Try our corporate solution for free!
(212) 419-8294
vianny.gutierrez-cruz@statista.com

Music industry in Finland - statistics & facts

The Finnish music industry today is characterized by digital transformation. Digital sales have accounted for the majority of recorded music sales since 2014 in Finland. In 2020, as much as 92 percent of the recorded music industry revenue was generated by digital music sales, which reached 43.1 million euros that year. At the same time, the revenue from physical music sales has fallen steeply, dropping to a record low of 3.88 million euros in 2020. However, recorded music sales have seen an upward trend in recent years, despite the declining physical music sales. After falling below 36 million euros in 2014, music sales started to grow again and reached 47 million euros as of 2020.

The largest music companies in Finland are Universal Music, Warner and Sony Music Entertainment Finland, each holding a 28 to 36 percent market share. Finnish music in the 20th century was first dominated by schlager music and jazz, later moving on to rock, pop, heavy metal, hip hop and rap. Finnish listeners are known for their love of heavy rock and metal music, with bands such as Nightwish, HIM, Children of Bodom and Iron Maiden enjoying popular success. However, internatuional artists and bands made up the majority of physical music sales in 2020.

According to a 2020 survey, radio was the most common source for discovering new music. Approximately one-third of music is accessed via YouTube, and paid streaming services account for one-fourth of usage. As of 2020, the most popular digital music platforms among Finns are YouTube and Spotify. During the coronavirus (COVID-19) lockdown, the use of digital services for music streaming somewhat increased in Finland. The share of users streaming music on Spotify and Facebook grew by five percent, and Youtube and Instagram was also used slightly more frequently for music streaming in April 2020.

Key figures

The most important key figures provide you with a compact summary of the topic of "Music industry in Finland" and take you straight to the corresponding statistics.

Digital music sales

Physical music sales

Music consumption

Interesting statistics

In the following 4 chapters, you will quickly find the 29 most important statistics relating to "Music industry in Finland".

Music industry in Finland

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!
TOP SELLER

Music industry in Finland - statistics & facts

The Finnish music industry today is characterized by digital transformation. Digital sales have accounted for the majority of recorded music sales since 2014 in Finland. In 2020, as much as 92 percent of the recorded music industry revenue was generated by digital music sales, which reached 43.1 million euros that year. At the same time, the revenue from physical music sales has fallen steeply, dropping to a record low of 3.88 million euros in 2020. However, recorded music sales have seen an upward trend in recent years, despite the declining physical music sales. After falling below 36 million euros in 2014, music sales started to grow again and reached 47 million euros as of 2020.

The largest music companies in Finland are Universal Music, Warner and Sony Music Entertainment Finland, each holding a 28 to 36 percent market share. Finnish music in the 20th century was first dominated by schlager music and jazz, later moving on to rock, pop, heavy metal, hip hop and rap. Finnish listeners are known for their love of heavy rock and metal music, with bands such as Nightwish, HIM, Children of Bodom and Iron Maiden enjoying popular success. However, internatuional artists and bands made up the majority of physical music sales in 2020.

According to a 2020 survey, radio was the most common source for discovering new music. Approximately one-third of music is accessed via YouTube, and paid streaming services account for one-fourth of usage. As of 2020, the most popular digital music platforms among Finns are YouTube and Spotify. During the coronavirus (COVID-19) lockdown, the use of digital services for music streaming somewhat increased in Finland. The share of users streaming music on Spotify and Facebook grew by five percent, and Youtube and Instagram was also used slightly more frequently for music streaming in April 2020.

Interesting statistics

In the following 4 chapters, you will quickly find the 29 most important statistics relating to "Music industry in Finland".

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Vianny Gutierrez-Cruz
Vianny Gutierrez-Cruz
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Ziyan Zhang
Ziyan Zhang
Customer Relations– Contact (Asia)

Mon - Fri, 11:30am - 10pm (IST)

Contact Kisara Mizuno
Kisara Mizuno
Customer Success Manager– Contact (Asia)

Mon - Fri, 9:30am - 5:30pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Associate Director - LAC– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)