The International Federation of the Phonographic Industry (IFPI) has published an annual report since 1997 detailing the performance of the phonographic industry globally. The year of 2017 saw a growth of 8.1% compared to the previous year. Streaming profits grew by more than 41.1%. The total revenues for the recorded music trade equalled U$17.3 billion. Who were the top performers? Ed Sheeran, Drake and Taylor Swift.
Brazil is in the top 10 markets, firmly at spot 9. The Brazilian market saw a growth of 17.9% in 2017 (in relation to 2016), according to PRO-MUSICA, the Brazilian association of phonographic producers. It generated total revenues of US$295,8 million.
Check out the full IFPI 2017 report: https://www.ifpi.org/downloads/GMR2018.pdf
Check out the PRO-MUSICA 2017 report: https://pro-musicabr.org.br/wp-content/uploads/2018/04/Pro_MusicaBr_IFPIGlobalMusicReport2018_abril2017-003.pdf