IMS Business Report 2018 reveals overall Electronic Music industry down 2% year on year to $7.3bn

International Music Summit today released the annual IMS Business Report, an in-depth economic study of the Electronic Music Industry, covering all aspects of the genre. Today it was delivered directly to the key leaders in the music industry at IMS Ibiza by author Kevin Watson.

The IMS Business Report is the annual leading industry study that provides vital and telling statistics of how the industry has grown or declined each year. The contents and data are used by professionals across the industry, referenced countless times in market research and journalistic reports, and is an essential tool for the electronic music business.

The following report illustrates some shifts in the overall value of the genre with a slight fall by 2% YoY, encouraging statistics and activations for Spotify, how social networks are helping artist to grow their fanbases at extraordinary rates and how investment is remaining positive overall.

Download the full report


About the author

For the last 20+ years, Damion has been an international touring DJ, promoter, touring agent, label owner, magazine editor and producer. He is currently the Group Editor and Managing Director of Decoded Magazine. Hear more at https://soundcloud.com/damionpell-1

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