Leading live music markets in Europe 2018-2023

With an estimated market value of roughly 1.9 billion U.S. dollars in 2019 and a forecast of 2.1 billion dollars in 2023, the leading music market in Europe is Germany. These forecast figures show growth in most countries, but none will see an increase as high as in Germany over the next few years.

What are people listening to?

In Germany, the most popular music genres are rock and pop music, according to this 2019 survey. In the United Kingdom, the most listened to genres are pop, R&B and soul, and dance. The UK was second in the ranking of leading music markets with an estimated 1.5 billion U.S. dollars in 2019. 

And where are they going to listen?

Music festivals are a big part of the live music scene in Europe. The UK had the most major music festivals in Europe in 2017. The price of music festivals in Europe has been increasing steadily, with an average price of 178.12 euros in 2018.