New Study Finds Out How Much EDM Is Really Worth

There is no doubt that the world of electronic dance music is on fire right now, with different topics trending on a seemingly daily basis. That being said, numbers don’t lie. So, let’s take a look at some:

EDM grew 37% in valuation from 2012/13 to 2013/14, an unprecedented growth seldom seen in the music industry that raised valuation from $4.5 to $6.2 billion. The official estimates from the International Music Summit: Ibiza are now in for 2013/14 – 2014/15 and measure an additional 12% growth, raising the international value of the electronic dance music industry to a whopping $6.9 billion.

This accompanies a $2 billion valuation for the whole of EDM in North America and $1 billion in the Asia-Pacific region.

In addition to the expected infographics, Kevin Watson – the man behind the IMS report, threw in some fun factoids courtesy of Eventbrite. For example a quarter of all nightlife tickets sold in the US are for electronic music events, and an average night out costs around $80.

Check out the full IMS Ibiza report here for accurate information about the state of the EDM industry and current trends.