Global EDM Market is now worth $6.9 BILLION

Posted at May 25th, 2015 | by Supreet.cheema | in

For those who say that EDM is just a phase and will pass soon, get ready to be disappointed by some real numbers. According to the latest annual report of International Music Summit (IMS) on the EDM industry, the global EDM industry had a value of $6.9 billion last year, up 12 percent from $6.2 billion in 2013.

The business report was unveiled during the annual International Music Summit held May 20th to 22nd in Ibiza. In building this figure, IMS has included a wide range of EDM-related categories, from live revenues to DJ product and software sales, and uses sources like The Economist, Nielsen and more. The reports show that North America alone is estimated to represent roughly 29 percent, or $2 billion, of the global market. Asia Pacific accounts for $1 billion of the EDM market.
The study also revealed some interesting stats about the EDM industry. For example the ten most popular DJs earned $305 million last year. The top 3 earners in the DJ category from 2012-2014 were Calvin Harris, David Guetta, and Avicii; Calvin Harris occupies the first position with an estimated $66 million, or nearly 1 out of every 100 dollars generated in last year’s $6.9 billion market. Check out the full IMS report here.


With such trends, the EDM market is showing no signs of slowing down anytime soon.



Psy Legends Vini Vici Are Coming To India This November

Psychedelic Trance dignitary Vini Vici are planning an India tour later thi ...

20 Night Clubs In India That You Need To Party At

There are very little things that may beat going out partying that would ma ...

One Republic Are Coming To India Next Month

One of the greatest Pop-Rock bands of our time are hitting up India next mo ...

Troyboi Is Coming Back For An India Tour This Month

It seems like Troyboi will be coming back for more after his debut India to ...

Cafés In Mumbai That Won't Burn A Hole In Your Pocket

Mumbai is yuuge and as a result there are loads and loads of quirky and min ...

Nightlife Spots In Mumbai You Can Party At After 1AM

Of many things that Mumbai is popular for, nightlife is one. A drive along ...


James Blunt's India Tour Has Been Cancelled

As soon as he announced his tour back in December of last year, it has been ...

Pune Boys SCARR Make Their Mark With Their Remix For David Guetta & Martin Garrix's Collab "Like I Do"

You may have heard of them or not but this Pune based duo is as exemplary a ...

How Play Life Records Is Breaking Barriers And Honing India's Local Dance Music Talent

A lot of you may not be aware of this but there is an insanely unique new r ...

Progressive Brothers Release Stunning New Track "Flipside"

One of the best Dance Music acts out of New Delhi is back with a stunning n ...

India's First Ever Meme Fest Will Be Taking Place Later This Month

You heard that right, as India continues to immerse itself deep in meme cul ...

deadmau5 Announces Revolutionary Full-Orchestral Album

deadmau5 has a long list of collective music on his CV and if we take-in th ...

Find Events

In your city, in your neighbourhood. Coming soon.

What’s Trending

What trends never ends.


Follow Us on Insta for #GVOStuff