Digital-Music-Study-Report-2022-c-Final
Digital-Music-Study-Report-2022-c-Final
THE ALL-PERVASIVE
POWER OF MUSIC
Boosting Well-being, Redefining Formats
& Shaping Engagement
LIVE
DIGITAL MUSIC STUDY 2022
CONTENTS
4 FOREWORD-BLAISE FERNANDES, PRESIDENT & CEO, IMI
6 FOREWORD- DAVID PRICE, DIRECTOR OF INSIGHT AND ANALYSIS, IFPI
8 INDIA: MARKET OVERVIEW
10 INDIA: MUSIC OVERVIEW
11 RESEARCH METHODOLOGY, EXECUTIVE RESEARCH & KEY INSIGHTS
13 IN FOCUS
14 FIT AS A FIDDLE: THE MENTAL AND PHYSICAL BENEFITS OF MUSIC
15 THE STEADY DOMINANCE OF SHORT FORM VIDEO APPS (SFVA'S)
17 AUDIO STREAMING: INTERNATIONAL SERVICES TAKE LEAD OVER DOMESTIC SERVICES
19 THE STEADY BEAT OF THE RADIO
20 LIVE STREAMING: JURY'S STILL OUT
21 GENERAL TRENDS
22 MUSIC LISTENING IN INDIA: STREAMING GETS THE LION'S SHARE
23 GENRES: A CLEAN SWEEP FOR BOLLYWOOD, CLASSICS STILL A HOT GENRE
24 MUSIC DISCOVERY LANDSCAPE
25 GAMING, TV SHOWS AND FILMS: THE MUSIC EXPERIENCE
26 DIGITAL PIRACY
27 THE ENDLESS BATTLE WITH DIGITAL PIRACY
34 CONCLUSION
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DIGITAL MUSIC STUDY 2022
FOREWORD
MUSIC
A Way of Life and a Lifestyle in India
towards a subscription model. But 73% of respondents
stating that they use unlicensed sources as a way to
consume music, also known as music piracy, is a red flag for
the entire ecosystems of performers, songwriters and
lyricists, music publishers and copyright owners as “piracy
has wrecked the industry before” and if not curbed, can be
the wrecking ball kneecapping the whole sector. The
Government of India and the state governments also have
reason to be concerned about music piracy. Besides losses
to the exchequer, an ICRIER study states that around 1.4
crore people earn a livelihood from music in the
Mr. Blaise Fernandes unorganised sector, which is the economic side of concern.
President and CEO, IMI There is a cybersecurity angle to the consumption of music
through pirated sources, with global studies proving that
The Digital Music Study was conducted by malware is transferred through these pirated sites and that
the IFPI and IMI in 2022 across 4000 the free availability of copyright-protected content is the
respondents all over India. This is a yearly “honey pot” that attracts the unsuspecting consumer.
exercise. The findings in the recent study Given that we are witnessing growth in smartphones,
are a mixed bag for the stakeholders. increased broadband penetration and mobile data prices
Music as a way of life comes out very still one of the cheapest in the world, if piracy is not curbed,
clearly as audiences in India listen to we are sitting on a ticking time bomb. The need of the hour
music for an average of 25.7 hours a is the formation of an inter-ministerial committee
week, above the global average of 20.1 comprising representatives from MHA, DPIIT, MEITY, MIB, and
hours a week. That is a great catchment Law alongside representatives from the Media and
for monetisation when DSPs move Entertainment industry to address the piracy issue.
