$29.6B
Global recorded-music revenue in 2024
The worldwide recorded-music market grew 4.8% in 2024, its tenth consecutive year of growth.
Source: IFPI Global Music Report 2025, March 19, 2025 ↗Dyme Squad Media Reference
Music Industry & Artist Statistics
Current, sourced figures on the music market, streaming, subscriptions, and artist work. Built for artists, writers, industry partners, and anyone who needs a clear number with context.
Last updated August 18, 2026. Most recent data available from the named sources is shown beside each figure.
The Numbers at a Glance
Music is a global business, but careers are built one audience, one release, and one opportunity at a time. These figures show the scale of the market while keeping the source and scope close to the number.
69.0%
Global recorded-music revenue from streaming
Streaming revenue reached $20.4 billion globally in 2024, the first time it passed $20 billion.
Source: IFPI Global Music Report 2025, March 19, 2025 ↗752M
Paid subscription accounts worldwide
The count of paid subscription accounts grew 10.6% worldwide during 2024.
Source: IFPI Global Music Report 2025, March 19, 2025 ↗$17.7B
U.S. recorded-music revenue in 2024
U.S. revenue rose 3% in 2024 at estimated retail value.
Source: RIAA 2024 Year-End Revenue Report, March 2025 ↗84%
U.S. recorded-music revenue from streaming
Paid subscriptions, ad-supported services, digital and customized radio, and other streaming formats made up the vast majority of U.S. recorded-music revenue.
Source: RIAA 2024 Year-End Revenue Report, March 2025 ↗100M
Average U.S. paid music subscriptions
Paid on-demand subscriptions reached 100 million in 2024, excluding limited-tier services.
Source: RIAA 2024 Year-End Revenue Report, March 2025 ↗$42.45
Median hourly pay for U.S. musicians and singers
This is the May 2024 median wage reported by the U.S. Bureau of Labor Statistics. Earnings vary widely by role, location, and type of work.
Source: U.S. Bureau of Labor Statistics, Musicians and Singers, August 28, 2025 ↗19,400
Average annual U.S. openings for musicians and singers
The U.S. Bureau of Labor Statistics projects this annual average from 2024 through 2034.
Source: U.S. Bureau of Labor Statistics, Musicians and Singers, August 28, 2025 ↗How to Read These Figures
Context Matters
Global and U.S. revenue figures measure the recorded-music market, not every dollar an individual artist earns. Career figures describe a broad occupation, not a guaranteed outcome for an individual performer.
That distinction matters. A useful statistic should help someone ask a better question about their next release, rights, audience, or career plan, not offer a shortcut or a guarantee.
Where the Numbers Come From
Each figure is linked to its original publisher. This page uses government and industry-association reporting, and will be refreshed when major source reports update. The stable links on each statistic make it easier to cite a specific figure.
- IFPI Global Music Report 2025, March 19, 2025
- RIAA 2024 Year-End Revenue Report, March 2025
- U.S. Bureau of Labor Statistics, Musicians and Singers, August 28, 2025
Cite This Page
Dyme Squad Media LLC. “Music Industry & Artist Statistics.” Updated August 18, 2026. dymesquadmedia.com/music-industry-statistics.
Looking for a place to put your story in front of new listeners? Explore music promotion services or apply to get featured.