Sections of BED Report

{
    "Sections": [
        {
            "RequestedSection": "Title",
            "StatusCode": 200,
            "Body": {
                "Title": "Album sales"
            }
        },
        {
            "RequestedSection": "Year",
            "StatusCode": 404,
            "Body": null
        },
        {
            "RequestedSection": "publicationdate",
            "StatusCode": 200,
            "Body": {
                "PublicationDate": "2025-08-26T07:22:17"
            }
        },
        {
            "RequestedSection": "Definition",
            "StatusCode": 200,
            "Body": {
                "Definition": {
                    "PlainText": "US album sales represent the total number of physical and digital albums sold annually in the United States, measured in millions of units. This includes all album formats such as CDs, vinyl records, digital downloads, and streaming equivalent albums. Data encompasses both physical retail sales and digital platform transactions sourced from the Recording Industry Association of America.\n",
                    "HTML": "<p>US album sales represent the total number of physical and digital albums sold annually in the United States, measured in millions of units. This includes all album formats such as CDs, vinyl records, digital downloads, and streaming equivalent albums. Data encompasses both physical retail sales and digital platform transactions sourced from the Recording Industry Association of America.</p>"
                }
            }
        },
        {
            "RequestedSection": "currentperformanceanalysis",
            "StatusCode": 200,
            "Body": {
                "CurrentPerformanceAnalysis": {
                    "PlainText": "Album sales reached 204.0 million units in 2025, representing a continued decline in the traditional album market. The ongoing shift toward streaming consumption patterns has fundamentally altered how consumers access music, with subscription-based streaming services increasingly displacing album purchases. Physical album sales have stabilized at historically low levels, while digital album downloads continue their steady retreat. Vinyl records remain the primary growth segment within physical sales, though insufficient to offset broader market contraction. The decline reflects fundamental changes in consumer behavior rather than reduced music consumption, as streaming platforms have made individual songs more accessible than ever, reducing the need for full album purchases.\nAlbum sales have declined significantly over the past five years, falling from 356.0 million units in 2020 to 204.0 million units in 2025, representing a 43% decrease. The pandemic in 2020-2021 initially disrupted physical retail channels but subsequently accelerated digital adoption among demographics that previously favored physical formats. The steepest declines occurred between 2020-2022, when sales dropped from 356.0 million to 282.1 million units, marking the transition point where streaming subscriptions became ubiquitous.\nThis period represents the final consolidation of streaming services as the dominant music consumption model. Physical album sales found unexpected resilience in vinyl records, which experienced renewed popularity among collectors and audiophiles, though CD sales continued their precipitous decline. Digital downloads faced the steepest declines, as consumers migrated to streaming services offering vast catalogs for monthly subscription fees rather than per-album purchases.\nThe music industry adapted by restructuring revenue models around streaming royalties, playlist placement, and direct-to-consumer strategies. Major labels shifted resources toward streaming optimization and social media marketing, while independent artists leveraged digital distribution platforms to reach audiences without traditional album sales infrastructure. The overall trend demonstrates an irreversible shift toward access-based consumption rather than ownership-based purchasing.\n",
                    "HTML": "<p>Album sales reached 204.0 million units in 2025, representing a continued decline in the traditional album market. The ongoing shift toward streaming consumption patterns has fundamentally altered how consumers access music, with subscription-based streaming services increasingly displacing album purchases. Physical album sales have stabilized at historically low levels, while digital album downloads continue their steady retreat. Vinyl records remain the primary growth segment within physical sales, though insufficient to offset broader market contraction. The decline reflects fundamental changes in consumer behavior rather than reduced music consumption, as streaming platforms have made individual songs more accessible than ever, reducing the need for full album purchases.</p><p>Album sales have declined significantly over the past five years, falling from 356.0 million units in 2020 to 204.0 million units in 2025, representing a 43% decrease. The pandemic in 2020-2021 initially disrupted physical retail channels but subsequently accelerated digital adoption among demographics that previously favored physical formats. The steepest declines occurred between 2020-2022, when sales dropped from 356.0 million to 282.1 million units, marking the transition point where streaming subscriptions became ubiquitous.</p><p>This period represents the final consolidation of streaming services as the dominant music consumption model. Physical album sales found unexpected resilience in vinyl records, which experienced renewed popularity among collectors and audiophiles, though CD sales continued their precipitous decline. Digital downloads faced the steepest declines, as consumers migrated to streaming services offering vast catalogs for monthly subscription fees rather than per-album purchases.</p><p>The music industry adapted by restructuring revenue models around streaming royalties, playlist placement, and direct-to-consumer strategies. Major labels shifted resources toward streaming optimization and social media marketing, while independent artists leveraged digital distribution platforms to reach audiences without traditional album sales infrastructure. The overall trend demonstrates an irreversible shift toward access-based consumption rather than ownership-based purchasing.</p>"
                }
            }
        },
        {
            "RequestedSection": "outlookanalysis",
            "StatusCode": 200,
            "Body": {