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DIGITAL MUSIC STUDY 2022
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DIGITAL MUSIC STUDY 2022
a mix of available streaming platforms – all of To give a better sense of what that means: the
which offer a free, ad-supported tier as well as same person might watch a Badshaah music
premium tiers offering uninterrupted listening – video on YouTube; queue up a Punjabi pop
from which listeners can choose. However, the playlist on Gaana; catch a classic song from Asha
MCS found that the reasons why people decide to Bhosle on the radio; on Facebook, post a video of
pay for a streaming service tended to be the their favourite India's Got Talent performance;
same whichever one is chosen: access to the get themselves in the mood using a high bpm
millions of songs licensed to each platform and exercise playlist at the gym; watch a new
the ability to listen on-demand and without Bollywood film at the cinema or on Hotstar; try
advertisements. Also, the MCS found that when and copy a dance for a popular Tamil music track
people choose content on streaming services, on Moj; buy an old vinyl album from New
they tend to select songs themselves or listen to Gramophone House; participate in a virtual
their own playlists more often than they are concert on Fortnite; and listen to a podcast about
guided to music by the platforms themselves. a favourite music artist or album.
Similarly, in the short-form video space, the Ultimately, this report captures the love and
absence of TikTok in India has left a space where passion Indian fans have for music in this country.
Indian-made networks like MX Taka Tak, Moj, They are engaging extensively with the rich and
Josh, Chingari, and others can provide a new and diverse music available to them across a wide
different way to experience and engage with range of formats, platforms and genres. At the
music. Again, it is recorded music fuelling and heart of this is the work and investment from
driving engagement on such apps: 63% of videos record companies who are partnering with
watched had music as a central focus. Indian artists and supporting them in creating
Record labels have worked extensively to license music and connecting with fans. This relationship
music to as many platforms and services as is powering Indian music and ensures that it will
possible. Consequently, the diversity of choice continue to play a crucial part in people's lives.
now available to music listeners, and the ways in
which those in India take advantage of this
choice, is extensive. On average, each Indian
respondent in the Music Consumer Study listened
to, watched, consumed, created, or otherwise
engaged with music in ten different ways in a
typical month.
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DIGITAL MUSIC STUDY 2022
INDIA
MARKET OVERVIEW
Ranks (2021)
16 13 38 38 7
Figure 1: Streaming dominated the majority of the recorded music revenues (86.90%) followed by Sync (5.4%) and Performance Rights (3.8%)
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DIGITAL MUSIC STUDY 2022
INDIA
MARKET OVERVIEW
Revenues (2021)
Video streaming revenues in 2021 were INR 443.2 Cr. ($53.8 mn),
27.2% of total streaming revenues.
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DIGITAL MUSIC STUDY 2022
LIVE
LIKE
REC
REC
INDIA
MUSIC OVERVIEW
67%
of people say music
75%
of people say music is
93%
said they used some
is important to important when they kind of audio
their mental health exercise streaming services
&
of people said they
73% 71%
listened to the radio
mainly for the music
8+
use unlicensed ways to discovered new music
listen to or obtain music at least once a week
different genres of
music on an average
65%
used short form 10+ 70%
time spent listening to
video apps different methods artists from India
used by people to
engage with music
on an average
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DIGITAL MUSIC STUDY 2022
RESEARCH METHODOLOGY
This report analyses findings and insights with respect to music consumption in India based on the IFPI Music
Consumer Study conducted in 2022. The key findings of the study were published in IFPI's Engaging with Music
Report 2022, which explores the ways in which people discovered, listened to and engaged with music in 22
countries. Globally, 44,000 internet users were surveyed within the 16-64 age group with higher numbers of
respondents in larger markets. In India, the study covered 4,000 internet users aged 16-44. The IFPI study was
designed, scripted and analyzed by IFPI's Insight and Analysis team. Strict gender, age, and regional quotas were set
to ensure statistically and demographically representative samples of the online population in each country in
accordance with the latest census data. Fieldwork was carried out in July and August 2022 by AudienceNet.
EXECUTIVE RESEARCH
Several factors are responsible for the strong digital environment in India which has been instrumental in increasing
engagement with music. With a population of 1.4 billion, India has the tailwinds that can further boost consumption
and engagement with music.
