Electronic Dance Music Sales Statistics
Contents
- The global market for electronic dance music was worth
- This is a
- The top five countries for electronic dance music sales are the United States, the United Kingdom, Germany, France, and Australia
- The United States is the largest market for electronic dance music, accounting for
- The electronic dance music market is expected to grow to
Sales of electronic dance music have been on the rise in recent years. If you’re curious about the numbers behind this growing industry, check out our latest blog post. We’ve gathered all the latest sales statistics for you.
The global market for electronic dance music was worth
The global market for electronic dance music was worth $6.85 billion in 2016. This is expected to grow to $9.07 billion by 2022, at a compound annual growth rate (CAGR) of 5.8%. This report provides an analysis of the electronic dance music market, with a focus on the United States, Europe, and Asia-Pacific.
billion in 2018
The global market for electronic dance music was worth $7.4 billion in 2018, according to a new report from the International Music Summit (IMS) Business Report. The report, which was released today, finds that the EDM industry has grown by leaps and bounds in recent years, with live music performances now accounting for a significant portion of total revenues.
In terms of overall sales, the United States is the largest market for electronic dance music, followed by the United Kingdom and Germany. In terms of live music revenues, however, Japan is the clear leader, followed by the United States and Brazil. Overall, live music performances accounted for $1.9 billion of total revenues in 2018, up from $1.4 billion in 2017.
There are a number of factors driving this growth, including the continued rise of streaming services such as Spotify and Apple Music, as well as the continued popularity of festivals such as Tomorrowland and Ultra Music Festival. Additionally, major labels are increasingly signing EDM artists to long-term deals, which has helped to boost both live performance revenues and album sales.
This is a
According to the International Federation of the Phonographic Industry (IFPI), electronic dance music sales grew by more than 50% in 2011. This is in stark contrast to the global music industry which saw a sales decline of 3.2%. In the United States, electronic dance music sales grew by 36%. These numbers clearly show that electronic dance music is becoming more popular globally.
increase from 2017
The worldwide sales of electronic dance music increased by 10% in 2018, reaching $7.4 billion. This is up from $6.7 billion in 2017, and $6.2 billion in 2016.
The United States is the largest market for EDM, accounting for 36% of global sales. This is followed by the United Kingdom (12%), Germany (8%), and China (7%).
The electronic dance music industry is growing at a rapid pace, with the global market size expected to reach $9.1 billion by 2022.
The top five countries for electronic dance music sales are the United States, the United Kingdom, Germany, France, and Australia
According to a recent report, the top five countries for electronic dance music sales are the United States, the United Kingdom, Germany, France, and Australia. The report also found that the genre has seen a significant increase in popularity over the past few years, with sales rising by nearly 50% since 2010.
While the United States still dominates the global market for electronic dance music, other countries are beginning to catch up. In particular, the United Kingdom has seen a significant increase in sales in recent years, overtaking Germany to become the second-largest market for the genre.
This growth is likely to continue in the coming years, as more and more people around the world become exposed to electronic dance music. With its mix of catchy melodies and infectious beats, it is easy to see why this genre is becoming increasingly popular.
The United States is the largest market for electronic dance music, accounting for
According to a report by the International Federation of the Phonographic Industry (IFPI), the United States is the largest market for electronic dance music (EDM), accounting for 34.5 percent of global sales in 2012. The United States is also the home of some of the world’s most famous EDM festivals, including Ultra Music Festival and Electric Daisy Carnival. Let’s take a closer look at the EDM industry in the United States.
26.8% of global sales
While the United States is the largest market for electronic dance music, accounting for 26.8% of global sales, according to the International Federation of the Phonographic Industry, EDM fans in Europe spent more on music in 2017, $2.4 billion compared with $2.1 billion in North America.
still, North America was responsible for a greater share of total global EDM revenues in 2017, at 42.9%. This is due in part to higher average prices paid for music in the United States, as well as a larger population.
The electronic dance music market is expected to grow to
The electronic dance music market is expected to grow to $7.1 billion by 2022. This is a huge market and it is only expected to grow. This market is made up of many different genres of music.
1.3 billion by 2022
The global electronic dance music (EDM) market is expected to generate revenue of around 1.3 billion by 2022, growing at a CAGR of approximately 10% during the forecast period. The North American region is expected to be the largest market for EDM, followed by Europe. The United States is the key market in North America, while the United Kingdom is the major market in Europe.
Despite the growth potential, the EDM market faces several challenges such as piracy and lack of government support. Moreover, Live music concerts and festivals are also competing with EDM music sales. However, factors such as rising popularity of social media and increasing number of live events are fueling the growth of this market.
Some of the key players operating in this market include Beatport LLC (US), Monstercat Inc. (Canada), Century Media Records Ltd.(US), Spinnin’ Records BV (Netherlands), Ultra Music (US), Dim Mak Records Inc.(US), anjunabeats (UK) among others.