Digital music market will see strong growth in 2011

In 2011, the digital music market on several fronts increased, so made the IFPI announced in its annual report. Worldwide is now about a third of the muziekverkopen digital. In the Netherlands the share is however significantly lower.

Especially the number of subscribers to streaming services increased; there was an increase of 65 percent was recorded, to a number of 13.4 million. In addition, increased sales of single tracks, with 11 percent, and the number of albums sold with 24 percent. Worldwide revenue from digital music is 5.2 billion dollars. Bruno Mars was the sale of loose songs were the most successful. His songs Just The Way You Are and Grenade were respectively 12.5 million and 10.6 million sold).

The NVPI, the organization that the entertainment industry in the Netherlands represents, estimates the revenue share of digital music at 15 percent. Therefore, the Netherlands remains behind other countries. However, it is the revenue share of digital music to grow; in 2009, reported the NVPI that the revenue share for digital music 6 percent. Globally, the share for digital music at 32 percent, with China, South Korea and the United States are outliers, with respectively 72, 53 and 52 percent.

In recent times opened several streaming services for music and their doors and the popular Spotify expanded to the United States. Users can usually for a fixed amount per month of unlimited music streaming in an online catalogue is made available. The strong increase in subscribers seems to be this model are bearing fruit.


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