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DescriptionContentTables

The report covers the Digital Media segment Digital Music. Digital music is defined as audio content that is distributed to the end-user over the Internet. This includes paid digital downloads of professionally produced single tracks or albums/compilations as well as on-demand streaming services, either subscription-based or ad-supported. Internet radio, video streams and audio books are not included.

The market segment Digital Music includes the following sub segments:

  • Music Streaming
  • Music Downloads

Note: CAGR: Compound Annual Growth Rate / average growth rate per year

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