Indian Music Industry

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Indian Music IndustryINDIAN MUSIC INDUSTRY AT A GLANCE IN 2012 - 2013 Indian Music Industry

The Indian music industry, estimated to be worth Rs 8.53 billion a couple of years back, registered a growth of 9.64 per cent over the previous few years.

It is estimated that by 2015, the share of physical revenues is expected to decline to six per cent of the total music industry revenue, according to FICCI-KPMG estimates.

A consistent volume de-growth of physical formats, coupled with factors such as price erosion, piracy, emergence of non-physical formats such as mobile value added services, has contributed to the changing revenue mix for the Indian Music Industry.

The Indian music industry is expected to grow at a CAGR of 17 per cent to Rs 18.66 billion by 2015, with digital music acting as a key growth driver.

Indian Music Industry  INDIAN music INDUSTRY AT A Glance IN 2011 - 2012

Indian Industry  back to music INDUSTRies