                "OutlookAnalysis": {
                    "PlainText": "Album sales are projected to decline to 188.5 million units in 2026, continuing the established downward trajectory. Streaming services will further consolidate their dominance over music consumption, with subscription models offering superior value propositions compared to individual album purchases. Physical sales will stabilize around current levels, supported primarily by vinyl collectors and dedicated fan bases, while digital downloads approach obsolescence in mainstream markets.\nThe outlook through 2030 suggests album sales will stabilize near 152.4 million units annually, representing the market's natural floor. This baseline will consist primarily of vinyl enthusiasts, collectors seeking limited editions, and consumers purchasing albums as merchandise or gifts. Digital album sales will become negligible as streaming services mature and expand globally. The remaining album market will become increasingly specialized, focusing on premium packaging, exclusive content, and direct artist relationships. Vinyl production constraints may limit physical growth potential, while the overall trend toward access-based consumption appears irreversible, with album sales representing a small but persistent segment of total music industry revenue.\n",
                    "HTML": "<p>Album sales are projected to decline to 188.5 million units in 2026, continuing the established downward trajectory. Streaming services will further consolidate their dominance over music consumption, with subscription models offering superior value propositions compared to individual album purchases. Physical sales will stabilize around current levels, supported primarily by vinyl collectors and dedicated fan bases, while digital downloads approach obsolescence in mainstream markets.</p><p>The outlook through 2030 suggests album sales will stabilize near 152.4 million units annually, representing the market's natural floor. This baseline will consist primarily of vinyl enthusiasts, collectors seeking limited editions, and consumers purchasing albums as merchandise or gifts. Digital album sales will become negligible as streaming services mature and expand globally. The remaining album market will become increasingly specialized, focusing on premium packaging, exclusive content, and direct artist relationships. Vinyl production constraints may limit physical growth potential, while the overall trend toward access-based consumption appears irreversible, with album sales representing a small but persistent segment of total music industry revenue.</p>"
                }
            }
        },
        {
            "RequestedSection": "dataseries",
            "StatusCode": 200,
            "Body": {
                "DataSeries": {
                    "Unit": "Million",
                    "IsAbsoluteChange": false,
                    "DataPoints": [
                        {
                            "Year": 2005,
                            "Value": 1301.9,
                            "Change": null
                        },
                        {
                            "Year": 2006,
                            "Value": 1588.4,
                            "Change": 22
                        },
                        {
                            "Year": 2007,
                            "Value": 1851.5,
                            "Change": 16.6
                        },
                        {
                            "Year": 2008,
                            "Value": 1919.6,
                            "Change": 3.7
                        },
                        {
                            "Year": 2009,
                            "Value": 1828.5,
                            "Change": -4.7
                        },
                        {
                            "Year": 2010,
                            "Value": 1739.5,
                            "Change": -4.9
                        },
                        {
                            "Year": 2011,
                            "Value": 1825,
                            "Change": 4.9
                        },
                        {
                            "Year": 2012,
                            "Value": 1803.3,
                            "Change": -1.2
                        },
                        {
                            "Year": 2013,
                            "Value": 1691.2,
                            "Change": -6.2
                        },
                        {
                            "Year": 2014,
                            "Value": 1458.2,
                            "Change": -13.8
                        },
                        {
                            "Year": 2015,
                            "Value": 1255.5,
                            "Change": -13.9
                        },
                        {
                            "Year": 2016,
                            "Value": 970.1,
                            "Change": -22.7
                        },
                        {
                            "Year": 2017,
                            "Value": 730.9,
                            "Change": -24.7
                        },
                        {
                            "Year": 2018,
                            "Value": 531.2,
                            "Change": -27.3
                        },
                        {
                            "Year": 2019,
                            "Value": 442.4,
                            "Change": -16.7
                        },
                        {
                            "Year": 2020,
                            "Value": 356,
                            "Change": -19.5
                        },
                        {
                            "Year": 2021,
                            "Value": 342,
                            "Change": -3.9
                        },
                        {
                            "Year": 2022,
                            "Value": 282.1,
                            "Change": -17.5
                        },
                        {
                            "Year": 2023,
                            "Value": 252.4,
                            "Change": -10.5
                        },
                        {
                            "Year": 2024,
                            "Value": 219.9,
                            "Change": -12.9
