Electronic music’s global value hits $12.9 Billion as cultural impact widens [IMS Ibiza 2025 Report]

Electronic music industry valuation hits $12.9 billion in 2024, with growth driven by scenes, fans, and creator participation.

Unveiled during the opening of IMS Ibiza 2025, the IMS Business Report offers a panoramic view of where electronic music stands today – and where it’s heading. This year’s top-line figure confirms that the global electronic music industry reached a valuation of $12.9 billion, marking a 6% year-on-year increase.

This growth, while slightly slower than the previous year’s 9%, reflects a maturing ecosystem that remains culturally vital and commercially resilient. With revenue now spread across festivals, clubs, publishing, hardware, software, and expanded rights, electronic music’s strength lies in its diversity – not its dependence on any single income stream.

This isn’t just market growth – it’s cultural evolution at scale

Electronic music industry continues cultural and commercial ascent with $12.9 billion global valuation and deepening scene engagement worldwide. From club nights in Ibiza to TikTok creators in Mexico and AI-powered remixers in India, this is no longer a genre with borders – it’s a format of expression evolving in real time.

The report also points to rising fan participation, expanded creator tools, and a new generation reshaping long-established genres like drum & bass and trance – often through grassroots scenes with global influence.

You can download the IMS Business Report, written by Mark Mulligan and MIDiA research here.