Based on the 2024 forecast data, Germany leads with €29.89 million, closely followed by the United Kingdom at €28.6 million. Sweden (€7.93 million) and France (€7.89 million) also show significant figures. Notably, Romania exhibits the highest YoY growth rate with 11.92%, while Belgium faces the steepest decline at -20.84%.
The increasing digitalization and global consumption of music suggest robust growth in the sector. Data-driven personalization in music distribution and a rise in subscription-based models are likely to influence future trends. Countries with higher growth rates, such as Romania and Lithuania, reflect emerging market potential.
Top countries in Wages and Salaries of Sound Recording and Music Publishing Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.89 | 2023 | +4.55% | +1.64% | View data |
| 2 | 2 United Kingdom | 28.6 | 2023 | +2.49% | +4.35% | View data |
| 3 | 3 Sweden | 7.93 | 2023 | +4.07% | +5% | View data |
| 4 | 4 France | 7.89 | 2023 | -4.4% | -0.97% | View data |
| 5 | 5 Netherlands | 4.87 | 2023 | +4.21% | +4.49% | View data |
| 6 | 6 Spain | 3.62 | 2023 | 0% | +0.77% | View data |
| 7 | 7 Denmark | 2.17 | 2023 | +3.24% | +1.92% | View data |
| 8 | 8 Norway | 2.09 | 2023 | +1.84% | +3.17% | View data |
| 9 | 9 Poland | 2.05 | 2023 | +9.27% | +5.13% | View data |
| 10 | 10 Finland | 1.99 | 2023 | +1.94% | +2.9% | View data |
