Digitalization as a key driver of economic development in the music industry in European Union (Q435)

This paper contains research examining the role of digitalization in the economic transformation of the music industry, with a focus on European Union countries. The study analyzes how economic development influences the growth of music streaming revenues, using data from 2015 to 2023. Statistical methods including correlation analysis, linear regression, and non-parametric tests (Kruskal–Wallis and Dwass–Steel–Critchlow–Fligner) were applied to identify relationships between economic maturity and digital music market performance. Results show that countries with higher levels of economic development achieve significantly higher streaming revenues, confirming a persistent digital divide across the EU. While GDP growth and household consumption did not consistently correlate with streaming performance, broader indicators of economic maturity—such as digital infrastructure and purchasing power—proved essential for digital music adoption. The findings highlight the need for targeted policies supporting digital inclusion, infrastructure investment, and sustainable development in less advanced economies. The study contributes to current discussions on the economic and social implications of digital transformation in creative industries and emphasizes opportunities for sustainable development within the music sector.