LOW-COST MOBILE DATA: The average cost of 1GB of mobile data in India is US$ 0.17 (approx. INR 14) (one of the
cheapest rates in the world) as compared to the global average cost of US$ 3.12 (approx. INR 257).¹
INCREASING INTERNET PENETRATION: As per TRAI data, there are a total of 834² million internet subscribers in India.³
AVAILABILITY OF CHEAP SMARTPHONES: The average price of a smartphone in India was $196 (approx. INR 16,126)
in 2021.⁴
INCREASING SMARTPHONE PENETRATION: India had 750 million smartphone users in 2021 and this number is
projected to reach 1 billion by 2026.⁵
RISE OF THE 'DIGITAL NATIVES': In 2030, 77% of India's population will comprise Millennials and Generation Z.⁶
Termed as the 'digital natives', they are key drivers of digital consumption.
THE INCEPTION OF 5G: 5G services were launched in October 2022⁷ in India in select cities and are expected to
expand all over India in the next few years.⁸
¹ https://www.cable.co.uk/mobiles/worldwide-data-pricing/
² https://www.trai.gov.in/sites/default/files/PR_No.02of2022.pdf
³ https://indianexpress.com/article/technology/tech-news-technology/india-has-more-than-800-million-broadband-users-says-rajeev-chandrasekhar/
⁴ https://www.statista.com/statistics/809351/india-smartphone-average-selling-price/
⁵ https://www2.deloitte.com/content/dam/Deloitte/in/Documents/technology-media-telecommunications/in-TMT-predictions-2022-noexp.pdf
⁶ https://www3.weforum.org/docs/WEF_Future_of_Consumption_Fast-Growth_Consumers_markets_India_report_2019.pdf
⁷ https://pib.gov.in/PressReleasePage.aspx?PRID=1864246
⁸ https://economictimes.indiatimes.com/news/new-updates/5g-services-starts-in-india-here-are-plans-cities-list-and-how-to-enjoy-5g-services-in-your-
phone/articleshow/94599511.cms?from=mdr
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DIGITAL MUSIC STUDY 2022
KEY INSIGHTS
1. Music had an increasingly important role to play in the radio listeners said that if the radio were to no
the physical and mental wellness of listeners. 67% longer play music, they would look for music
of the surveyed listeners in India said that music elsewhere.
was crucial for maintaining their mental health 5. On average, people in India use over 10 different
while 75% said that music is important when they methods to engage with music the top ones being
exercise using it to soundtrack their chosen form of audio streaming, video streaming, short-form
physical activity, the top three being walking, yoga video services, social media, purchased music, live
and running. India reported the highest proportion music, even pirated music and other methods.
of people who engaged with music while doing
yoga at 48%, more than thrice the global average 53.9% of all the respondents said that they had
of 13%. enjoyed a music live stream.
2. The hours of music listening in 2022 saw an 68% of gamers had watched a virtual music
increase of 3.8 hours, an uptick of 17.2% compared concert on a gaming platform such as Fortnite,
to 2021 and streaming accounted for the biggest Roblox, etc.
share (26%) of music listening. An average listener 65% of the respondents said that they use short-
spent 6.7 hours a week listening to music on audio form video apps (such as Mx Taka Tak, Moj, Josh
streaming services (both paid and ad-supported). etc) and social media platforms with a short
Further, music consumed through paid audio form video element (such as YouTube Shorts,
streaming increased from 3.3 hours a week in 2021 Instagram, keeping up with the continued
to 4.3 hours a week in 2022 with consumption popularity of short-form services in India.
being highest among 25-34-year-olds.
6. India demonstrated one of the highest levels of
3. While the use of overall music streaming services domestic music listening with almost 70% of the
was the highest in the youngest age group respondents listening to artists of their own
surveyed (16-24) at 93.9%, the group showed the country. Further, of the top ten favourite genres of
lowest rate in the use of paid tier of music music, half were associated with Bollywood,
streaming (36.8%), reasons being the presence of reiterating the importance of film music in India.
YouTube and the cost of subscription services which
7. The digital music piracy rate in India (73%)
they find too expensive. The use of the paid tier of
continued to be higher than the global music piracy
music streaming services is the highest among the
rate of 30%, with the rate being higher in the 25-34
25-34 age group (52.4%) who are more likely to
age group. Stream ripping remained the key
pay to listen to music without interruption and
method for music piracy, especially among the 16-
have access to millions of songs.
