Indie Music Market Continues to Grow

Did you know? Independents account for 39.9% of the global music market. In addition, indie labels are growing by 11.3% on average, while the rest of the market is growing by only 10.2%. These are strong figures that speak for the quality of indie musicians.

Adding to this the streaming numbers have increased considerably. In Germany, audio streams rose to a record high of 79.5 billion in 2018, an impressive 40% more than in the previous year. With "only" 48.2 million CDs sold, it was a little less than in 2017, but still the CD is and remains the second most important medium in the music market. Downloads take the 3rd place with 49 million downloads.

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