US Music Forecast, 2009 To 2014
January 13, 2010
Why Read This Report
Recorded music revenues declined by more than half in the past decade. The downward trend will continue for the next few years, with revenues stabilizing at around $5.5 billion in 2014. The primary reason for this is that CDs will decline at a compound annual growth rate (CAGR) of 14%, while revenues from digital music will grow at a CAGR of 13%. Forrester has also included a projection for digital music licensing revenues this year. The growth in digital music licensing will be modest and won't offset the decline in recorded music revenues.
Already a Client?
Log in to read this document.
Become a Forrester Client
Customers are the new market-makers, reshaping industries and changing how businesses compete and win. Success depends on how well and how fast you respond. Forrester Research gives you insights and frameworks aligned to your role to shorten the time between a great idea and a great outcome, helping your teams win in the age of the customer. Contact us to learn more.
This report is available for individual purchase ($499 USD).Purchase
Table of Contents
- 2009 Was A Lousy End To A Lousier Decade For The Music Industry
- The Digital Music Market Is Growing Up
- Recorded Music Still Has Some Way To Go Before The Bleeding Stops
- Product Innovation And Flexibility Will Get Music Revenues Out Of This Rut
- Supplemental Material
- Related Research Documents
Music Strategy For Brands: When Brands And Bands Collide
February 23, 2010 | Mark Mulligan
Latin America eCommerce Forecast, 2014 To 2019
January 15, 2015 | Zia Daniell Wigder
Forrester Research World Online Population Forecast, 2014 To 2019 (Global)
April 24, 2014 | Jeff Wray