MIDiA Research Archives

The Classical Music Market report commissioned by IDAGIO

Is classical music streaming’s next genre?

01/07/2019

Is classical music streaming’s next genre? was the question asked by a MIDiA survey commissioned by classical music streamer IDAGIO. The results which are published in a 26 page report show that classical music streaming grew 46% in 2018 representing 37% of the total classical music market which is worth $384 million globally. The US was the largest classical music region with 38% of the global market revenue and 63% of the streaming market revenue. […]

Music streaming forecast to double by 2026

25/03/2019

Music streaming is forecast to double by 2026 according to media and technology analysts, MIDiA Research. MIDiA has just published its global music forecasts, with revenue and user numbers projected out to 2026 which show that the market almost double from $19.6 billion in 2018 (in retail terms) to $45.3 billion in 2026. Growth rates have started to decline reflecting maturation of developed streaming markets such as the US, UK, Sweden, Netherlands and Australia. As […]

Japan should look to China for future streaming growth

09/02/2019

Japan should look to China for future streaming growth according to media and technology analysts, MIDiA Research. Despite being the world’s second largest recorded music market accounting for 14% of the global total, Japanese recorded music revenues fell by 3.3% in 2018 (US dollar value) or 1.8% (Yen value). Although streaming was up 30% in 2018, physical sales still accounted for 69% of all revenues. CD sales and monetising fandom One of the major drivers […]

SOURCE: MIDiA Research - Global music revenues and market shares, 2018

Global music revenues forecast to hit $18.9 Bn in 2018

02/01/2019

Global music revenues forecast to hit $18.9 Bn in 2018 according to media and technology analysts, MIDiA Research. Full year results from the major labels and IFPI won’t be available until March/April next year but Warner Music Group has published its full year results to 30th September 2018 here. MIDiA has produced forecasts for 2018 based on the first three quarters of the year and early indicators for Q4 using data from record labels, national […]

Global Streaming Market Share for the first half of 2018

Streaming music subscribers reach 230 million worldwide

29/09/2018

Music subscribers grew by 16% in the first half of 2018 to reach 229.5 million, up from 198.6 million at the end of 2017 according to media and technology analysts, MIDiA Research. Year-on-year the global subscriber base increased by 38%, adding 62.8 million subscribers compared to 60.8 million net new subscribers added between H1 2016 and H1 2017. Continued growth is expected in the relatively undeveloped markets of Japan, Germany, Brazil, Mexico and Russia with […]