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.

Key Artist Statistics:

• 1.7 million new artists added in 2024 (approximately 4,600 daily)
• Top countries by artist growth: US (32%), UK (4.7%), France (3.8%), Germany (3.7%), Canada (3.6%), Italy (3.2%)

Career Level Breakdown:

• 818,000 new undiscovered artists
• 61,500 new developing artists
• 8,500 new mid-level artists
• 2,800 new mainstream artists
• 308 new superstar artists
• 65 new legendary artists

Top 10 Artists by Chartmetric Score:

1. Bruno Mars
2. Taylor Swift
3. Billie Eilish
4. Rosé
5. Drake
6. Lady Gaga
7. Justin Bieber
8. The Weekend
9. Eminem
10. Ariana Grande

Notable 2024 Trends:

• 13% of top 500 artists were Latin artists
• 25.7 million new tracks added (28,700 daily)
• Most popular release days: Fridays
• Peak release months: March, April, May
• 1,691 tracked genres
• Hip-hop, Dance, and Alternative were top genres

Platform Insights:

• Spotify: Only 14% of 11 million profiles have >10 monthly listeners
• Radio: 2,860 tracked stations, 2 million tracks, 1 billion total spins
• Leading radio artists: David Guetta, Chris Brown, Taylor Swift, Dua Lipa, Morgan Wallen, Post Malone

The report shows continued industry growth with increasing diversity in artists and genres, while highlighting the ongoing challenges for emerging artists in gaining visibility across platforms.

Related Articles

Previous Articles