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Compound annual growth rate of global music revenue 2016-2021, by category

Compound annual growth rate of global music revenue between 2016 and 2021, by category

The data describes data on the growth of the global music revenue between 2016 and 2021, broken down by category. The source projected that digital download revenue would decrease by 19.2% annually in the presented period. Music streaming revenue worldwide is project to almost double from 3.3 billion USD in 2015 to 6.22 billion USD in 2020. The majority of this revenue comes from subscriptions, which generated 2.3 billion USD in 2015, and ad-supported revenue contributed a further 600 million USD.

Music streaming 20.7
Live music 3
Physical music -11.6
Digital downloads -19.2