*Featured Cover Photo Credit: International Music Summit
The International Music Summit (IMS) has released their 2024 Business Report and stated that the value of the dance music industry reached $11.8 billion. How the dance music industry arrived at the $11.8 billion mark shows how widespread it became globally in many major markets, including rising ones in Asia, Africa, and Latin America. The $11.8 billion value for the dance music industry rose up 17% from the previous year, which also followed up from the 34% growth from two years before as well.
In fact, Mark Mulligan, Managing Director and Analyst at MIDiA Research,…