                        },
                        {
                            "Year": 2025,
                            "Value": 204,
                            "Change": -7.2
                        },
                        {
                            "Year": 2026,
                            "Value": 188.5,
                            "Change": -7.6
                        },
                        {
                            "Year": 2027,
                            "Value": 176.2,
                            "Change": -6.5
                        },
                        {
                            "Year": 2028,
                            "Value": 163.4,
                            "Change": -7.3
                        },
                        {
                            "Year": 2029,
                            "Value": 157.5,
                            "Change": -3.6
                        },
                        {
                            "Year": 2030,
                            "Value": 152.4,
                            "Change": -3.2
                        },
                        {
                            "Year": 2031,
                            "Value": 149.8,
                            "Change": -1.7
                        }
                    ]
                }
            }
        },
        {
            "RequestedSection": "industriesaffected",
            "StatusCode": 200,
            "Body": {
                "IndustriesAffected": [
                    {
                        "ReportCode": "45122",
                        "ReportTitle": "Record Stores in the US",
                        "Definition": "Record stores primarily retail prerecorded audio and videotapes, CDs, DVDs, Blu-ray discs and phonograph records. Online sales are excluded from this industry.\n"
                    },
                    {
                        "ReportCode": "OD5115",
                        "ReportTitle": "Digital Music Downloads in the US",
                        "Definition": "This industry is composed of e-tailers that sell audio files online in download form. This industry excludes online streaming or subscription sales, as well as revenue from related advertising. Physical sales of these products are not included in the report."
                    },
                    {
                        "ReportCode": "51221",
                        "ReportTitle": "Independent Label Music Production in the US",
                        "Definition": "Independent record labels find musical talent, finance the production of music and distribute recordings to retail and digital outlets. These labels have smaller budgets and operations than those of major labels, and independent labels frequently outsource manufacturing and distribution of physical records. Major labels are included in the Major Label Music Production industry (IBISWorld report 51222).\n"
                    },
                    {
                        "ReportCode": "71113",
                        "ReportTitle": "Musical Groups & Artists in the US",
                        "Definition": "This industry is composed of musicians, recording artists and songwriters that produce music professionally, either in front of a live audience, in a recording studio or both. Musicians in this industry may earn revenue from songwriting, producing or recording, but they primarily operate as performers. This industry excludes musical theater, opera and other professions involved in the creation of records, such as engineers.\n"
                    },
                    {
                        "ReportCode": "OD5515",
                        "ReportTitle": "Audio & Video Equipment Distributors in the US",
                        "Definition": "This industry wholesales and distributes household-type audio and visual equipment, such as cameras and stereos. TVs, media players and sound systems are examples of products that this industry distributes.\n"
                    },
                    {
                        "ReportCode": "32229b",
                        "ReportTitle": "Paper Product Manufacturing in the US",
                        "Definition": "Operators in this industry convert purchased paper and paperboard into a variety of products, including playing cards, wrapping paper, cigarette papers, paper filters, paper novelties, die-cut paper shapes and recycled paper insulation. Industry manufacturers also mold purchased pulp into egg cartons, food trays, cups and dishes, florists’ pots and other products. The industry generally produces all the products that are not included in the other paper-converting industries.\n"
                    },
                    {
                        "ReportCode": "51222",
                        "ReportTitle": "Major Label Music Production in the US",
                        "Definition": "Record labels are responsible for finding musical talent, recording their work and selling it to retail outlets. The ability to oversee distribution of physical media and negotiate comprehensive publishing deals separates major labels from smaller independent labels. Major labels also commonly have deeper and broader talent rosters.\n"
                    },
                    {
                        "ReportCode": "51223",
                        "ReportTitle": "Music Publishing in the US",
                        "Definition": "This industry acquires, copyrights and authorizes the licensed use of musical compositions and recordings. Publishers may own the rights to various musical works or have been chosen to administer copyright and licensing agreements on behalf of musicians, songwriters and composers. Licensing agreements specify the royalties paid to publishers in exchange for authorized use of these works through various media channels.\n"
                    },
                    {
                        "ReportCode": "51224",
                        "ReportTitle": "Audio Production Studios in the US",
                        "Definition": "Companies in this industry provide facilities and technical expertise for sound recording in a studio. Companies provide audio production or postproduction services for producing master recordings and may provide audio services for film, TV and video productions. After the recording has taken place, studios often perform postproduction services to adjust and master music recordings.\n"
                    }
                ]
            }
        }
    ]
}