Global EDM Market Now Worth $6.9 Billion

Midnight-Conspiracy-

SOURCE: BILLBOARD

EDM had another successful year in 2014, with a 12% increase in sales and a final worth of $6.9 Billion. According to the IMS Business Report 2015, the market rose from $6.2 Billion in 2013 to its current number, with the US accounting for 29%, or $2 Billion, of the market. Additionally, 26% of all nightlife events were EDM related. EDM has significantly grown since 2011 with more attendants at each festival, online sharing, and, subsequently, international recognition. To check out the rest of the report, read the IMS Business Report for 2015 here. We can only expect the genre to grow even more in 2015. That is, if people stop dying at festivals.

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