![]() ![]() So, without further ado, here are the best cost-effective music distribution services that you can leverage. This is especially true for those that starting out. So, to give your promotions and distributions a boost, you need all the help that you need. However, it can be quite hard to promote music, especially in a saturated market. Many musicians and producers are surely going to ride this wave. And, music downloads will reach $1.8 billion for a total of $24.8 billion.Ĭome 2025, the global revenue is projected to reach $34.8 billion. By the end of 2021, experts predict that global revenue from streaming will reach $23.1 billion. The Digital Music Segment is showing average growth rates of about 9.9% every year. The growth, as many suggest, is because of streaming. In the same period, Germany’s recording industry grew 4.8% on a retail basis. This is just in the first half of the year. The recording industry in Spain saw an increase of 4% in wholesale revenue. It is not only the US music industry that experienced growth. In the first half of the year, wholesale and retail revenues reached $3.7 billion and $5.7 billion respectively. Despite the COVID-19 pandemic, the US music industry had a good showing in 2020.
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