live music industry statistics 2019

1. This statistic illustrates the annual revenue of recorded and live music in the Netherlands from 2013 to 2018, with a forecast for 2019 to 2023 (in million euros). "Live music industry revenue worldwide from 2014 to 2024 (in billion U.S. Figures have been rounded. Then you can access your favorite statistics via the star in the header. New, Everything you need to know about the industry development, Find studies from all around the internet. It’s the fastest-growing economy out of the top-10, projected 7% CAGR up until 2023.This almost unprecedented economic growth is powered by the population of 1,35 billion people, which keeps on rising — India is expected to … Total 2019 revenues of $11.1 billion were up 13% versus $9.8 billion the prior year. Ticket sales will make up $24 billion of that total. The ideal entry-level account for individual users. You need a Single Account for unlimited access. You only have access to basic statistics. Please create an employee account to be able to mark statistics as favorites. 2. The average ticket price in 2012 was $85.93, or $20 more than it was just three years before. Music streaming, we’re told, is how everyone gets their music. Retail sales in every sector of the music industry are declining except for online streaming music and live music. Then you will be able to mark statistics as favourites and use personal statistics alerts. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. Please do not hesitate to contact me. IQ Magazine. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). 3 Key Facts About the Live Music Industry. Global music sales grew for the fourth consecutive year in 2018 with streaming now accounting for almost half of all label revenue, according to … As a Premium user you get access to background information and details about the release of this statistic. The Global Entertainment & Media Outlook 2019–2023, the just-released 2019 update to the consulting firm’s respected annual Outlook report, finds live music ticket sales will increase at a compound annual growth rate (CAGR) of 3.33% from 2018 to 2023, from $21.256bn (projected) in 2018 to $25.036bn in 2023. The global music streaming market is estimated to grow at a CAGR of 7.4% from 2020 to 2027, to reach $46.9 billion in 2027. People love listening to their favorite records at home, but investing in a musician or a band and going to a live event provides a valuable social experience. (Business Wire, 2021) In 2019, the global market for music streaming was worth $26 billion. As soon as this statistic is updated, you will immediately be notified via e-mail. You can only download this statistic as a Premium user. In 2017, 29.1 million people attended concerts and festivals in the UK, a c.17% increase on the previous year. Statista. Dynamic, diverse markets drive global growth In 2018, the global recorded music market grew by 9.7%. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook A study exploring the global music industry found that worldwide live music revenues will amount to 31.05 billion U.S. As a result, revenue estimations vary between the different sources. IFPI GLOBAL MUSIC REPORT 2019 STATE OF THE INDUSTRY GLOBAL CHARTS 11. Guest Post on 05/30/2019 in Music … Please authenticate by going to "My account" → "Administration". Find industry analysis, statistics, trends, data and forecasts on Concert & Event Promotion in the US from IBISWorld. Global growth by region. 3. Whereas the body’s annual Global Music Report focuses on revenues, this study is all about people’s music habits: how much they’re streaming and buying music; what devices they’re doing it on; and whether … Learn more about how Statista can support your business. As a Premium user you get access to the detailed source references and background information about this statistic. Overall, Mintel estimates the value of the UK music festivals and concerts market to be worth just over £2.6 billion in 2019, up from £2.46 billion in 2018. It is the fourth consecutive year of global growth and the highest rate of growth since IFPI Click on the map for the growth figures in each region. * Forecast. 4 Live music Introduction 1. This feature is limited to our corporate solutions. Click on the map for the growth figures in each region. Update, Insights into the world's most important technology markets, Advertising & Media Outlook (212) 419-8286. hadley.ward@statista.com. Find industry analysis, statistics, trends, data and forecasts on Concert & Event Promotion in the US from IBISWorld. The global recorded music market grew by 9.7% in 2018, the fourth consecutive year of growth. The public sector amounts to 211.3 million euros (2019), and includes symphony orchestras, opera and ballet, military music and church music. RIAA Releases 2019 Year-End Music Industry Revenue Report. Get up to speed on any industry with comprehensive intelligence that is easy to read. Please do not hesitate to contact me. Drawing primarily on Citi and PwC estimations, the total revenue of the live industry can be put at around $9,5 billion. The RIAA provides the most comprehensive data on U.S. recorded music revenues and shipments dating all the way back to 1973. In 2018 and 2019, the forecast predicts revenues to reach $8.16 billion and $8.59 billion respectively. Continued strong growth to more than 60 million paid subscriptions drove the U.S. music industry to its fourth consecutive year of double digit growth. Statista. The RIAA provides the most comprehensive data on U.S. recorded music revenues and shipments dating all the way back to 1973. Global music-industry body the IFPI has published its latest ‘Music Listening’ report, for 2019, based on a survey of 34,000 people in 21 countries.. Live music has been about 33% of these total revenues each and every year. *Forecast. The way the live music industry has operated in the past is through collaboration between a number of parties, including promoters, talent agents, and venues. There are 226 million people in U.S. and Canada between 16 and 64 years of age, and fewer than 6% of them pay for a music subscription. Chart. September 10, 2020. Banks, consultants, sales & marketing teams, accountants and students all find value in IBISWorld. Directly accessible data for 170 industries from 50 countries Register in seconds and access exclusive features. Accessed February 21, 2021. https://www.statista.com/statistics/1096409/live-music-industry-revenue-worldwide-by-source/, IQ Magazine. "Live music industry revenue worldwide from 2014 to 2024, by source (in billion U.S. Between 2007 and 2019, global live music revenue grew by 5% annually. Please contact us to get started with full access to dossiers, forecasts, studies and international data. facts. Get exciting news, exclusive insights through leaders’ interviews, and much more! Independent labels employ about 3,900 people. For more in-depth analysis of 2019 data and trends, please see our “2019 RIAA Shipment & Revenue Statistics. Chart. The total export revenue of the music industry was £2.9bn, up from £2.7bn in the previous year. Accessed February 21, 2021. https://www.statista.com/statistics/1096424/live-music-industry-revenue-worldwide/, IQ Magazine. The ideal entry-level account for individual users. In 2019, market research firm IBISWorld’s Concert & Event Promotion in the U.S. report predicted that the concert industry’s total revenue will rise 1.9 percent annually through 2024, ultimately hitting $36.6 billion that year. You need a Single Account for unlimited access. Ariana Grande. So, if we didn’t have a live music industry, we would have £1 billion less in the UK.. Since 2006, worldwide music industry revenues have been more than $60 billion each year. In 2019, the total revenue of the recorded music industry amounted to 21.5 billion U.S. According to the calculation, the live concert industry’s total revenue will reach $31 billion in four years. The market has been severely impacted by 2020 lockdowns, with Live Nation experiencing a 98% year-on-year revenue decline in Q2. Industry Data. Industry Data. This is the definitive source of revenue data for the recorded music industry in the United States. Lauren Ryan, UK Leisure Analyst at Mintel, said: “The growth in music festivals and concert attendance is being driven by a weakened Pound, due to economic uncertainty surrounding Brexit. Goldman Sachs projects global live music revenue to decrease 75% in 2020 before recovering in 2021 or 2022. (September 10, 2020). Live music ticket sales revenues will break the $9 billion mark in 2020, generating an expected $9.1 billion. According to the calculation, the live concert industry’s total revenue will reach $31 billion in four years. New, Figures and insights about the advertising and media world, Industry Outlook Profit from additional features by authenticating your Admin account. Total ticket revenues from the live music industry topped $3 billion. Major Labels Lose Their Mojo. Figures have been rounded. In, IQ Magazine. Hadley Ward Mon - Fri, 9am - 6pm (EST) Live music industry revenue worldwide from 2014 to 2024 (in billion U.S. dollars) [Graph]. Engagement with streaming drives growth of the global music market . The live streaming services are pretty much self-explanatory: KuGou and KuWo Live allow artists to stream their live performances (imagine Twitch.tv, reserved exclusively for music-based content). (IFPI, 2020) Please create an employee account to be able to mark statistics as favorites. Advertising spending in the U.S. 2015-2022, Profit from additional features with an Employee Account. Figures for 2014 come from previous reports. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Global revenue of the recorded music industry 1999-2019, Digital music streaming penetration in the United Kingdom 2019, by demographic group, Music industry revenue in Europe 1997-2017. Is live music an industry in decline? In 2015 revenue related to the digital distribution of music (including downloads and consumer spend on music streaming services) came in at A$336m. Banks, consultants, sales & marketing teams, accountants and students all find value in IBISWorld. Streaming revenue grew by 34.0% and accounted for almost half (47%) of global revenue, driven by a 32.9% increase in paid subscription streaming. Around 80% of live revenue comes directly from ticket sales, while brand sponsorships and merchandise generate another 20%. It’s not just about the youngsters. According to the IFPI’s Global Music Report 2019 released today, the global recorded music market grew for the fourth consecutive year, increasing by 9.7 percent in 2018 with a total reported revenue of US$19.1 billion. dollars)." The average industry growth of independent label music production in the US from 2014 to 2019 is 2.5%. 