The Unequal Pie: How AI and Tech Are Redrawing the Global Music Economy Between the U.S. and Asia-Pacific
The Global Score: One Big Market, Two Realities In 2024, the global recorded-music market was valued at US$29.6 billion, according to the International Federation of the Phonographic Industry (IFPI). Out of that, the United States alone accounted for approximately US$17.7 billion, or nearly 60% of total revenue. Asia-Pacific, by comparison, remains the fastest-growing but still relatively smaller contributor — worth an estimated US$7.25 billion in its online music segment. On the surface, this might suggest a simple narrative: the U.S. dominates the money, while Asia dominates the audience. But behind…











