U.S. Music Consumption Saw Double-Digit Growth in 2023 as Streaming Surged, Sales Rebounded ...Middle East

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U.S. Music Consumption Saw Double-Digit Growth in 2023 as Streaming Surged, Sales Rebounded
Taylor Swift dominated the U.S. market in 2023 by accounting for 1.8% of music consumption and one out of every 78 audio streams, according to Luminate’s 2023 year-end report released Wednesday (Jan. 10). But even without Swift, last year Americans streamed a record amount of music and purchased more albums than the year before.  U.S. music consumption grew 12.6% in 2023 to 1.1 billion units (measured as album sales plus track equivalent albums and streaming equivalent albums). With that double-digit gain, the U.S. market easily exceeded the 9.2% improvement from 2022 and had its biggest one-year gain since consumption

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