Global music industry revenue growth 2023, by region

Published by Patrick Leu, May 29, 2024
In 2023, recorded music revenues in Sub-Saharan Africa grew by almost 25 percent, making this the fastest growing region among the seven taken into consideration in an annual report. The second fastest growing region in terms of revenue was Latin America, with growth of nearly 20 percent. The revenue growth was smallest in Europe as well as the United States and Canada, the only regions where it stayed in single digits.

Music industry revenue growth worldwide in 2023, by region

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Release date

March 2024

Region

Worldwide

Survey time period

2021 to 2023

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Topics

Music industry in EuropeMusic consumption in the U.S.Digital Music in the United StatesMusic streamingLive music in the United States
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