According to the latest IMS Business Report, the electronic music industry was worth $15.1 billion in 2025.
As with every year, Mark Mulligan of MiDiA Research has presented his snapshot of the electronic music industry at this year’s edition of the International Music Summit in Ibiza. This year’s IMS Business Report analyzes live events, recorded music, technology, and other segments of the market to offer a glimpse of where the industry is heading.
Unsurprisingly, Afro house has continued to gain ground since the last report was published. It broke into Beatport’s chart of most downloaded genres at #10 in Q4 of 2023 and reached #6 by the end of the following year. And while it dropped to #7 on that platform in 2025, it shot up to #2 in Splice’s list of most-searched genres in the same period.
According to data volunteered by SoundCloud, house, hard techno, and minimal remained among the most popular dance music scenes in 2025. But a notable contender is Vinahouse, a fast-paced subgenre of house music that emerged in the ’90s shaped by distinct Vietnamese nightlife influence.
Electronic music’s share of festival lineups dropped slightly from 18% in 2024 to 17% in 2025. But across Facebook, YouTube, TikTok, Instagram, and Spotify, electronic music gained 558 million fans, 8% more than in 2024. This outpaced all other genres except hip-hop, which grew by 9% in the same period.
As always, the IMS Business Report includes one of the sum total industry valuations for which they’ve become famous. This year, Mulligan and company estimated that electronic music was worth $15.1 billion in 2025. This represents an increase of 0.9 billion — or 7% — over its estimated value in 2024.
The IMS Business Report also includes data on topics like AI products, BPI charts, publishing, and indvidual companies. Sign up to get a copy of the full report on the International Music Summit website.
