In 2022, Universal Music Group had a physical revenue market share of 27.6 percent, and also held the highest digital share that year among the individual companies, remaining the largest record company in the world. While Sony saw a slight drop in their physical revenue market shares, independent record companies reached a share of 43.7 percent, making up the largest part of the market.
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Physical revenue market share of the largest record companies worldwide from 2011 to 2022
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.
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Music & Copyright. (April 25, 2023). Physical revenue market share of the largest record companies worldwide from 2011 to 2022 [Graph]. In Statista. Retrieved July 08, 2025, from https://www.statista.com/statistics/301007/record-companies-physical-revenue-market-share/
Music & Copyright. "Physical revenue market share of the largest record companies worldwide from 2011 to 2022." Chart. April 25, 2023. Statista. Accessed July 08, 2025. https://www.statista.com/statistics/301007/record-companies-physical-revenue-market-share/
Music & Copyright. (2023). Physical revenue market share of the largest record companies worldwide from 2011 to 2022. Statista. Statista Inc.. Accessed: July 08, 2025. https://www.statista.com/statistics/301007/record-companies-physical-revenue-market-share/
Music & Copyright. "Physical Revenue Market Share of The Largest Record Companies Worldwide from 2011 to 2022." Statista, Statista Inc., 25 Apr 2023, https://www.statista.com/statistics/301007/record-companies-physical-revenue-market-share/
Music & Copyright, Physical revenue market share of the largest record companies worldwide from 2011 to 2022 Statista, https://www.statista.com/statistics/301007/record-companies-physical-revenue-market-share/ (last visited July 08, 2025)
Physical revenue market share of the largest record companies worldwide from 2011 to 2022 [Graph], Music & Copyright, April 25, 2023. [Online]. Available: https://www.statista.com/statistics/301007/record-companies-physical-revenue-market-share/