24-year-olds who preferred it for its ease of use.
4. Radio consumption remained steady with its use Digital music piracy remains a pressing issue and
being higher among the 35-44 age group. Music must be addressed by effective policy measures.
was regarded as central to all radio listenership
with 62% of respondents accepting that they
wouldn't listen to the radio if not for music. 87% of
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IN FOCUS
DIGITAL MUSIC STUDY 2022
Fit as a Fiddle
The Mental and Physical Benefits of Music
Music is a powerful tool that influences and connects
human beings. It has an impact not only on one's mood
but also their mind, body and overall health. Music has PERCENT ENGAGING IN
been proven to improve focus, alleviate stress, EXERCISE/WELLNESS ACTIVITY
strengthen learning and boost physical activity.
Just like music helped people ease into an WALKING 58.6%
unprecedented period of great difficulty during the
YOGA 48.3%
pandemic, this year too, the report highlights the role of
music in boosting listeners' mental and physical well- RUNNING 41.2%
being. As per the study, 67% of the surveyed MEDITATION 35.1%
respondents in India say that music is crucial for
maintaining their mental health. This is evidently true CYCLING 30.9%
REFLEXOLOGY 5.5%
11.8%
48%
India reported the
is slightly higher, standing at 72%. The corresponding highest proportion who
PILATES engaged in yoga,
4.4%
percentage among women in India is 70%. far above the global
average of 13%
Music now plays an increasingly important role in CALLENETICS 3.8%
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DIGITAL MUSIC STUDY 2022
⁹ https://redseer.com/insights
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DIGITAL MUSIC STUDY 2022
65% of the respondents said that they use SFVA's (such as Mx Taka Tak, Moj, Josh etc)
and social media platforms with a short form video element (such as YouTube Shorts,
Instagram Reels and Snapchat), which is significantly higher than the corresponding
global percentage of 49.8%. Among the different short-form video apps employed in
India, the two most popular apps were Mx Taka Tak and Moj, with their users most
likely to fall in the 25+ age group. YouTube Shorts (77.5%) and Instagram Reels
(73.9%) were the top two favourite social media platforms with short video features.
Recorded music was a key driver of short-form video engagement and a vital part of
enjoyment on these apps. Across all platforms, music was central to 63% of the
videos that were consumed on these platforms.
Short-from video apps enjoy a giant user base in India. Such apps often use a user-
generated content model and host copyrighted material on their platforms to
monetize the content. Monetization of content on these platforms also happens by
way of selling advertisements and harvesting user data. While doing so, such apps
often escape liability for any infringing material posted on their platforms due to the
user-generated nature of such material, claiming to be mere facilitators of user-
generated activities.
A value gap is therefore formed between the value that some of these apps earn
from music and the revenue that is returned to the music industry. For the music
sector to realize its fair value and to flourish sustainably, there is an urgent need to
closely monitor short-form video apps hosting unauthorised copyright protected
material, and to prevent the misuse of safe harbour provisions by some apps to
evade liability. If left unchecked, the said gap is liable to widen and hence impede
the growth of the music industry.
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DIGITAL MUSIC STUDY 2022
Audio Streaming:
International Services Take Lead Over
Domestic Services
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DIGITAL MUSIC STUDY 2022
35%
30%
5%
0%
16-19 20-24 25-34 35-44
Figure 5: Uninterrupted music and access to a wide range of songs are the top two reasons people are likely to pay for music streaming.
PERCENT CHOOSING
OPTIONS IN TOP THREE TOP SIX REASONS
REASONS TO SUBSCRIBE
60%
ANYTHING I WANT TO LISTEN TO IS ON YOUTUBE
IT’S TOO EXPENSIVE
50%
I PREFER THE FREE VERSION OF THE
STREAMING SERVICE WITH ADVERTISING
40%
0%
16-19 20-24 25-34 35-44
Figure 6: Listeners are likely to not pay for music streaming on account of the following reasons: presence of YouTube, cost of streaming
services, preference for the free tier, ability to download music from YouTube, tolerance for ads.
