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Browsing: Music records
- Sub-Saharan Africa recorded music market revenue grew by 34.7 percent in 2022 becoming the fastest growing market in the world.
- SSA growth was largely driven largely by a significant boost to revenues in the region’s largest market, South Africa that grew 31.4 percent.
- Recorded music revenues grew in every region around the world in 2022.
Sub-Saharan Africa recorded music revenue market grew by 34.7 percent in 2022 becoming the fastest growing market in the world in the period under review, according to International Federation of Phonographic Industry (IFPI), the organisation that represents the recorded music industry worldwide latest report.
Figures released on Tuesday shows that SSA growth was largely driven by a significant boost to revenues in the region’s largest market, South Africa that grew 31.4 percent.
“It continues to be a very exciting time for music in Sub-Saharan Africa. In an incredibly nuanced market with lots of different cultures …