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%)
• 2,800 artists reached mainstream status
• 308 artists achieved superstar status

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 Trends:

• 13% of top 500 artists are Latin artists
• 25.7 million new tracks added in 2024
• Average of 28,700 new tracks released daily
• Most releases occur on Fridays, peaking in March-April-May
• 1,691 tracked genres, led by Hip-Hop, Dance, and Alternative

Platform Insights:

• Only 14% of Spotify profiles have more than 10 monthly listeners
• 37% of active profiles exceed 1,000 monthly listeners
• Radio remains influential with 2,860 tracked stations and 1 billion total spins
• Leading radio artists include David Guetta, Chris Brown, Taylor Swift, and Dua Lipa

The report demonstrates significant industry growth and evolving trends across streaming platforms, radio, and artist development stages.

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