In 2023, independent record labels in total held the largest share of the global physical music market. Independents' share amounted to 43.7 percent that year. The largest share of the global digital music market was held by Universal Music Group, which remained the biggest record label in the world in 2023.
Revenue market share of the largest record companies worldwide in 2023, by format
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Music & Copyright. (April 23, 2024). Revenue market share of the largest record companies worldwide in 2023, by format [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1264753/record-companies-market-share-by-format/
Music & Copyright. "Revenue market share of the largest record companies worldwide in 2023, by format." Chart. April 23, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1264753/record-companies-market-share-by-format/
Music & Copyright. (2024). Revenue market share of the largest record companies worldwide in 2023, by format. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1264753/record-companies-market-share-by-format/
Music & Copyright. "Revenue Market Share of The Largest Record Companies Worldwide in 2023, by Format." Statista, Statista Inc., 23 Apr 2024, https://www.statista.com/statistics/1264753/record-companies-market-share-by-format/
Music & Copyright, Revenue market share of the largest record companies worldwide in 2023, by format Statista, https://www.statista.com/statistics/1264753/record-companies-market-share-by-format/ (last visited December 21, 2024)
Revenue market share of the largest record companies worldwide in 2023, by format [Graph], Music & Copyright, April 23, 2024. [Online]. Available: https://www.statista.com/statistics/1264753/record-companies-market-share-by-format/
