Music streaming is the dominant recorded-music revenue format, but revenue, accounts, streams and album-equivalent consumption measure different things. The dataset below covers global and national results for 2024 and 2025, with format comparisons where they clarify the transition.
Key Music Streaming Statistics
The most useful headline figures span global scale, regional growth and national streaming adoption:
- In 2025, global recorded-music revenue reached US$31.7 billion, up 6.4% year over year.
- In 2025, global streaming revenue exceeded US$22 billion and represented 69.6% of recorded-music income.
- In 2025, paid-subscription streaming revenue grew 8.8% and accounted for 52.4% of global recorded-music revenue.
- In 2025, users of paid streaming subscription accounts reached 837 million globally; this is not necessarily a count of unique people.
- In 2024, global recorded-music trade revenue reached US$29.6 billion, up 4.8% year over year.
- In 2024, global streaming revenue reached US$20.4 billion, representing 69.0% of recorded-music revenue.
- In 2025, global physical-format revenue increased 8.0%, alongside continued streaming-led growth.
- In 2025, global vinyl revenue increased 13.7%, marking the format’s 19th consecutive year of growth.
- In 2025, Asia’s recorded-music revenue grew 10.9%, while Asia accounted for 45.1% of global physical-format revenue.
- In 2025, Latin American recorded-music revenue grew 17.1%, with streaming at 88.1% of regional revenue.
- In 2025, US total streaming revenue reached US$9.4745 billion, up 3.1% year over year.
- In 2025, US premium paid-subscription accounts reached 106.5 million, up 6.5% from 2024.
- In 2025, UK streaming consumption rose 5.5% and reached 89.3% of total recorded-music consumption.
- In 2024, Germany recorded more than 236 billion music streams, up 11% from 2023.
- In 2024, Australian subscription services generated A$509 million, representing 71.0% of the total music market.
- In 2024, paid streaming contributed 77.4% of European Union recorded-music revenue growth.
Contents
- Key Music Streaming Statistics
- Global Music Streaming Revenue and Paid Accounts
- Streaming Compared With Physical Music Formats
- Regional Music Streaming Growth and Concentration
- United States Streaming Revenue and Format Mix
- United Kingdom Streaming Consumption and Format Transition
- Germany and Australia Streaming Data
- How 2024 Regional Markets Differed in Streaming-Led Growth
Global Music Streaming Revenue and Paid Accounts
IFPI reported global recorded-music revenue of US$31.7 billion in 2025, up 6.4% year over year. Streaming revenue exceeded US$22 billion and represented 69.6% of recorded-music income, while paid-subscription streaming revenue grew 8.8% and accounted for 52.4%.
Source: IFPI Global Music Report 2026.
Users of paid streaming subscription accounts reached 837 million in 2025. IFPI’s account-based measure is not necessarily a deduplicated count of people across services.
The 2024 comparison was US$29.6 billion in global recorded-music trade revenue, up 4.8%, with streaming at US$20.4 billion, or 69.0% of recorded-music revenue. Paid-subscription streaming revenue increased 9.5%, and paid subscription-account users rose 10.6% to 752 million.
| Global measure | 2024 | 2025 |
|---|---|---|
| Recorded-music revenue | US$29.6 billion | US$31.7 billion |
| Streaming share of recorded-music revenue | 69.0% | 69.6% |
| Paid subscription-account users | 752 million | 837 million |
| Paid-subscription streaming revenue growth | 9.5% | 8.8% |
Sources: IFPI 2024 global revenue; IFPI Global Music Report 2026. Figures may be restated with exchange-rate updates.
Streaming Compared With Physical Music Formats
Streaming dominates recorded-music income, while physical formats remain measurable. Global physical-format revenue increased 8.0% in 2025, vinyl revenue increased 13.7% for its 19th consecutive year of growth, and performance-rights revenue reached US$2.9 billion, up 0.3%.
In 2024, global physical-format revenue declined 3.1%, vinyl revenue increased 4.6% for its 18th consecutive year of growth, and performance-rights revenue reached US$2.9 billion, up 5.9%.
Sources: IFPI Global Music Report 2026; IFPI 2024 global revenue.
| US physical measure | 2024 result |
|---|---|
| Physical-format revenue | US$2.0 billion, up 5% |
| Vinyl revenue | US$1.4 billion, up 7% |
Source: RIAA 2024 Year-End Revenue Report. Revenue, units and streams are different measures.
