The 10 Largest Record Labels In The United States - Zippia The largest record label in the U.S. is Sony Music Entertainment, with a revenue of $9.12 billion and an market share of 20%. As of 2021, the U.S. record label industry has a market size of $9.7 billion. Over 102.4 million albums are sold in the U.S. each year. The U.S. record label market is projected to grow at a CAGR of 4.27% through 2026.