Music industry reference

Music Industry Statistics: 2026

Nine current facts about the recorded-music market, organized for independent artists, writers, and anyone following where the business is moving.

Last updated November 3, 2026

The music business is bigger than a platform, a release date, or a single format. These figures give the wider market some useful shape, from the scale of global streaming to the continued appetite for music people can hold in their hands.

Each statistic links to the original reporting organization. Figures describe recorded music, not every source of income an artist may earn.

01$31.7B

Global recorded-music revenue in 2025

The worldwide recorded-music market grew 6.4% in 2025, its eleventh consecutive year of growth.

Source: IFPI Global Music Report 2026 ↗Published March 18, 2026
0269.6%

Share of global recorded-music revenue from streaming in 2025

Streaming revenue surpassed $22 billion worldwide, making it the largest part of the recorded-music market.

Source: IFPI Global Music Report 2026 ↗Published March 18, 2026
0352.4%

Share of global recorded-music revenue from paid subscriptions in 2025

Paid subscription streaming grew 8.8% over the year, according to IFPI.

Source: IFPI Global Music Report 2026 ↗Published March 18, 2026
04837M

Users of paid streaming subscription accounts worldwide at the end of 2025

This count reflects the scale of the listener base behind paid music streaming around the world.

Source: IFPI Global Music Report 2026 ↗Published March 18, 2026
05+8.0%

Growth in global physical-format revenue in 2025

Physical revenue returned to growth, supported by demand for tangible music experiences.

Source: IFPI Global Music Report 2026 ↗Published March 18, 2026
07+17.1%

Growth in Latin American recorded-music revenue in 2025

Latin America was the fastest-growing global region in IFPI’s 2025 results, with streaming accounting for 88.1% of the region’s revenue.

Source: IFPI Global Music Report 2026 ↗Published March 18, 2026
08$17.7B

U.S. recorded-music revenue at estimated retail value in 2024

The U.S. market grew 3% in 2024, according to the Recording Industry Association of America.

Source: RIAA 2024 Year-End Revenue Report ↗Published March 2025
09100M

Paid music-streaming subscriptions in the U.S. in 2024

RIAA reported that paid subscriptions reached 100 million for the first time, while streaming accounted for 84% of U.S. recorded-music revenue.

Source: RIAA 2024 Year-End Revenue Report ↗Published March 2025

What these numbers suggest

Build for listeners, then give them more than one way to stay close.

Streaming remains the center of the recorded-music economy, so a clear artist profile, dependable release information, and a thoughtful path from one song to the next matter. At the same time, growth in physical formats and vinyl is a reminder that committed listeners still value an object, a story, and a deeper relationship with the work.

Numbers do not replace an artist’s point of view. They do make one thing clear: the audience is global, the choices around a release are connected, and care in the details gives good music a better chance to travel.

Sources and methodology

How this page is kept useful.

This page uses public reporting from the International Federation of the Phonographic Industry and the Recording Industry Association of America. Every figure above is linked directly to its source and labeled with the reporting period. The page is reviewed monthly, or sooner when a source publishes a meaningful update.

Cite this page

P. G. Entertainment Group. “Music Industry Statistics: 2026.” Accessed November 3, 2026. https://terrygreenemusic.com/music-industry-statistics.