By 2023, the digital segment overtook most of the Indian music industry while raking in ** percent of the industry's revenue. Meanwhile, the physical segment's share dropped to one and synchronization and performance rights together accounted for ** percent of revenue shares. This was a dramatic turnover that emerged in the short span of a year.
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FICCI. (March 12, 2024). Revenue distribution of the music industry across India in 2023, by segment [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 20, 2026, from /statistics/1154075/india-music-revenue-share-by-source/
FICCI. "Revenue distribution of the music industry across India in 2023, by segment." Chart. March 12, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 20, 2026. /statistics/1154075/india-music-revenue-share-by-source/
FICCI. (2024). Revenue distribution of the music industry across India in 2023, by segment. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 20, 2026. /statistics/1154075/india-music-revenue-share-by-source/
FICCI. "Revenue Distribution of The Music Industry across India in 2023, by Segment." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 12 Mar 2024, /statistics/1154075/india-music-revenue-share-by-source/
FICCI, Revenue distribution of the music industry across India in 2023, by segment ÌÇÐÄÆÆ½â°æ, /statistics/1154075/india-music-revenue-share-by-source/ (last visited July 20, 2026)
Revenue distribution of the music industry across India in 2023, by segment [Graph], FICCI, March 12, 2024. [Online]. Available: /statistics/1154075/india-music-revenue-share-by-source/