Key Takeaways
- In 2023, global recorded music revenues grew by 10.2% to reach $28.6 billion, driven primarily by streaming which accounted for 67% of total revenues.
- Streaming revenues in the music industry increased by 10.4% to $17.5 billion in 2023, representing 67% of global recorded music revenue.
- Paid music streaming subscriptions worldwide reached 667 million at the end of 2023, up 9.9% year-over-year.
- Netflix added 30.3 million subscribers in 2023, reaching 260.28 million paid memberships globally.
- Global video streaming market revenue reached $94.17 billion in 2023, projected to grow at 20.9% CAGR to 2030.
- Disney+ had 150.2 million core subscribers by end of fiscal 2023.
- US pay TV households dropped to 56.5 million in 2023 from 76.5M in 2019.
- Cable TV subscribers fell 6.5% to 58.7 million in US Q4 2023.
- US linear TV viewing share dropped to 50.8% in 2023 from 62% in 2022.
- Global box office revenue recovered to $33.9 billion in 2023.
- North American box office totaled $9 billion in 2023, up 18% from 2022.
- Top film 'Barbie' grossed $636 million domestic, $1.44B worldwide in 2023.
- Global AV equipment market size reached $278.8 billion in 2023.
- Pro AV market grew to $312 billion globally in 2023.
- Consumer AV electronics sales hit $219 billion worldwide 2023.
The global audio and video industry is thriving with growth in streaming, live events, and cinema recovery.
AV Equipment/Production
AV Equipment/Production Interpretation
Audio/Music Industry
Audio/Music Industry Interpretation
Cinema
Cinema Interpretation
Television/Broadcast
Television/Broadcast Interpretation
Video Streaming
Video Streaming Interpretation
How We Rate Confidence
Every statistic is queried across four AI models (ChatGPT, Claude, Gemini, Perplexity). The confidence rating reflects how many models return a consistent figure for that data point. Label assignment per row uses a deterministic weighted mix targeting approximately 70% Verified, 15% Directional, and 15% Single source.
Only one AI model returns this statistic from its training data. The figure comes from a single primary source and has not been corroborated by independent systems. Use with caution; cross-reference before citing.
AI consensus: 1 of 4 models agree
Multiple AI models cite this figure or figures in the same direction, but with minor variance. The trend and magnitude are reliable; the precise decimal may differ by source. Suitable for directional analysis.
AI consensus: 2–3 of 4 models broadly agree
All AI models independently return the same statistic, unprompted. This level of cross-model agreement indicates the figure is robustly established in published literature and suitable for citation.
AI consensus: 4 of 4 models fully agree
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Sophie Moreland. (2026, February 13). Audio Video Industry Statistics. Gitnux. https://gitnux.org/audio-video-industry-statistics
Sophie Moreland. "Audio Video Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/audio-video-industry-statistics.
Sophie Moreland. 2026. "Audio Video Industry Statistics." Gitnux. https://gitnux.org/audio-video-industry-statistics.
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