2 The UK In 2019, most entertainment venues in the Italian region of Sicily hosted concertinos. A paid subscription is required for full access. 1 Moreover, the live music industry generated almost £1 billion Gross Value Added (GVA) for the UK economy and employed more than 28,000 people. "Live Music Industry Revenue Worldwide from 2014 to 2024, by Source (in Billion U.S. Kevin Westcott, Deloitte’s US Tech, Media, and Telecom leader, explores the biggest media trends for 2021 and shares his entertainment industry … (Business Wire, 2021) The global digital music revenue in 2019 hit $1.5 billion. Then you will be able to mark statistics as favourites and use personal statistics alerts. Live music attendance in the United Kingdom (UK) 2011-2018, Live music tourist attendance in the United Kingdom (UK) 2018, by region, Overseas music tourists: average spending in the United Kingdom (UK) 2011-2018, Concert and festival attendance in the United Kingdom (UK) 2012-2019. Value of the recorded music industry is based on the statistics of wholesale value, provided by Musiikkituottajat – IFPI Finland. Data for 2014 comes from previous reports. This feature is limited to our corporate solutions. Corporate solution including all features. "Live Music Industry Revenue Worldwide from 2014 to 2024 (in Billion U.S. This statistic is not included in your account. Profit from additional features by authenticating your Admin account. R&B/Hip-Hop with a 27.7% share is the most-consumed genre in 2019. and over 1 Mio. IQ Magazine. You need at least a Single Account to use this feature. Unlike digital and physical sales, revenue from streaming is constantly showing year-over-year positive growth. Figures released today in IFPI’s Global Music Report 2019 show total revenues for 2018 were US$19.1 billion. Try our corporate solution for free! Since spring 2020, the COVID-19 pandemic has been accelerating structural challenges and trends that have long faced the media and entertainment (M&E) industry. Once the dream of every artist, today’s artist is more likely to shun a … Brant David McLaughlin of Music Industry Insights breaks down eight music industry statistics, revealing some unexpected areas of growth, as well as. However, Live Nation Entertainment has taken over each of these sectors. (September 10, 2020). In 2017, 658 new artists signed to major labels. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Learn more about how Statista can support your business. Streaming & Radio Statistics. Dollars). The International Federation of the Phonographic Industry (IFPI) put the total value of the recording industry at $20.2 billion in 2019. Are you interested in testing our corporate solutions? The Live Music Industry Is Full Of Opportunities A spotlight on the thriving concerts, festivals and live branded activations By Music Industry Insights on January 24, 2019 0 Comments Global growth by region. Engagement with streaming drives growth of the global music market . Live music industry revenue worldwide from 2014 to 2024, by source (in billion U.S. dollars) [Graph]. The forecast suggests that the upward trend in ticket sales revenue will only continue; In 2017, revenue from ticket sales is predicted to reach approximately $7.74 billion. Music Streaming Revenue Statistics. A paid subscription is required for full access. Dollars). September 10, 2020. Please do not hesitate to contact me. Streaming made up nearly 80% of total revenues as the music industry has transformed … You can only download this statistic as a Premium user. Are you interested in testing our corporate solutions? Corporate solution including all features. ", IQ Magazine, Live music industry revenue worldwide from 2014 to 2024, by source (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1096409/live-music-industry-revenue-worldwide-by-source/ (last visited February 21, 2021), Live music industry revenue worldwide from 2014 to 2024, by source, Global live music industry revenue by source 2014-2024, Music industry gross value added (GVA) in the United Kingdom in 2018, by sector, Music industry export value in the United Kingdom (UK) 2018, by sector, Music industry employment in the United Kingdom (UK) 2019, by sector, Number of musicians in the United Kingdom (UK) 2011-2020, Number of music tourists in the United Kingdom (UK) 2016-2019, Live music event attendance in the United Kingdom (UK) 2015-2018, by tourist type, Spending generated by music tourism in the United Kingdom (UK) 2016-2019, Music tourist spending in the United Kingdom (UK) 2019, by region, Full-time jobs sustained by music tourism in the United Kingdom (UK) 2016-2019, Music tourism jobs in the United Kingdom (UK) in 2019, by region, Largest UK indoor arenas 2020, by capacity, Number of live shows at event venues in the UK and Ireland 2018, by genre, Average attendance at live shows in the UK and Ireland 2018, by genre, Music companies most subsidized by Arts Council England 2018-2022, London music companies most subsidized by Arts Council England 