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Industry Landscape
The music marketplace industry, especially for physical media like vinyl, is experiencing a resurgence driven by collectors and enthusiasts. Digital platforms like Discogs play a crucial role in facilitating global transactions and managing extensive music databases. The market is competitive, with e-commerce giants and specialized platforms vying for market share. Authenticity and data accuracy remain key challenges.
Total Assets Under Management (AUM)
Vinyl Record Sales Revenue in United States
~US$1.4 billion (2023)
(11.7% (2023) CAGR)
- Vinyl record sales reached $1.4 billion in the US in 2023.
- This marks 17 consecutive years of growth for vinyl.
- Vinyl outsold CDs for the third year in a row.
Total Addressable Market
US$1.4 billion
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Impactful Policy Frameworks
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