In 2023, independent record labels in total held the largest share of the global physical music market. Independents' share amounted to **** percent that year. The largest share of the global digital music market was held by Universal Music Group, which remained the biggest record label in the world in 2023.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
Music & Copyright. (April 23, 2024). Revenue market share of the largest record companies worldwide in 2023, by format [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 25, 2026, from /statistics/1264753/record-companies-market-share-by-format/
Music & Copyright. "Revenue market share of the largest record companies worldwide in 2023, by format." Chart. April 23, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 25, 2026. /statistics/1264753/record-companies-market-share-by-format/
Music & Copyright. (2024). Revenue market share of the largest record companies worldwide in 2023, by format. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 25, 2026. /statistics/1264753/record-companies-market-share-by-format/
Music & Copyright. "Revenue Market Share of The Largest Record Companies Worldwide in 2023, by Format." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 23 Apr 2024, /statistics/1264753/record-companies-market-share-by-format/
Music & Copyright, Revenue market share of the largest record companies worldwide in 2023, by format ÌÇÐÄÆƽâ°æ, /statistics/1264753/record-companies-market-share-by-format/ (last visited July 25, 2026)
Revenue market share of the largest record companies worldwide in 2023, by format [Graph], Music & Copyright, April 23, 2024. [Online]. Available: /statistics/1264753/record-companies-market-share-by-format/
