Thania Garcia Latin music revenue in the United States reached an all-time high of $1.1 billion in 2022, marking the industry’s second year of double-digit growth for an annual increase of 24%. As predicted in the RIAA’s mid-year report, that number outpaced that of any other market. RIAA’s year-end Latin music report for 2022 also highlights an all-time high for the industry at a 6.9% market share — up from 5.9% in 2021. With such striking stats, it’s clear major labels and Latin artists have begun to engage with fans — despite language barriers — across markets to make the music more easily accessible. This is especially true on the streaming front where revenue expanded by 25% to $1.06 billion, making up a remarkable 97% of all Latin music revenues. The Latin music scape of 2022 was undoubtedly led by Bad Bunny’s “Un Verano Sin Ti,” the second all-Spanish-language album to reach No. 1 on the 66-year-old Billboard 200 chart. (The first was none other than Bad Bunny’s 2020 album “El Último Tour del Mundo.”) The Puerto Rican megastar was the most-streamed artist globally on Spotify for the third year in a row with more than 18.5 billion streams.