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Latin America: music industry key figures 2017
Latin America: music industry key figures 2017
Selected key figures regarding the recorded music industry in Latin America in 2017

Selected key figures regarding the recorded music industry in Latin America in 2017
Streaming revenue growth (in percent) | 48.9 |
Revenue growth (in percent) | 17.7 |
Number of music streaming paid accounts* (in millions) | 16 |
Number of Latin international breakout hits a year** | 10 |
Number of times the 2017 song Despacito was streamed worldwide*** (in billions) | 7.5 |
Streaming revenue growth (in percent) | 48.9 |
Revenue growth (in percent) | 17.7 |
Number of music streaming paid accounts* (in millions) | 16 |
Number of Latin international breakout hits a year** | 10 |
Number of times the 2017 song Despacito was streamed worldwide*** (in billions) | 7.5 |
© Statista 2019
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Description
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Although streaming has been able to break several geographic barriers, the region's main challenge remains the lack of subscription options in a region where people tend to prefer free music consumption and in which a large number of consumers do not own a credit card.
- Show sources information
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- Release date
- April 2018
- Region
- Central and South America, Mexico
- Survey time period
- 2017
- Supplementary notes
-
* More precisely, the source mentions "about 15-16 million paid accounts in a continent of 650 million people."
** The source refers to Latin international breakout hits as the Latin songs becoming hits outside the region. As described by the source, the recorded music industry in the region has seen an increase in the number of international hits mainly due to the barriers that streaming technology has been able to break down.
*** Streamed worldwide as of April 2018 in both YouTube and Spotify, including the original and the Justin Bieber-featuring remix version.
Source
- Show sources information
- Show publisher information
- Release date
- April 2018
More information
- Region
- Central and South America, Mexico
- Survey time period
- 2017
- Supplementary notes
-
* More precisely, the source mentions "about 15-16 million paid accounts in a continent of 650 million people."
** The source refers to Latin international breakout hits as the Latin songs becoming hits outside the region. As described by the source, the recorded music industry in the region has seen an increase in the number of international hits mainly due to the barriers that streaming technology has been able to break down.
*** Streamed worldwide as of April 2018 in both YouTube and Spotify, including the original and the Justin Bieber-featuring remix version.
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