Try our corporate solution for free!
(212) 419-8294
vianny.gutierrez-cruz@statista.com

Music industry in Spain - statistics & facts

Names like Rosalía have elevated national artists to the top in Spain and across international borders, but the reality is that the vast majority of musicians continue to find it difficult to stand out and make a niche in the industry. Due to the recession, many performers lost their contracts with their record company, and had to switch to alternatives such as crowdfunding to produce their music. The recent coronavirus (COVID-19) pandemic has been another setback for the industry, particularly for the live music segment, which posted its worst figures of the last fifteen years in 2020. Despite this, forecasts point to a gradual recovery in the revenue of the Spanish music industry in the coming years.

Streaming: key to the future of the industry

The digitization of the industry has become a fundamental part of industry survival, especially on a stage dominated by cancellations of concerts and festivals during 2020. In fact, incomes from digital music have not only experienced steady growth since 2006, but now account for more than 80 percent of the total sales of Spanish recorded music, despite the renewed popularity of vinyl in the domestic market. .

However, this dominance is also due to the success of platforms such as Spotify. A large part of the Spanish population has an account with the Swedish on-demand music service, whether free or paid. More and more Spaniards are willing to become premium users to avoid advertising and enjoy their favorite songs offline. It is not surprising that subscriptions to different streaming services are the source of about 61 percent of the sales revenue generated by digital music in Spain.

Piracy continues to wreak havoc

The rise of the internet led to novel ways to circumvent copyright protection, and as a result the music industry has suffered huge losses due to piracy. Although the rise of streaming platforms has helped to reduce illegal access to music, the industry losses continue to exceed 500 million euros a year. The biggest problem is that no short or long-term solution has been found. The high price of some digital content and the lack of legal consequences for piracy drive many Spanish users to access digital content through illegal channels.

Key figures

The most important key figures provide you with a compact summary of the topic of "Music industry in Spain" and take you straight to the corresponding statistics.

Music in physical formats

Digital music

Live music

Interesting statistics

In the following 4 chapters, you will quickly find the 23 most important statistics relating to "Music industry in Spain".

Music industry in Spain

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!
TOP SELLER

Music industry in Spain - statistics & facts

Names like Rosalía have elevated national artists to the top in Spain and across international borders, but the reality is that the vast majority of musicians continue to find it difficult to stand out and make a niche in the industry. Due to the recession, many performers lost their contracts with their record company, and had to switch to alternatives such as crowdfunding to produce their music. The recent coronavirus (COVID-19) pandemic has been another setback for the industry, particularly for the live music segment, which posted its worst figures of the last fifteen years in 2020. Despite this, forecasts point to a gradual recovery in the revenue of the Spanish music industry in the coming years.

Streaming: key to the future of the industry

The digitization of the industry has become a fundamental part of industry survival, especially on a stage dominated by cancellations of concerts and festivals during 2020. In fact, incomes from digital music have not only experienced steady growth since 2006, but now account for more than 80 percent of the total sales of Spanish recorded music, despite the renewed popularity of vinyl in the domestic market. .

However, this dominance is also due to the success of platforms such as Spotify. A large part of the Spanish population has an account with the Swedish on-demand music service, whether free or paid. More and more Spaniards are willing to become premium users to avoid advertising and enjoy their favorite songs offline. It is not surprising that subscriptions to different streaming services are the source of about 61 percent of the sales revenue generated by digital music in Spain.

Piracy continues to wreak havoc

The rise of the internet led to novel ways to circumvent copyright protection, and as a result the music industry has suffered huge losses due to piracy. Although the rise of streaming platforms has helped to reduce illegal access to music, the industry losses continue to exceed 500 million euros a year. The biggest problem is that no short or long-term solution has been found. The high price of some digital content and the lack of legal consequences for piracy drive many Spanish users to access digital content through illegal channels.

Interesting statistics

In the following 4 chapters, you will quickly find the 23 most important statistics relating to "Music industry in Spain".

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Vianny Gutierrez-Cruz
Vianny Gutierrez-Cruz
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Ziyan Zhang
Ziyan Zhang
Customer Relations– Contact (Asia)

Mon - Fri, 11:30am - 10pm (IST)

Contact Kisara Mizuno
Kisara Mizuno
Customer Success Manager– Contact (Asia)

Mon - Fri, 9:30am - 5:30pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Catalina Rodriguez
Catalina Rodriguez
Key Account Manager - LAC– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)