According to the Recording Industry Association of America (RIAA), by 2022, vinyl records will surpass CD sales for the first time. This was the first time since 1987.

Last year, 41.3 million records were sold worldwide for 33.4 million CDs. Monetarily, the gap is even stronger: $1.2 billion versus $482.6 million. According to last year’s results, records accounted for 71.2% of all sales in the physical music carriers market.

It can also be noted that the total turnover in the music recording market continues to increase. If the results of 2021 roughly corresponded to the peak of the market that occurred in 1999, then in 2022 the turnover increased even more, reaching almost $ 16 billion. Of course, the lion’s share falls on the digital format. To be more precise, for subscription services.