Key Market Indicators
Czech Music Revenue is projected to climb to approximately €107 million by 2028, up from around €96 million in 2023. This growth represents a compound annual growth rate (CAGR) of 1.4%. Over the past decade, the Czech market has seen a year-on-year increase of 7.2%. Meanwhile, Czech Music Expenditure is expected to soar to roughly €11.9 billion by 2028, compared to €10.7 billion in 2023. This indicates an annual growth rate of 1.8% on average. Since the turn of the millennium, Czech demand in this sector has grown at an average rate of 3.8% per year. In 2023, the Czech Republic ranked 15th in music expenditure, with Finland surpassing it at €10.7 billion. Leading the ranking were Germany, France, and Italy, occupying the second, third, and fourth positions, respectively.