# Goldman Sachs Music Industry Forecast

> Goldman Sachs predicts music industry revenue will hit $198.1bn by 2035.
- Title: Goldman Sachs Music Industry Forecast · Musically | Shortify
- Summary: Goldman Sachs predicts music industry revenue will hit $198.1bn by 2035. Goldman Sachs forecasts global music revenue to reach $198.1bn by 2035, up from…
- Keywords: goldman sachs, music industry, revenue forecast, streaming subscriptions, ad-light tier, gen ai music, music, business, technology, Goldman, Sachs, Industry
- Source: Musically — https://musically.com/2026/10/16/goldman-sachs-thinks-music-will-be-a-198-1bn-industry-by-2035
- Read time: 1 min
- Topics: goldman sachs, music industry, revenue forecast, streaming subscriptions, ad-light tier, gen ai music, music, business, technology
## Goldman Sachs Revenue Forecast
Goldman Sachs predicts global music revenue will rise from $112.5bn in 2025 to $198.1bn by 2035.
## Streaming Subscriptions Growth
Paid streaming subscriptions are expected to grow from 873 million to 1.53 billion users by 2035.
## Ad-Light Tier Proposal
Goldman Sachs suggests introducing an ad-light tier similar to Netflix's Basic with Ads for $1-$2 monthly fee.
## Gen AI Music Market
Gen AI music addressable market could reach $3.32bn by 2035 with 628 million subscribers.
## Key takeaway

Goldman Sachs forecasts global music revenue to reach $198.1bn by 2035, up from $112.5bn in 2025.