With an estimated market value of roughly 1.9 billion U.S. dollars in 2019 and a forecast of 2.1 billion dollars in 2023, the leading music market in Europe is Germany. These forecast figures show growth in most countries, but none will see an increase as high as in Germany over the next few years.
What are people listening to?
In Germany, the most popular music genres are rock and pop music, according to this 2019 survey. In the United Kingdom, the most listened to genres are pop, R&B and soul, and dance. The UK was second in the ranking of leading music markets with an estimated 1.5 billion U.S. dollars in 2019.
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IQ Magazine. (September 17, 2019). Ranking of European live music markets based on estimated market value from 2018 to 2023** (in million U.S. dollars) [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/687692/top-live-music-markets-in-europe/
IQ Magazine. "Ranking of European live music markets based on estimated market value from 2018 to 2023** (in million U.S. dollars)." Chart. September 17, 2019. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/687692/top-live-music-markets-in-europe/
IQ Magazine. (2019). Ranking of European live music markets based on estimated market value from 2018 to 2023** (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/687692/top-live-music-markets-in-europe/
IQ Magazine. "Ranking of European Live Music Markets Based on Estimated Market Value from 2018 to 2023** (in Million U.S. Dollars)." Statista, Statista Inc., 17 Sep 2019, https://www.statista.com/statistics/687692/top-live-music-markets-in-europe/
IQ Magazine, Ranking of European live music markets based on estimated market value from 2018 to 2023** (in million U.S. dollars) Statista, https://www.statista.com/statistics/687692/top-live-music-markets-in-europe/ (last visited October 30, 2024)
Ranking of European live music markets based on estimated market value from 2018 to 2023** (in million U.S. dollars) [Graph], IQ Magazine, September 17, 2019. [Online]. Available: https://www.statista.com/statistics/687692/top-live-music-markets-in-europe/