Tag: market data

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Spotify and YouTube publish trend reports on Gen-Z habits

The Cannes Lions is very much a festival of Companies Showing How Deeply They Understand Generation-Z - two companies in our space included.
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Report claims 10m K-Pop albums were sold in May 2022 alone

We already know that the superfandom around top K-Pop artists extends to buying albums rather than just streaming them.
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J.P. Morgan predicts $7bn of Apple Music revenues in 2025

This is part of some wider forecasts for the overall music streaming market, which J.P. Morgan expects to be worth $55bn by 2025.
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$153bn by 2030? Goldman Sachs raises its music industry revenue forecasts

The music industry loves Goldman Sachs' predictions for its future revenues: the kind of big numbers that get investors salivating.
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Report: Africa’s music streaming market to be $314.6m by 2026

According to the IFPI, Sub-Saharan Africa generated $70.1m of revenues from recorded music in 2021.
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Esports audience predicted to grow to 532m people this year

Newzoo is one of the research firms that knows its onions when it comes to games and esports, so its latest predictions for the latter sector are useful reading
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Report claims YouTube is bigger than Spotify for podcasts

Remember the speculation – very much encouraged by Spotify – that it was overtaking Apple for podcast listening?
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Study explores major and indie shares of top Spotify playlists

Music Tomorrow has published an study of some of Spotify's top playlists, analysing the respective shares of major and independent labels.
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Electronic music’s value grew to $6bn in 2021

The electronic music sector has bounced back from the Covid-19 hit it took in 2020, but has yet to regain its pre-pandemic heights.
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Linktree report tries to quantify the creator economy

Smart-links company Linktree has been running the numbers for its 2022 Creator Report, based on interviews with more than 9,500 people who are creating content for social media platforms.
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Spending on music and audio apps grew to $1.95bn in 2021

There are also some interesting quarterly charts of the top music and audio apps ranked by downloads.
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Majors slightly increased their market share in 2021

Research journal Music & Copyright has published its annual market-share figures for music publishers and labels, covering 2021.