Music Forecasts
Recalibration
MIDiA Research 2025-2032 global music forecasts:Sign up for access to the video
Sign up to be part of an exclusive group of industry professionals receiving access to a walkthrough where our expert team explains why the numbers are where they are today and where they're headed tomorrow.
The global music industry is entering a pivotal phase of recalibration, marked by changing growth patterns, increasing complexity, and geographical shifts. MIDiA Research 2025-2032 global music forecasts delivers a comprehensive analysis of these evolving trends and what they mean for the future of the music industry.
Key highlights from the report
- Following a strong 2023, 2024 saw a slowdown, with global recorded music revenues growing by only 4.5%, slightly below MIDiA’s bear-case forecast
- Including expanded rights, global recorded music revenues in 2024 reached $64.8 billion (retail) and $35.9 billion (label trade)
- Ad-supported revenue remained flat, challenged by user migration to subscriptions in Western markets and increased competition for advertising spend
Join to get access to our music forecast summary where our expert analysts discuss the report's key insights.
📈 MIDiA clients can access the full report and dataset here.
View the full report2024-2031 forecasts: Rise of the Global South
Published in 2024, MIDiA Research global music forecasts 2024–2031: Rise of the Global South was the tenth edition of our music forecasting series. It provided an in-depth look at the 2024 music market, detailed revenue breakdowns across existing and emerging categories, and a focus on global market shifts.
What the 2024-2031 report covered
- Forecasts for expanded rights and non-DSP streaming
- Analysis of how the Global South and fan economy are reshaping the global music business
📈 MIDiA clients can still access the full report and dataset here.