By 2023, the digital segment overtook most of the Indian music industry while raking in 87 percent of the industry's revenue. Meanwhile, the physical segment's share dropped to one and synchronization and performance rights together accounted for 12 percent of revenue shares. This was a dramatic turnover that emerged in the short span of a year.
Revenue distribution of the music industry across India in 2023, by segment
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FICCI. (March 12, 2024). Revenue distribution of the music industry across India in 2023, by segment [Graph]. In Statista. Retrieved September 19, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1154075/india-music-revenue-share-by-source/
FICCI. "Revenue distribution of the music industry across India in 2023, by segment." Chart. March 12, 2024. Statista. Accessed September 19, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1154075/india-music-revenue-share-by-source/
FICCI. (2024). Revenue distribution of the music industry across India in 2023, by segment. Statista. Statista Inc.. Accessed: September 19, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1154075/india-music-revenue-share-by-source/
FICCI. "Revenue Distribution of The Music Industry across India in 2023, by Segment." Statista, Statista Inc., 12 Mar 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1154075/india-music-revenue-share-by-source/
FICCI, Revenue distribution of the music industry across India in 2023, by segment Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1154075/india-music-revenue-share-by-source/ (last visited September 19, 2024)
Revenue distribution of the music industry across India in 2023, by segment [Graph], FICCI, March 12, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1154075/india-music-revenue-share-by-source/