SOURCE: RIAA – The Rise and Fall of CD sales volumes in US 1983-2022 feat
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The Rise and Fall of the Compact Disc

The first commercial Compact Disc (CD) was released in 1982 and the CD was planned as the successor to the vinyl record. Developed by Philips and Sony, sales of CDs grew quickly and by 2004 cumulative worldwide sales of audio CDs, CD-ROMs and CD-Rs reached about 30 billion discs and 200 billion by 2007. However, from the beginning of the early 2000s CDs were increasingly being replaced by other forms of digital storage and distribution […]