Tag: market data

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Report: global app spending was $50bn in first half of 2020

Could a global pandemic take the shine off the growth in the amount of money people spend on and within mobile apps? It could not. "Consumers spent a combined total of $50.1 billion worldwide on the App Store and Google...
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Report: there were 400m music subscribers globally at end of Q1 2020

There were 341 million people using paid music subscriptions at the end of 2019, according to global music industry body the IFPI. Now we've got an update on that figure, albeit from a different source. Consultancy firm...
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Global recorded music industry grew by 8.2% in 2019 says IFPI

Music industry body the IFPI was due to publish its annual Global Music Report in March, with data on worldwide recorded music revenues in 2019. The launch was postponed due to the Covid-19 pandemic, but the report has now...
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Report: there were 358m music subscribers by the end of 2019

The IFPI has delayed the publication of its Global Music Report, with no new date yet set for its analysis of recorded music figures for 2019. A new report from Counterpoint Research is plugging one of the knowledge gaps:...
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SuperAwesome report: ‘Everyone is a kids and family brand now’

Just as many parents are teachers now, so when it comes to the world of technology and digital services “everyone is a kids and family brand now”. That’s the tagline for a report by kid-tech firm SuperAwesome, which...
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Raine Group predicts recorded-income spike for indie artists

Investment firm Raine Group has a keen interest in the independent music and DIY artists sectors, having put funding into SoundCloud and Amuse, while advising Downtown on its acquisitions of CD Baby and Fuga. Now the company...
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British music labels’ trade income grew by 7.3% in 2019

UK music industry body the BPI has published its annual figures for British labels' trade income – the money that labels actually earn, rather than the 'retail value' of consumer spending on music that was reported by fellow...
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Global recorded music revenues grew to $21.5bn in 2019 says Midia

Music industry body the IFPI will publish its latest Global Music Report on 24 March, revealing the size and growth of the recorded music market in 2019. However, in recent years consultancy firm Midia Research has made...
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Universal Music dominates IFPI’s artist chart of 2019

Congratulations to Taylor Swift, who was named yesterday by the IFPI as its global recording artist of 2019. She tops a chart calculated by aggregating streams, digital and physical sales globally, weighted by the value of...
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TikTok tipped to have 52.2m users in the US by 2021

Research firm eMarketer has published its latest predictions for the growth of TikTok in the US and UK. It claims that in 2019, TikTok doubled its user base in the US from 18.8 million people to 37.2 million. Now it expects...
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France’s recorded music market grew by 5.4% in 2019

French industry body SNEP has published its official market figures for 2019, and they showed an acceleration of growth. In 2018, France’s recorded music market had grown by 1.8%, but last year that kicked up a notch...
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Is Amazon beating Spotify and Apple Music for US subscribers?

Research firm eMarketer has offered a spicy-sounding headline: ‘US Spotify Listeners Surpassed Pandora Listeners in 2019, Sooner than Expected’. That’s based on the company’s prediction last year that Spotify would...