2024 Music Industry Data: Chartmetric Report Reveals Key Milestones and Artist Growth
Chartmetric's 2024 Year in Music Report reveals significant growth and trends in the music industry, tracking over 11.1 million artists and 126 million tracks.
Chartmetric music artists grid photo collage
Key Statistics:
- 1.7 million new artists added in 2024 (averaging 4,600 daily)
- 25.7 million new tracks ingested (28,700 daily)
- 2,800 artists reached mainstream status
- 308 artists achieved superstar status
Top Artist Representation by Country:
- United States (32%)
- United Kingdom (4.7%)
- France (3.8%)
- Germany (3.7%)
- Canada (3.6%)
- Italy (3.2%)
Top 10 Artists by Chartmetric Score 2024:
- Bruno Mars
- Taylor Swift
- Billie Eilish
- Rosé
- Drake
- Lady Gaga
- Justin Bieber
- The Weekend
- Eminem
- Ariana Grande
Notable Trends:
- Latin artists represent 13% of top 500 artists
- KAROL G peaked at #13, highest-ranked Latin artist
- Hip-Hop, Dance, and Alternative were the most-added genres
- Friday remains the most popular release day
- Peak release months: March, April, and May
Platform Insights:
- Only 14% of Spotify profiles have more than 10 monthly listeners
- 37% of active profiles exceed 1,000 monthly listeners
- Radio remains influential with 2,860 tracked stations
- Leading radio artists: David Guetta, Chris Brown, Taylor Swift, Dua Lipa, Morgan Wallen, Post Malone
The report demonstrates continued industry growth, with particular strength in Latin music and streaming platforms, while highlighting the ongoing challenges for emerging artists in gaining visibility.
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