Market Overview:
The global electronic dance music market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electronic dance music from clubs, DJs & live acts, and other applications. In terms of type, dub is expected to be the fastest-growing segment during the forecast period, followed by hip hop and disco. Regionally, North America is expected to lead the market in terms of revenue during the forecast period.
Product Definition:
Electronic Dance Music (EDM), also known as dance music, club music, or simply electronic music, is a genre of popular music that originated in the early 1980s. It consists of rhythmic patterns and synthesizer-generated sounds played over a backing track of pre-recorded beats and percussion.
Dub:
Dub is a sound system technique that originated in Jamaica with roots in rhythm and blues, reggae, and African traditions. It was first used to provide a bass-heavy backing for singer/rapper's vocals. The term "dub" can be used for productions that are recorded using this technique or tracks where the original master tapes were processed through an effects unit (effects dub).
Hip Hop:
Hip Hop is a musical form that emerged in the 1970s and was brought to the mainstream by Grandmaster Flash & The Furious Five on their hit record “The Message”. Hip-hop has evolved into a global culture, which includes not only music but also clothing, language, film & television etc. It all started with hip-hop; graffiti art and breakdancing became an integral part of urban culture along with MCing (rapping).
Application Insights:
The clubs segment led the global electronic dance music market in 2017. This is attributed to the rising number of EDM events held across clubs, bars and pubs. Moreover, an increasing number of young adults from colleges and universities who are looking for fun and entertainment at nights Clubs/Bars is also a key factor driving this segment. According to a study conducted by the NSDUH (National Survey on Drug Use & Health) in 2016, it was found that nearly 40% of Americans aged 18-25 years listen to electronic dance music (EDM) every month. An increasing number of millennials having a positive outlook towards life coupled with easy access to digital technology has resulted in increased interest among them towards nightlife activities which eventually boosts club business significantly.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to presence of a large number of electronic music concerts and clubs, which has been boosting the demand for EDM music. Furthermore, U.S.-based producers such as Avicii have been creating new trends in electronic dance music and are thus contributing to regional growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing popularity of various types of electronic dance music in countries such as China, India, Japan among others due to rising disposable income and changing lifestyles especially urbanization resulting into growing popularity for western popular culture including EDM concerts & DJ performances Live Shows).
Growth Factors:
- Increasing demand for live music concerts and festivals
- Proliferation of digital platforms and technologies for music consumption
- Growing popularity of dance-based workouts and fitness regimes
- Rising number of nightclubs, bars, and lounges that feature EDM DJs and artists
- Emergence of new subgenres within EDM that attract new fans
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Dance Music Market Research Report
By Type
Dub, Hip Hop, Disco, House Music, Others
By Application
Clubs, DJs & Live Acts, Others
By Companies
Spinnin’ Records, Mad Decent, Ultra Music, Armada Music, OWSLA, Monstercat, Ministry of Sound, Revealed Recordings, Dim Mak, Defected
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Dance Music Market Report Segments:
The global Electronic Dance Music market is segmented on the basis of:
Types
Dub, Hip Hop, Disco, House Music, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Clubs, DJs & Live Acts, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Spinnin’ Records
- Mad Decent
- Ultra Music
- Armada Music
- OWSLA
- Monstercat
- Ministry of Sound
- Revealed Recordings
- Dim Mak
- Defected
Highlights of The Electronic Dance Music Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dub
- Hip Hop
- Disco
- House Music
- Others
- By Application:
- Clubs
- DJs & Live Acts
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Dance Music Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Some of the key players operating in the electronic dance music market are Spinnin¢â‚¬â„¢ Records, Mad Decent, Ultra Music, Armada Music, OWSLA, Monstercat, Ministry of Sound, Revealed Recordings, Dim Mak, Defected.
The electronic dance music market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Dance Music Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Dance Music Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Dance Music Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Dance Music Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Dance Music Market Size & Forecast, 2018-2028
4.5.1 Electronic Dance Music Market Size and Y-o-Y Growth
4.5.2 Electronic Dance Music Market Absolute $ Opportunity
Chapter 5 Global Electronic Dance Music Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronic Dance Music Market Size Forecast by Type
5.2.1 Dub
5.2.2 Hip Hop
5.2.3 Disco
5.2.4 House Music
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Dance Music Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronic Dance Music Market Size Forecast by Applications
6.2.1 Clubs
6.2.2 DJs & Live Acts
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Dance Music Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Dance Music Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Dance Music Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Dance Music Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Dance Music Market Size Forecast by Type
9.6.1 Dub
9.6.2 Hip Hop
9.6.3 Disco
9.6.4 House Music
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronic Dance Music Market Size Forecast by Applications
9.10.1 Clubs
9.10.2 DJs & Live Acts
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronic Dance Music Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Dance Music Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Dance Music Market Size Forecast by Type
10.6.1 Dub
10.6.2 Hip Hop
10.6.3 Disco
10.6.4 House Music
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronic Dance Music Market Size Forecast by Applications
10.10.1 Clubs
10.10.2 DJs & Live Acts
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronic Dance Music Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Dance Music Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Dance Music Market Size Forecast by Type
11.6.1 Dub
11.6.2 Hip Hop
11.6.3 Disco
11.6.4 House Music
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronic Dance Music Market Size Forecast by Applications
11.10.1 Clubs
11.10.2 DJs & Live Acts
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronic Dance Music Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Dance Music Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Dance Music Market Size Forecast by Type
12.6.1 Dub
12.6.2 Hip Hop
12.6.3 Disco
12.6.4 House Music
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronic Dance Music Market Size Forecast by Applications
12.10.1 Clubs
12.10.2 DJs & Live Acts
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronic Dance Music Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Dance Music Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Dance Music Market Size Forecast by Type
13.6.1 Dub
13.6.2 Hip Hop
13.6.3 Disco
13.6.4 House Music
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronic Dance Music Market Size Forecast by Applications
13.10.1 Clubs
13.10.2 DJs & Live Acts
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Dance Music Market: Competitive Dashboard
14.2 Global Electronic Dance Music Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Spinnin’ Records
14.3.2 Mad Decent
14.3.3 Ultra Music
14.3.4 Armada Music
14.3.5 OWSLA
14.3.6 Monstercat
14.3.7 Ministry of Sound
14.3.8 Revealed Recordings
14.3.9 Dim Mak
14.3.10 Defected
