Music Forecasts
MIDiA Research 2025-2032 global music forecasts: Recalibration
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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
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📈 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.