The source forecast that, in 2022, Mexico's music streaming industry would generate approximately 313 million U.S. dollars in revenue, up 15 percent from 273 million dollars a year earlier. The annual figure was projected to continue to increase in the following years, surpassing 400 million dollars by 2026. Mexico's live music industry revenue in 2022 would stand at 174 million dollars, according to estimates.
Music streaming industry revenue in Mexico from 2021 to 2026
(in million U.S. dollars)
* The Statista estimate is based on values in 2022 and the compound annual growth rate from 2021 to 2022 of 14.65%, which were provided by the source. An exponential development of the market was assumed.
** An exponential development of the values was assumed to estimate the annual values between 2022 and 2026, which were provided by the source.
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Statista. (July 15, 2022). Music streaming industry revenue in Mexico from 2021 to 2026 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1327009/music-streaming-industry-revenue-mexico/
Statista. "Music streaming industry revenue in Mexico from 2021 to 2026 (in million U.S. dollars)." Chart. July 15, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1327009/music-streaming-industry-revenue-mexico/
Statista. (2022). Music streaming industry revenue in Mexico from 2021 to 2026 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1327009/music-streaming-industry-revenue-mexico/
Statista. "Music Streaming Industry Revenue in Mexico from 2021 to 2026 (in Million U.S. Dollars)." Statista, Statista Inc., 15 Jul 2022, https://www.statista.com/statistics/1327009/music-streaming-industry-revenue-mexico/
Statista, Music streaming industry revenue in Mexico from 2021 to 2026 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1327009/music-streaming-industry-revenue-mexico/ (last visited November 21, 2024)
Music streaming industry revenue in Mexico from 2021 to 2026 (in million U.S. dollars) [Graph], Statista, July 15, 2022. [Online]. Available: https://www.statista.com/statistics/1327009/music-streaming-industry-revenue-mexico/
