Can Emerging Markets Unlock the Next Era of Streaming Growth by 2030? DMN Pro’s Newest Weekly Report Tackles the (Multi) Billion-Dollar Question

The largest city (Shanghai) in China, where recorded music revenue jumped 25.9% YoY in 2023, per the IFPI. In its latest weekly report, DMN Pro analyzed how these and other strong showings from developing markets factor into tall industry growth forecasts, including from Goldman Sach’s “Music in the Air,” for the remainder of the 2020s. Photo Credit: Hanny Naibaho
Goldman Sachs’ “Music in the Air” report has forecasted over $163 billion worth of industry gross revenue for 2030, in part because of anticipated streaming growth throughout emerging markets. But is the prediction, covering recorded, publishing, and live alike, a bit too bullish?

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