US internet users were far more likely to purchase music on a computer than on a mobile device, at 50.0% vs. 27.3%.
Since peaking at $14.6 billion in 1999, the recording industry has shrunk to less than half its size, barely besting $7 billion in 2012.
Estimates from research firm IBIS World project that worldwide revenues for music will fall from $27.6 billion this year to $26.3 billion by 2017.
eMarketer estimates that 147 million internet users will listen to such content at least monthly this year, or roughly six in 10 internet users.
More than one in five Americans will listen to music on their mobile phones this year.
This infographic from Sol Republic illustrates how we discover and enjoy music in the age of social media.
56% of US smart phone owners used their phone for listening to music.
Of the streaming services used by US music listeners, Pandora’s free service dominated, in use by 39% of respondents.
AM/FM radio is still the primary method for music listening, cited by 24% of respondents.
Watch a video infographic that illustrates the state of digital music in 2013.