Clash: IMS Business Report 2025 Finds Huge Growth For Club Culture
One of the key takeaways from the IMS Business Report is the continued post-pandemic growth of electronic music as an industry
12 May 2025
“Global music industry revenue grew again in 2024, though at a slower rate than in 2023 due to maturing streaming revenues and the post-Covid live resurgence lessening. Electronic music, however, continued to increase its share of both revenues and culture. Driven by the rise of new genres like Afro house, a renaissance for genres like drum & bass, and the rise of a new generation of fans, creators and scenes remaking electronic music in their own image, electronic music finds itself at the start of a brave new era of culture resonance.”
The IMS Business Report 2025 has found numerous areas of growth for club culture and electronic music.
The annual conference and showcase returned to Ibiza, with music industry professionals from across the spectrum of club culture descending on the White Isle. This year felt particularly potent, with IMS exploring a number of different takes on the nightlife industries.
One of the key takeaways from the IMS Business Report is the continued post-pandemic growth of electronic music as an industry – in all, it’s worth across the past 12 months grew to $12.9 billion.
The 11th edition of the IMS Business Report has been authored for the third year by MIDiA Research’s Mark Mulligan, and it found that the rate of growth was measured by a “maturing” audience.