After the success of the first ever UK Electronic Music Industry Report, the NTIA presents ‘Electronic Beats, Economic Treats 2024’ in collaboration with Audience Strategies, highlighting the cultural vibrancy, economic significance, and evolving trends within the sector.

The second annual report aims to fully understand the economic contribution and the cultural significance of the electronic music industry to the UK economy and presents a comprehensive overview of the electronic music scene, from the energy of the dance floor to the creativity within recording studios, celebrating the diverse talent propelling the industry. The report will also cover the sector's economic contributions, including recorded music, music publishing, and the vibrant live scene encompassing concerts, events, and festivals, plus new analysis into the perspectives of the audiences that make up the electronic music scene.

This year's findings highlight the industry's significant contributions and the evolving trends shaping our national economy.

Key highlights from the 2024 report are:
- Digital Dominance: Electronic music's impressive rank as the second most popular
genre on the UK's digital music platforms
- Festival Frontiers: The genre's lead with 30% of artists at UK festivals, surpassing other genres in popularity and presence
- Global Recognition: The UK's esteemed position as the third-largest host of electronic music festivals worldwide
- Artistic Influence: The overwhelming influence of electronic music on 73% of the top 30
global artists
- Fan Engagement: The daily listening habits of 80% of UK fans, underscore the genre's broad appeal and emotional impact.

The report meticulously outlines electronic music's £2.5 billion impact on the UK, detailing the dynamics of nightclubs, festivals, concerts, and recorded music sectors. Despite a slight decrease, the industry shows resilience and growth in key areas.

Electronic Beats, Economic Treats 20224 goes beyond the numbers to explore the narratives, trends, and case studies that paint a comprehensive picture of the industry's influence and innovation.

Explore the 2024 report here.