In 2023, the Warner Music Group held a digital revenue market share of 16.8 percent, down slightly from 17.2 percent in the previous year. Universal Music Group remained the world's largest record company with a market share of 32.7 percent, with independents coming in at second place with 27.3 percent of the market.
Digital revenue market share of the largest record companies worldwide from 2011 to 2023
Percentage points missing to or exceeding 100 percent are likely due to rounding. Figures for EMI after 2012 are not provided by the source due to the restructuring of EMI Music group and acquisitions of its separate divisions by Sony and UMG. Figures before 2020 come from previous publications.
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Music & Copyright. (April 23, 2024). Digital revenue market share of the largest record companies worldwide from 2011 to 2023 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/301005/record-companies-digital-revenue-market-share/
Music & Copyright. "Digital revenue market share of the largest record companies worldwide from 2011 to 2023." Chart. April 23, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/301005/record-companies-digital-revenue-market-share/
Music & Copyright. (2024). Digital revenue market share of the largest record companies worldwide from 2011 to 2023. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/301005/record-companies-digital-revenue-market-share/
Music & Copyright. "Digital Revenue Market Share of The Largest Record Companies Worldwide from 2011 to 2023." Statista, Statista Inc., 23 Apr 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/301005/record-companies-digital-revenue-market-share/
Music & Copyright, Digital revenue market share of the largest record companies worldwide from 2011 to 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/301005/record-companies-digital-revenue-market-share/ (last visited November 10, 2024)
Digital revenue market share of the largest record companies worldwide from 2011 to 2023 [Graph], Music & Copyright, April 23, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/301005/record-companies-digital-revenue-market-share/
