IMS Business Report
Electronic Music Industry Tops $6 Billion In 2021, Makes Key Strides In Web3: IMS Business Report
According to the newly published annual IMS Business Report 2022, electronic music continues to have an optimistic growth trajectory in a variety of key areas. As a sector, electronic music was valued at $6 billion in 2021, which is up 71% from 2020, but down 20% from 2019. Throughout the report, encouraging signs of the industry bouncing back in the aftermath of the pandemic continue to be apparent. Metrics including the number of festivals that book electronic artists and the quantity of search results for flights to Ibiza are up significantly year-over-year, but there’s still ground to cover when it comes to achieving the pre-pandemic levels of 2019. While the world was in a variable state of lockdown over the last two years, dance music made key strides in the digital arena. In 1...
Female DJ Representation Is on the Rise—But There’s a Long Way to Go
There has long been a disparity with gender in the electronic music space. However, according to the 2021 IMS Business Report, the gap is finally starting to close—albeit at snail speed. The annual data collected by this private company analyzes its findings through the lens of Google Search volume generated by DJ Mag‘s “Top 100 DJs” list. This year women had a slightly stronger presence on list, which is traditionally dominated by men. While the polarizing list has often come under scrutiny for ranking key figures in the industry at low slots, the fact that more and more women are being nominated by the public is a key indicator that we are seeing a shift in support. The latest iteration saw 13 female DJs listed—including five newcomers—which i...
