IFPI Digital Music Report 2013: recorded music revenues rise again since 1999
According to the document, in 2012, strong growth in digital sales and services helped fuel a 0.3% rise in global recorded music revenues: the first year of industry growth since 1999.
Moreover, global digital revenues climbed 9%, with major licensed digital services and stores now operating in over 100 markets, as compared to 23 countries only twelve months ago.
The total trade value of Global recorded music industry revenues in 2012 amounts to $16.5 billion, while the previous year it was $16.2 billion.
Other interesting data featured in the report say that in 2012 download sales grew 12% - to 4.3 billion units globally (combining digital singles and albums) - and subscription services saw a 44% rise in the number of fee-paying customers, with 20 million paying subscribers globally in 2012:
Despite the increasing popularity of streaming platforms, then, download stores, such as iTunes and services from Google, Amazon and Microsoft, represent approximately 70% of global digital revenues. Consumers now have more than 500 licensed digital music services operating worldwide, offering 30 million tracks.
You can view and download (in pdf format) the whole report at this address: www.ifpi.org/content/library/DMR2013.pdf