2018-2022, Number of classical music concerts screened in cinemas in the UK 2007-2018, Number of popular music concerts screened in cinemas in the UK 2007-2018, Revenues from pop music concerts screened in cinemas in the UK 2013-2018, Glastonbury Festival in the UK: Ticket prices 2014-2020, Glastonbury Festival: tickets sell-out time 2011-2020, When festival-goers buy tickets in the United Kingdom (UK) 2019, Who festival-goers attend festivals with in the United Kingdom (UK) in 2019, Reasons for attending music festivals in the UK 2019, Most important UK festival initiatives 2019, Opinions on UK festival line-up diversity 2019, When audiences will return to live events after lockdown in the UK and Ireland 2020, Booking live events after COVID-19: refund reassurances UK and Ireland 2020, Safety measures at live events after COVID-19 lockdown in the UK and Ireland 2020, Preferred venue types for events after COVID-19 lockdown in the UK and Ireland 2020, Europe: Opinion on live music streams during the coronavirus lockdown in 2020, Live music industry revenue in the U.S. by source 2012-2021, Change in ticket sales in the contemporary music industry Australia 2005-2017, Number of tickets sold in the contemporary music industry Australia 2017, by state, Music performance ticket sales South Korea 2012-2016, Music performance ticket sales South Korea 2016, by category, Live music industry revenue in the U.S. 2012-2021, Number of tickets sold in the live performance sector Western Australia 2009-2017, Revenue change of the contemporary music industry Australia 2005-2017, Revenue from live music entertainment in Denmark 2017, by area, Change in ticket sales in the live performance sector Australia 2005-2018, Average ticket price in the contemporary music industry Australia 2004-2017, Total number of tickets sold in the live performance sector Australia 2004-2018, Revenue distribution of live music companies in Ontario 2014, by source, Attendance change of the live performance sector Australia 2018, by category, Children's age when attending first live music event in the UK 2018, Coronavirus and the media: attitude to attending concerts U.S. 2020, Live music events attendance in the U.S. 2018, by event type, Concert revenue per event in Norway 2016-2018, Net billing of the live music industry by province Extremadura Spain, Sponsorship revenues per concert in Norway 2016-2018, Music industry in the United Kingdom (UK), Live music industry revenue worldwide from 2014 to 2024, by source (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. dollars)." facts. It’s true that … As of 2019, there are 3,338 independent labels in the US. You only have access to basic statistics. As a Premium user you get access to background information and details about the release of this statistic. New, Everything you need to know about the industry development, Find studies from all around the internet. For more in-depth analysis of 2019 data and trends, please see our “2019 RIAA Shipment & Revenue Statistics. That figure had risen to A$882m in 2019, and is expected to surge to A$1.44b by 2024, with a forecast of 10.31 percent CAGR. As a Premium user you get access to the detailed source references and background information about this statistic. According to a 2020 study exploring the global music industry, worldwide live music sponsorship revenues will amount to 6.28 billion U.S. ... 2016-2019; Live music event attendance in … Ariana Grande. Discover all 2019 music industry trends in the brand-new Midem News Magazine. Streaming revenue grew by 34 percent year over year and accounted for nearly half of global recorded music revenue, with 37 percent of total revenue … As soon as this statistic is updated, you will immediately be notified via e-mail. ", IQ Magazine, Live music industry revenue worldwide from 2014 to 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1096424/live-music-industry-revenue-worldwide/ (last visited February 21, 2021), Live music industry revenue worldwide from 2014 to 2024, Music streaming revenue worldwide 2005-2019, Music industry revenue distribution worldwide 2019, by source, Subscriber share of music streaming services worldwide 2019, Global live music industry revenue 2014-2024, Worldwide music tour gross revenues 2011-2020, Leading recorded music markets in Europe 2017, Leading live music markets in Europe 2018-2023, Online revenue forecast for Music Events in Europe until 2024, Digital Market Outlook: digital music revenue in European countries 2020, ARPU forecast for the Online Event Ticket market in Europe until 2024, Regularly used media for listening to music among teens in Germany 2019, Consumption of music within the past week in Denmark 2020, by frequency, Average time spent listening to music in Sweden 2019, by gender and age, Most popular genres of music in Poland 2019, Most popular music genres in Germany 2020, Share of young people who could be happy without music in Spain 2020, by age, Leading Android music apps in Germany 2020, by downloads, Leading music and audio apps in Google Play in the Netherlands 2020, by downloads, Leading music apps in Google Play in Great Britain 2020, by downloads, Leading Android music apps in France 2021, by downloads, Leading Android music apps in Italy 2020, by