Forecast Report

US Music Forecast, 2009 To 2014

January 13th, 2010
With contributors:
Mark Mulligan , Seth Fowler , Laura Wiramihardja


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.

Want to read the full report?

This report is available for individual purchase ($1495).

Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.