It’s without doubt that Electronic Dance Music has taken over in the United States. Here are some numbers to put it all into perspective as EDM continues to become a global phenomenon, with many of it’s biggest artists and fans coming from right here in the United States.
-
In 2014, 26% of all Nightlife events in the US were EDM related.
Photo: Hakkasan, Las Vegas NV
Slightly over one quarter of all nightlife activity was related to anything of electronic descent.
2. North America alone holds approximately 30% of the global EDM value.
This is equivalent to $1.9 billion out of the grand $6 billion overall worth.
3. In 2014, the 12 largest Electronic Music clubs in the US generated more than 500 million dollars in revenue.
Picture: IMS Business Report 2015: North America Edition
4. Over 20% of the DJ Mag Top 100 Clubs are in North America.
Picture: Exchange LA, Los Angeles CA
5. New York holds 12%, the biggest percentage of Electronic Music Track Sales.
Los Angeles holds the 2nd largest market with slightly less than 10%.
6. Dance is the 4th most popular genre in both the USA and Canada for streams.
7. Forbes’ top 9 highest earning DJ’s (Cash Kings) all have a Las Vegas Residency.
- Calvin Harris: Hakkasan
- David Guetta: XS & Encore, Wynn
- Avicii: XS Nightclub
- Tiesto: Hakkasan
- Steve Aoki: Wet Republic & Hakkasan
- Afrojack: Omnia
- Zedd: XS & Encore, Wynn
- Kaskade: XS & Encore, Wynn
- Skrillex: XS & Encore, Wynn
8. 57% of EDM fans use ridesharing apps like Uber, Lyft, etc.
9. North American DJ’s are some of the most popular worldwide.
10. Festival capacity has doubled since 2011 and quadrupled since 2009. Take a look for yourself.
Source: IMS Business Report 2015: North American Edition – A study of the regional Electronic Music Industry
Comments are closed.