Whereas traditional consumer products are born and developed in one place or region (maybe with inherit links to the product), the CD appears to be a global product from its inception. To illustrate its globality, it is worth noting that the first CD pressing plant was located just outside of Hannover, Germany, the first public demonstration took place in the UK, and the first two studio albums recorded and mixed digitally on this format were produced in 1982 in Sweden (Abba – The Visitors) and Japan (Billy Joel – 52nd Street) respectively. The quick, global adoption of this media can be attributed in part to its nature as a software-driven product, rendering its production in myriad countries accessible and affordable. The trajectory of the CD may also serve to invert ideas about the global consumption of consumer products. Whilst achieving global status may confirm the success of a product and further foster its production and consumption, products in the digital age cannot be assured any sort of longevity. Following initial commercial releases in 1982, global sales rose to a peak in the year 2000, with nearly 2.5 billion , but had dropped to pre-1990 levels by 2010, and digital music revenue overtook CD sales for the first time in 2014.

Source

After IFPI Recording Industry in Numbers, 1992-2015 and IFPI Global Music Report 2016