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Introduction

Ovum has updated its forecasts for retail sales of recorded music. In line with last year's main conclusion, the recorded-music sector is firmly a growth market, and Ovum expects sales to rise in each of the years up to and including 2024.

Highlights

  • By the end of the forecast period, retail sales are set to have increased for 10 consecutive years and to have topped the record high set in the late 1990s.

Features and Benefits

  • Details the latest recorded-music retail sales forecasts by Ovum.
  • Explains forecast sales at both a regional and national level, broken out by source.

Key questions answered

  • What share of global recorded-music retail sales will be generated by music subscriptions five years from now?
  • Which of the developed countries will register the best results over the forecast period?

Table of contents

Ovum view

  • Summary
  • Recorded-music retail sales set to top new record
  • Positive outlook with sales rising, albeit at a slowing rate
  • Retail sales to become more US-dominated

Appendix

  • Author