- News
5 Key Takeaways from the IMS Business Report 2025
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By Ryan Moss
- 28 Apr 2025
- 5 min read
Header: https://www.internationalmusicsummit.com/
The International Music Summit (IMS) Business Report launched last week, and if you’re a promoter or industry specialist, it’s a vital piece of information.
Now in its 11th edition, the report, authored by MIDiA Research’s Mark Mulligan, highlights key trends and data shaping the future of electronic music worldwide.
If you couldn’t make it to Ibiza this year for the IMS, we’ve got you covered.
Here are 5 key takeaways from the report.
The Global Electronic Music Industry Continues to Grow
The global electronic music industry expanded by 6% in 2024, reaching a total value of $12.9 billion. This marks another year of steady growth for the sector, highlighting its resilience and enduring appeal in an evolving global music market.
Electronic Artists Strengthen Their Presence at Festivals
Electronic acts command a larger share of the world’s biggest festival line-ups. In 2024, 18% of artists booked at the top 100 festivals were from electronic genres, up from 16% in 2023 and 13% in 2021. The data underlines the genre’s increasingly central role on the global festival circuit.
Ibiza Remains The Summer Party Destination
Sustained revenue means that Ibiza is still the premier summer party destination. In 2024, club ticketing revenue reached €150 million, a 6% increase on 2023’s €141 million figure.
While the number of events per venue has declined modestly and ticket volumes have slightly dropped, higher average ticket prices have helped maintain revenue growth. Importantly, these figures account for ticketing alone, meaning the overall economic impact, including VIP spend and tourism revenue, is even greater.
Live Music Revenues Stabilise at Historic Highs
Following the post-Covid boom, live music revenues have settled at an exceptionally high level. Leading companies including Live Nation, Eventim, HYBE, JYP, SM, and Avex collectively generated $27 billion in 2024, up from $25.8 billion in 2023. The figures show that the live events sector has not only recovered from the pandemic but is now operating at more than double its pre-Covid scale.
Positive Signs in Gender Diversity Among DJs
Progress continues to be made towards greater gender diversity in electronic music. AlphaTheta’s data shows a steady rise in its registered female DJ userbase, reaching 16% in 2024 — up from 14% in 2023 and 13% in 2022. While the figures highlight that there is still significant work to be done to close the gender gap, the upward trend points to important shifts within the industry.
To download and read the rest of the report, head to https://www.internationalmusicsummit.com/news/ims-business-report-2025
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