Music industries of all countries are booming the music revenue all around the world and all the country artists are doing the superb job to take their music at some level.
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Here is the Top 10 list of all countries which are famous for their extraordinary music and country artists:
- The United States
The music market in the United States is more than triple the size of any other’s countries, coming in at a projected $15.1 billion for 2016. Live music ticket sales make up the largest share of the market, home to six of the 10 highest grossing. Madison Square Garden in the New York city regularly welcomes more than 18,000 concert-goers. Katy Perry is one of the US biggest country artists.
- The United Kingdom
British songbird Adele was the most popular recording country artist in the world in 2015, according to IFPI, with four more Brit artists – Ed Sheeran, One Direction, Coldplay and Sam Smith – claiming spots in the top 10. The U.K. music market, projected to be $4.3 billion in 2016, has not seen any steady growth. The British Phonographic Industry the music Export Growth Scheme in 2013, offering grants to the U.K. – registered music companies to help with the international market. Coldplay is one of the biggest country artists in the UK.
Digital streaming and physical sales of vinyl records are both strong in the German music market, which is projected to reach $4.5 billion in 2016. The country has a unique balance of old and new; continued interest in traditional classical works keep the average age of a music buyer above the global norm, according to the IFPI, while the capital city Berlin became home to a burgeoning club scene centered around the modern house and techno music. Nena is one of the US biggest country artists.
While physical sales of music are on the steep decline all over the world, the Japanese remain smitten with their CDs, the price of CDs is legally fixed and physical sales are the expected to compromise half of the $4.3 billion music market in 2016. Local acts, like J-pop girl group AKB48, heavily weight the tops of music charts in Japan.
Music is important in France, where the average person listens to nearly two and half hours of music each day, according to a government website. The market is projected to be $1.8 billion in 2016. DJ David Guetta was most successful in terms of music exports in 2015 and former first lady Bruni’s album “Little French songs” went platinum. Alizee is one of France biggest country artists.
Three Canadian recording artists Justin Bieber, Drake and the Weeknd – were among the top 10 global recording artists in 2015, according to the IFPI. The city of Calgary has declared 2016 the year of music and British Columbia has a new $15 million music fund, helping the country on its way to a music market projected to reach $1.2 billion 2016. Justin Bieber is one of Canada biggest country artists.
India’s recorded music business will nearly double over the next five years, bringing in an annual income of 18.9bn Indian Rupee (The US $300 mln) in 2019.
That’s according to projections from KPMG in a new report based on information from the Indian music business in association with FICCI (the Federation of Indian Chambers of Commerce and Industry).
If India achieved this level of growth today, it would be elevated from its current position of 20th in the world’s biggest music markets by value. It would take a comfortable spot in the Top 10, ahead of the likes of South Korea, The Netherlands, Italy, Brazil, and Sweden.
KPMG’s figures place India’s music industry value for 2014 at 9.8bn Rupees ($155 mln).
That’s higher than the trade value estimate in the IFPI’s Recording Industry in Numbers 2015 – which pins India’s 2014 industry revenues at 6.1bn Rupees ($100m). Arijit Singh is one of India biggest country artists.
The Russian music market has seen significant transformation since pop duo t.A.T.u broke into international charts in 2002. It is projected to reach $1.1 billion in 2016, with even greater potential for growth left untapped in the country’s large population. The live market is expected to grow despite political conflicts – brought to the forefront by punk rock protest group Pussy Riot and others – that have deterred touring artists and spurred government restrictions.
2014 Spending rises to 149.9 million euros in a market ruled by “the absolute domination of music in Spanish.” Spain has achieved its first year-over-year gain in music sales in more than a decade. In 2014, consumer spending on recorded music reached 149.9 million euros, according to a report released Tuesday (Feb. 10) by Spanish music industry association PROMUSICAE.
Spanish pop stars Pablo Alboran and David Bisbal led artists in album sales, while Enrique Iglesias’ “Bailando” topped downloads and streaming on Spain’s end-of-year charts.
There’s a big growth in mobile music revenues in China, according to one forecast, which estimates that after 42.5% revenue growth last year, 2016 earnings will be up a further 41.4%. Mobile Music Revenues in China, 2013-2018 (billions of Chinese yuan renminbi and % change). Analysis International Enfodesk estimated that mobile music companies made RMB6.14 billion ($985.7 million) from downloads, subscriptions, shows and so forth, excluding revenues from the sale of ringtones. That was almost double revenue levels from just two years earlier, and rapid growth is far from over. This year, the forecast expects mobile music revenues to reach RMB8.68 billion ($1.39 billion), a figure that will again nearly double in two more years, to RMB16.50 billion ($2.65 billion). Faye Yong is one of China biggest country artists.
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