Technology and gaming content trusted in North America and globally since 1999
8,546 Reviews & Articles | 60,012 News Posts

Streaming has consumed 80% of the US music market, was just 7% in 2010

Music streaming has almost completely consumed physical music within the last decade

Jak Connor | Jan 1, 2020 at 02:27 am CST (0 mins, 45 secs reading time)

Music streaming has taken over the US music market. Organizations are now saying it accounts for 80% of the market, compared to only accounting for 7% back in 2010.

The Recording Industry Association of America or RIAA for short has released some new decade long statistics onto their official Twitter page. The RIAA says that over the course of the decade, streaming has become the staple way of accessing music in the music market, surpassing physical media by a landslide.

The above image shows that back in 2010, physical music took the lions share of the market at 52%, digital downloads took 38%, and streaming only had 7%. Now, looking at the 2019 data, streaming has basically eaten physical music, reducing it down to just 9% of the market, while streaming sits strongly at 80%. The increase in streaming is no doubt a result of many more Americans now having a smartphone and downloading apps such as Spotify or Apple Music.

Last updated: Jan 2, 2020 at 06:11 am CST

Buy at Amazon

Apogee Hype Mic - USB Microphone with Analog Compression for Capturing (Hype Mic)

TodayYesterday7 days ago30 days ago
Buy at Amazon
$469.99$349.00$349.00
* Prices last scanned on 4/2/2020 at 5:43 pm CDT - prices may not be accurate, click links above for the latest price. We may earn an affiliate commission.
NEWS SOURCE:engadget.com
Jak Connor

ABOUT THE AUTHOR - Jak Connor

Jak's love for technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

Related Tags