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Introduction

Ovum has updated its forecasts for retail sales of recorded-music. Like last year's projections, the main conclusion is that the recorded-music sector is firmly a growth market, and Ovum expects sales in each of the years up to and including 2023 to rise.

Highlights

  • Virtually all developed markets are benefiting from rising consumer interest in subscriptions and streaming, and, perhaps most importantly for the sector, many of the much-vaunted and piracy-dominated emerging markets will start to show their worth.

Features and Benefits

  • Details the latest recorded-music retail sales forecasts for 2018 through 2023.
  • Assesses retail sales by source and how the subscription sector is bringing piracy-dominated markets back to life.

Key questions answered

  • What share of global recorded-music retail sales with be generated by China in 2023?
  • Which of the leading recorded-music markets will increase their share of global retail sales?

Table of contents

Ovum view

  • Summary
  • A sustained period of recorded-music growth
  • Flirtation with multiple formats set to end
  • The US set to outperform global retail sales

Appendix

  • Author

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