Online Music Statistics: 7 Percent Growth, 6.3 Billion USD in 2011

We spotted this today:

"Global online music revenues are expected to rise by about 7 percent this year to $6.3 billion as digital services such as Spotify and iTunes gain momentum, technology research firm Gartner said on Tuesday.

By 2015, Gartner forecasts online music spending will rise to $7.7 billion from $5.9 billion in 2010. In the same period, consumer spending on CDs and other physical music forms is seen falling to about $10 billion from $15 billion."

Statistics Source: Yahoo News

We had spotted some stats on music sales before. We also had spotted some surprising stats on the music industry