B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
3.9%
3.9% -- recorded music market share for Latin America recorded music market (2021)
Latin America represented 3.9% of the world's recorded music market.
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Lighthouse Research Team
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Source verified
Evidence graded
Value
3.9%
Unit
Percentage
Data Vintage
2021
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
60
Independence
30
Methodology
45
Freshness
95
Source
IFPI
Primary
Tier B
https://sonosuite.com/blog/music-market-focus-the-unstoppable-growth-of-mexicos-digital-music-indust… ↗
Source Article
Music market focus: The unstoppable growth of Mexico’s digital music industry
Music market focus: The unstoppable growth of Mexico’s digital music industry
Music market focus: The unstoppable growth of Mexico’s digital music industry
Digital music is booming in Mexico. In just a few years, the Latin American country has evolved into one of the top music streaming markets.
The…
Original Research
IFPI
· Original study ↗
Methodology
Cited from IFPI annual music report
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
Latin America recorded music market: 3.9% recorded music market share. Source: IFPI (2021). Via Lighthouse Intelligence -- https://lighthousedata.io/data/latam-recorded-music-market-share-2021
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<blockquote cite="https://lighthousedata.io/data/latam-recorded-music-market-share-2021" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>3.9%</strong> -- recorded music market share for Latin America recorded music market<br><small>Source: IFPI (2021) · <a href="https://lighthousedata.io/data/latam-recorded-music-market-share-2021" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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