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DIGITAL MUSIC STUDY 2022
70%
60%
50%
40%
30%
20%
10%
0%
16-19 20-24 25-34 35-44
Figure 7: Radio listening was higher among the older age groups (25-44) as compared to the younger age groups (16-24)
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DIGITAL MUSIC STUDY 2022
Livestreaming
Jury's Still Out
The live-streaming growth story started during the pandemic when restrictions were placed on live
performances and cinemas which prompted artists to connect with their fans via online platforms.
2022 recorded an increased engagement in music live streams in India, with live music concerts and
music festivals being the most popular live-streamed events. Overall, there was an increase of 12% in
livestream watching as compared to 2021, with 53.9% of all the respondents saying that they had
enjoyed a music live stream. The highest engagement was among 25-34-year-olds (59.4%), up by
15% as compared to 2021. 8 out of 10 respondents said that they enjoyed watching live streams with
62% agreeing that artists should stream at least one concert live while touring, suggesting a
considerable appetite for live streams to be a normal part of touring schedules. 61% agreed that live
streams were a great alternative when they found it difficult to attend live concerts. However, despite
the strengthened engagement with live streaming this year, half of the respondents said that
livestreams are no substitute for a real in-person concert, indicating a possible dwindle in the future.
Type of Livestream
An Awards Ceremony Streamed Live
Figure 8: The most popular types of livestreams watched by the respondents were live-streamed music concerts (watched by 26% of the
respondents) and music festivals (watched by 23% of the respondents).
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GENERAL
TRENDS
DIGITAL MUSIC STUDY 2022
OTHER +0.7
PIRACY +0.3
1.4h SUBSCRIPTION AUDIO STREAMING +1.0
5.3%
2.0h
LIVE +0.8 7.7% 4.3h
16.6%
1.5h
5.9%
PURCHASED +0.3 HOURS OF 2.4h AD-SUPPORTED AUDIO STREAMING +0.4
1.9h 9.2%
7.3% WEEKLY MUSIC
LISTENING
RADIO +0.2 1.3h
4.9% 4.8h
18.8%
2.5h
9.6% VIDEO STREAMING -0.4
SOCIAL MEDIA +0.9
3.8h
14.8%
Figure 9: Audio streaming accounted for the majority of listening hours (25.8%) while video streaming accounted for nearly 19% of the
listening time indicating the preference of Indian respondents to enjoy music accompanied by visuals.
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DIGITAL MUSIC STUDY 2022
GENRES
A CLEAN SWEEP FOR BOLLYWOOD,
CLASSICS STILL A HOT GENRE
India demonstrated one of the highest levels of
domestic music listening, only third to the US and
China. In India, 69.8% of the time is spent listening to
artists of their own country. This number is the highest
among 35-44-year-olds (74.8%) meaning that the
older generation is more likely to prefer domestic
artists over international ones. Further, people in BOLLYWOOD (MODERN) 49%
India listen to over 8 different genres of music on
average. BOLLYWOOD (CLASSIC) 40%
Asked to rank their top three genres in order of how
often they were listened to, half of the top ten BOLLYWOOD NEW AGE (2000 - 2020) 33%
typically listened-to genres were from different
INDIAN HIP-HOP/RAP 30%
periods of Bollywood. Bollywood (Modern) was the
most listened-to genre preferred by 49% of the
BOLLYWOOD COMING OF AGE (80s, 90s) 28%
respondents, followed by Bollywood (Classic) (40%)
and Bollywood New Age (2000-2020) (33%). 2022
PUNJABI 27%
marked the rebound year of film releases after the
global pandemic which would explain the re-
INDIAN POP 25%
established position of Bollywood among the top
favourites. Punjabi (27%) maintained a spot in the top
HIP-HOP/RAP 25%
10, pointing at India's continued inclination toward
the genre which remains popular, despite being a
BOLLYWOOD RETRO (50s - 70s) 20%
regional language. Interestingly, the consumption of
the various forms of Bollywood music was the highest
DANCE/ELECTRONIC 17%
among 35-44-year-olds. With the mass of music in
India typically coming from films as has been
customary for ages, it may be the reason for the high
consumption of Bollywood-related genres among the Figure 10: 5 of the Top Ten Favourite Genres were
older age group. It is safe to conclude that domestic associated with Bollywood; Bollywood
music is the key to music listening in India. classics still remains a hot genre.