downloads, Leading music and audio apps in Google Play in Sweden 2020, by downloads, Attendance at live shows at event venues in Europe 2018, by genre, Spending on live events and shows in Europe 2018, by genre, Average attendance at live shows at event venues in Europe 2018, by genre, Average attendance at live shows at event venues in Europe 2018, by region, Average price of music festival tickets in Europe 2014-2018, Countries with the most major music festivals in Europe 2017, Festival attendance after the coronavirus lockdown in Europe in 2020, Europe: Opinion on live music streams during the coronavirus lockdown in 2020, Estimated loss in the music industry due to the coronavirus in Italy 2020, by sector, Economic impact of the coronavirus outbreak on the music sector in France 2013-2020, Safety measures at live events after COVID-19 lockdown in the UK and Ireland 2020, Booking live events after COVID-19: refund reassurances UK and Ireland 2020, Impact of the coronavirus outbreak on musicians' income in Sweden 2020, Live music industry revenue in the U.S. by source 2012-2021, Change in ticket sales in the contemporary music industry Australia 2005-2017, Number of tickets sold in the contemporary music industry Australia 2017, by state, Music performance ticket sales South Korea 2012-2016, Music performance ticket sales South Korea 2016, by category, Live music industry revenue in the U.S. 2012-2021, Number of tickets sold in the live performance sector Western Australia 2009-2017, Revenue change of the contemporary music industry Australia 2005-2017, Revenue from live music entertainment in Denmark 2017, by area, Change in ticket sales in the live performance sector Australia 2005-2018, Average ticket price in the contemporary music industry Australia 2004-2017, Total number of tickets sold in the live performance sector Australia 2004-2018, Revenue distribution of live music companies in Ontario 2014, by source, Attendance change of the live performance sector Australia 2018, by category, Children's age when attending first live music event in the UK 2018, Number of catering establishments with live background music in Hungary 2017-2019, Festival NovaBrasil audience 2019, by age, Importance of live music to individuals in Spain in 2013, Attendance of AFAS Live in the Netherlands 2015-2019, Provinces with the highest turnover from live music Spain 2018, Live music industry revenue worldwide from 2014 to 2024 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Producing countless noteworthy artists and boasting a massive pool of music-loving consumers, the country’s live and recorded music industry … Get up to speed on any industry with comprehensive intelligence that is easy to read. Update, Insights into the world's most important technology markets, Advertising & Media Outlook The music industry is responsible for an estimated 1.9 million jobs in the United States alone, per the Recording Industry Association of America (RIAA). Ticket sales will make up $24 billion of that total. Advertising spending in the U.S. 2015-2022, Profit from additional features with an Employee Account. In, IQ Magazine. The numbers for 2018 show that the industry is continuing on the growth path that started in … Before the Covid-19 pandemic struck, the UK music industry contributed £5.8bn to the UK economy in 2019, according to the Music By Numbers study published by UK Music. This statistic is not included in your account. According to various year-end reports, streaming is showing no signs of slowing down. The live music industry generated £1 billion Gross Value Added, which is basically a fancy term for the amount of goods and services produced in an economy minus the cost of the inputs and raw materials that go into producing those services. The 2019 edition has just been released and it brings you the latest music industry trends. Register in seconds and access exclusive features. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook New, Figures and insights about the advertising and media world, Industry Outlook This is the definitive source of revenue data for the recorded music industry in the United States. and over 1 Mio. You need at least a Single Account to use this feature. Please authenticate by going to "My account" → "Administration". Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. In 2018, India became the 5th biggest economy in the world in terms of the current GDP. This is a point that the IFPI stresses in the report. According to data (published at Statista.com) on the revenues of the live music industry in the U.S., live music tickets sales generated $6.78 billion in 2012 — since then, the numbers have continued only to grow.In 2013, sales of live music tickets amounted to $6.88 billion. Employment in the UK music industry was a record 197,168 at the end of 2019. Streaming is the future of the music industry. Are you interested in testing our corporate solutions? Indian Music Industry Stats: India's Digital Revolution By the Numbers. Directly accessible data for 170 industries from 50 countries The RIAA released its semiannual compilation of recorded music revenues this week. Then you can access your favorite statistics via the star in the header.

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