In 2024, recorded music revenues in the Middle East and North Africa grew by 22.8 percent, making this the fastest growing region among the seven taken into consideration in an annual report. The second fastest growing region in terms of revenue was Sub-Saharan Africa, who followed closely behind with a growth of 22.6 percent. Latin America, in turn, follwed closely behind as well, having grown by 22.5 percent. By contrast, the revenue growth in the rest of the world remained in single digits.
Music industry revenue growth worldwide in 2024, by region
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IFPI. (March 19, 2025). Music industry revenue growth worldwide in 2024, by region [Graph]. In Statista. Retrieved June 08, 2025, from https://www.statista.com/statistics/1275019/global-music-industry-revenues-growth-by-region/
IFPI. "Music industry revenue growth worldwide in 2024, by region." Chart. March 19, 2025. Statista. Accessed June 08, 2025. https://www.statista.com/statistics/1275019/global-music-industry-revenues-growth-by-region/
IFPI. (2025). Music industry revenue growth worldwide in 2024, by region. Statista. Statista Inc.. Accessed: June 08, 2025. https://www.statista.com/statistics/1275019/global-music-industry-revenues-growth-by-region/
IFPI. "Music Industry Revenue Growth Worldwide in 2024, by Region." Statista, Statista Inc., 19 Mar 2025, https://www.statista.com/statistics/1275019/global-music-industry-revenues-growth-by-region/
IFPI, Music industry revenue growth worldwide in 2024, by region Statista, https://www.statista.com/statistics/1275019/global-music-industry-revenues-growth-by-region/ (last visited June 08, 2025)
Music industry revenue growth worldwide in 2024, by region [Graph], IFPI, March 19, 2025. [Online]. Available: https://www.statista.com/statistics/1275019/global-music-industry-revenues-growth-by-region/