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DIGITAL MUSIC STUDY 2022
A MUSIC TV CHANNEL
Figure 12: Among the types of music-focused TV shows and films enjoyed by the respondents, the most popular were music-based TV
reality/talent shows, music TV channels, and films about real music artists/events.
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DIGITAL
PIRACY
DIGITAL MUSIC STUDY 2022
¹⁰ www.ifpi.org/wp-content/uploads/2022/04/IFPI_Global_Music_Report_2022-State_of_the_Industry.pdf
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DIGITAL MUSIC STUDY 2022
80%
70%
60%
50%
2019
40%
2021
30%
20% 2022
10%
0%
16-24 25-34 35-44
Figure 13: The rate of music piracy in 2022 was relatively higher among the 25-34 age group.
80%
70%
60%
50%
40%
30%
Figure 14: 70% of Indian listeners admitted to using stream-ripping websites making it the most common method of digital music piracy, with
this percentage being slightly higher among the 16-34 age group.
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DIGITAL MUSIC STUDY 2022
70%
60%
50%
40%
30%
20%
10%
0%
16-19 20-24 25-34 35-44
Figure 15: Use of unlicensed apps for music was the highest among the 20-34 age group.
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Nigeria Indonesia China India South Africa Global Average
Figure 16: The rate of digital piracy in India was 73% more than double the global average of 30%.
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DIGITAL MUSIC STUDY 2022
70%
60%
50%
40%
30%
20%
10%
0%
2018 2019 2021 2022
INDIA GLOBAL
Figure 17: While the global average rate for digital music piracy has slightly plateaued, the same rate for India shows an upward trend.
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DIGITAL MUSIC STUDY 2022
Interestingly, when asked what they would do The Role of Public-Private Partnerships:
if music piracy was no longer an option, the Operation 404 is a noteworthy example of not
majority of the respondents said that they just effective collaboration between the public
would turn to revenue-generating licensed and the private sector yielding results, but also of
methods with 41% choosing YouTube, 24% in international cooperation in addressing digital
favour of paid streaming and 9% in favour of piracy. The collaboration of Brazilian authorities
free tier streaming. It, therefore, becomes with the UK IPO, PIPCU and United States
imperative to find effective ways to address Homeland Security for Operation 404 is
the problem of digital piracy and ensure that illustrative of how administrative cooperation
the growth of the recorded music industry is amongst countries at the global level can enable
not impeded due to revenue leakages caused. the shutting down of pirate operations and
Brazil's Operation 404 is an important example facilitate action against various forms of digital
in highlighting the significance of piracy originating in other countries. The
international public-private partnerships as an collaborative response also resulted in
effective method of strengthening IP knowledge sharing, increased operational
protection. In 2019, Brazil's Ministry of Justice effectiveness and the development of more
and Public Security initiated a campaign called effective strategies to fight digital piracy.¹²
“Operation 404” (codenamed after the famous Unified Response a Deterrent to Pirates: As
HTTP error titled “Error 404”). The campaign is demonstrated in the example of Operation 404,
coordinated by the Secretariat of Integrated public-private partnerships allow for a more
Operations (SEOPI) from the Ministry of Justice unified response to enforcing copyright by
in Brazil, in collaboration with the UK IPO, the pooling resources and expertise and streamlining
Police Intellectual Property Crime Unit (PIPCU), efforts against pirated apps and websites.
