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Music Market Outlook 2022 - 2026

Daily Updated Industry Statistics and Top Emerging Trends about the Music Industry

European Music Trends in 2022

Music is part of Media And Entertainment and includes a number of sub-sectors such as Record Label, Concert, Music Distribution and Music Production. You may also be interested in Broadcasting and Advertising.

European music revenue is set to reach €12.3 billion by 2026. Since 2016, the market has grown by an average of 1.9% each year, with Germany taking the lead in 2021 with €3.44 billion in revenue. The UK, France, and Sweden came in at numbers 2, 3, and 4. There were significant changes in the region too, with Macedonia increasing 19.5% year-on-year and Cyprus decreasing 100%. Meanwhile, European music expenditure is set to reach €744.35 billion by 2026. This is a slight decrease of 0.1% year-on-year, with the UK leading the way in 2021 with €159.13 billion. Germany, France and Italy followed in 2nd, 3rd and 4th place. Albania saw a 6.1% increase since 2016, while Spain decreased 5.2%.

Top 10 countries

In 2022 major markets in the Music Industry were:

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Music Market Data and Forecasts

How much the Music industry is expected to grow to 2026?

Forecast: Turnover of Sound Recording and Music Publishing in Greece
Forecast: Turnover of Sound Recording and Music Publishing in Sweden
Forecast: Turnover of Sound Recording and Music Publishing in Slovenia
Forecast: Turnover of Sound Recording and Music Publishing in Latvia
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