Key Market Indicators
British Music Expenditure is forecast to rise to €173 billion by 2026, growing at an average of 0.9% a year since 2021. This is despite a 0.2% year-on-year decline since 2000. Germany, France and Italy ranked second, third and fourth respectively in terms of music expenditure. Meanwhile, British Music Revenue is expected to reach €4 billion by 2026, representing an average growth rate of 2.4% yearly from 2021. Since 2013, the British market has grown by 3.5% annually.