Key Market Indicators
The Swiss music revenue is projected to reach approximately €88 million by 2028, a slight increase from around €88 million in 2023. This represents a stagnant growth rate of 0% per year on average. Since 2014, the Swiss music market has seen an average annual growth rate of 6.2%. On the expenditure front, Swiss music spending is expected to hit nearly €23.7 billion by 2028, rising from about €22.4 billion in 2023. This equates to an average annual growth rate of 0.9%. Swiss demand for music has been growing at an average rate of 1% per year since 2000. In 2023, Switzerland ranked 8th in terms of music expenditure. Sweden surpassed Switzerland with an expenditure of €22.4 billion. Leading the ranking were Germany, France, and Italy, which took the 2nd, 3rd, and 4th spots respectively.