The global music industry surpassed 4 trillion streams in 2023, a new single-year record.
Country, Latin, and world genres experienced significant growth in 2023, while Spanish-language music's share of streams in the U.S. increased and English-language music's share decreased.
Taylor Swift was a dominant force in the U.S. music market, accounting for a significant portion of on-demand audio streams and having multiple albums in the top 10 chart.