Brazilian Civil Police, and United States
Reduced Burden on the Judiciary: Time is of the
Department of Homeland Security and aims at
essence in addressing the rapidly evolving forms
combating IP crimes across the country. Spread
of digital piracy. In such situations, taking the
over four phases, with the most recent one
judicial route to copyright enforcement would
announced in June of 2022, the campaign has
mean adding to the financial and time costs, thus
so far prompted around 100 search and
compounding the burden on the judiciary as well
apprehension orders and resulted in the
as the rightsholders. The collaboration of the
blocking of over 1000 pirate sites and 700
private sector with government agencies,
pirate apps streaming illegal content.¹¹
therefore, makes for a swift response; attacking
The example of Brazil's Operation 404 carries the very root of digital piracy, saving both time
some important lessons which may be and cost and lessening the burden on the
effective in India's own battle against digital judiciary.
piracy.
¹¹ https://indianmi.org/wp-content/uploads/2022/11/Brazil-Operation-404-Trilateral-Lessons-for-India-1.pdf
¹² Id.
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DIGITAL MUSIC STUDY 2022
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CONCLUSION
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DIGITAL MUSIC STUDY 2022
The Indian recorded music industry has progressed at an average growth rate of 17% over the
last three years. After a period of slowed growth due to the pandemic, the sector has bounced
back with increased consumption and engagement. Music continues to enrich wellness, shape
engagement, and define experiences across a variety of platforms. It has proven its resilience
and driven by technological tailwinds, the sector is only set to expand in the future.
The outlook of the industry remains strong in the post-pandemic future. Growth of streaming,
new licensing formats, and a changing consumer demographic driven by the millennials and
Gen Zs are just some of the opportunities that hold immense potential for the industry. These
combined with the tailwinds of technological innovation, an expanding internet and
smartphone user base, and some of the lowest data prices in the world are sure to propel the
industry forward.
Record labels through increased investment, artist development, content creation and
marketing, have always played an instrumental role in the music ecosystem, ensuring that the
demand for music is met and that both the listeners and artists are satisfied. Certain
bottlenecks however remain to be addressed. The growing levels of digital music piracy that
continue to be far above the global average are concerning and result in revenue leakages
that obstruct the growth of the music industry. While the use of licensed music streaming
services was strong across all age groups with 93% of the respondents saying that they listen
to music through licensed audio streaming services (both paid and ad-supported), the rate of
piracy still increased from 68% in 2021 to 73% in 2022, indicating that despite using legal
means, it is likely that the listeners also use unlicensed means to obtain or listen to music.
Several policy initiatives such as administrative enforcement, and public-private partnerships
need to be implemented to create a strong framework against digital piracy. In addition to
this, the misuse of safe harbour provisions must also be addressed so as to ensure that
increased engagement across short-form video apps also translates to greater value for the
rightsholders. Such measures are key to promoting the sustainable growth of the music sector
driven by greater investment, innovation, and consumption.
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About IMI About IFPI About AudienceNet
The Indian Music Industry (IMI) is the The International Federation of the AudienceNet is a social service and
apex body that represents the interest Phonographic Industry (IFPI) is the consumer research agency, which
of the music companies a.k.a. record organization that represents the employs statistical analysis and data
labels on a pan-India basis. IMI is an interests of the recording industry visualization to profile and engage
IFPI affiliate which is the global body worldwide. It is a non-profit with audiences across the globe. It
that represents the recorded music members' organization registered in was founded in the UK in 2011 and
industry worldwide. All major music Switzerland and founded in Italy in has offices in London, Washington DC
labels in India are part of this 1933. It operates a Secretariat based and Melbourne.
association. IMI is the leading force in in London, with regional offices in
India's fight against music piracy and Brussels, Hong Kong and Miami.
establishing IP rights.
For Queries: [email protected]
Editor: Arasha Khan, Associate: Eco-legal, Indian Music Industry
Design by: Designism Corporate Communications & Graphics
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Website: www.indianmi.org