Regional Music Streaming Growth and Concentration
| Region or market | 2025 recorded-music result |
|---|---|
| USA and Canada | Grew 3.5%; 38.7% of global revenue |
| United States | Grew 3.3% |
| Canada | Grew 5.6% |
| Europe | Grew 5.6%; 30.4% of global revenue |
| Asia | Grew 10.9%; 45.1% of global physical-format revenue |
| China | Grew 20.1% |
| Japan | Grew 8.9% |
| Latin America | Grew 17.1%; streaming was 88.1% of regional revenue |
| Brazil | Grew 14.1% |
Source: IFPI Global Music Report 2026.
The regional figures show why growth and streaming concentration should be read separately. A market’s growth rate measures revenue change, while a streaming share measures the portion of recorded-music revenue attributed to streaming.
United States Streaming Revenue and Format Mix
RIAA recorded US wholesale recorded-music revenue of US$11.5353 billion in 2025, up 3.1%. The 2025 report uses wholesale dollar value, unlike the prior retail-value presentation.
US premium paid-subscription accounts reached 106.5 million, up 6.5%, and premium paid-subscription revenue reached US$5.8811 billion, up 6.8%. Accounts are not necessarily unique people.
| US 2025 measure | Result |
|---|---|
| Total streaming revenue | US$9.4745 billion, up 3.1% |
| Premium paid-subscription revenue | US$5.8811 billion, up 6.8% |
| Premium paid-subscription accounts | 106.5 million, up 6.5% |
| Non-premium paid-subscription revenue | Down 4.5% |
| Free-streaming revenue | Down 0.6% |
| Other-streaming revenue | Down 3.8% |
| Total-download revenue | US$272.6 million, down 0.8% |
| Vinyl units | 46.8 million, up 7.9% |
| CD units | 29.5 million, down 11.6% |
| Total physical revenue | US$1.3810 billion, up 5.0% |
Source: RIAA Year-End Recorded Music Revenue Report 2025. The total streaming result combines categories with different directions.
United Kingdom Streaming Consumption and Format Transition
UK recorded-music consumption reached 210.3 million albums or streamed equivalents in 2025, up 4.9%. UK audio streaming accumulated 210.3 billion streams, while streaming consumption rose 5.5% to 89.3% of total recorded-music consumption.
| UK measure | Result |
|---|---|
| Audio streaming, 2025 | 210.3 billion streams |
| Streaming share, 2025 | 89.3% of consumption |
| Vinyl LP sales, 2025 | 7.6 million units, up 13.3% |
| Physical-format album sales, 2025 | 17.6 million units, up 1.4% |
| Audio streaming, 2024 | 199.6 billion streams, up 11.0% |
| Streaming share, 2024 | 88.8%, compared with 87.7% in 2023 |
| Single-week audio streams, May 2024 | More than 4 billion |
Sources: BPI UK recorded music in 2025; BPI Playback 2024. Album-equivalent figures convert sales and streams into the Official Charts consumption measure and are not identical to raw stream counts.
Germany and Australia Streaming Data
Germany’s recorded-music retail revenue reached €2.38 billion in 2024, up 7.8%. Audio streaming generated 78.1% of industry revenue, with audio-streaming sales up 12.6%; BVMI reports revenue at retail basis including VAT.
Germany also recorded more than 236 billion music streams in 2024, up 11% from 2023. The stream count includes advertising-funded and premium streams lasting at least 31 seconds and is not a revenue measure.
Sources: Music industry in Germany 2024; BVMI music streaming use in 2024.
| Australian 2024 measure | Result |
|---|---|
| Recorded-music wholesale sales | A$717 million, up 6.1% |
| Subscription services | A$509 million; 71.0% of total market; up 8.9% |
| Digital music market | A$656 million; 91.5% of total market |
Source: ARIA Recorded music continues to grow in Australia. ARIA reports wholesale sales.
How 2024 Regional Markets Differed in Streaming-Led Growth
The European Union recorded €5.7 billion in revenue in 2024, up 9.1%, and represented 20.7% of global recorded-music revenue. Paid streaming contributed 77.4% of EU recorded-music revenue growth.
| Region or market | 2024 growth | Share or streaming measure |
|---|---|---|
| USA and Canada | 2.1% | 40.3% of global revenue |
| Europe | 8.3% | 29.5% of global revenue |
| Latin America | 22.5% | Streaming was 87.8% of regional revenue |
| European Union | 9.1% | Paid streaming drove 77.4% of revenue growth |
Sources: IFPI Music in the EU 2025; IFPI 2024 global revenue.
These comparisons use reported regional revenue measures and stated streaming shares, not a universal listener-penetration rate or cross-service count of unique users. Valuation bases also differ: IFPI reports trade or industry revenue, RIAA’s 2025 US report uses wholesale value, BVMI uses retail value including VAT, and ARIA reports wholesale sales.