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Jan 25, 2023 · Where is the music industry heading in 2023? Changing consumer behaviour, a slowing economy, inflation hitting leisure spending, and less loyalty to brands and subscription accounts are just some of the 2023 music trends we can expect.
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As well as economic data on the music industry, This Is Music 2023 offers an analysis of 2022, emerging trends in 2023, and case studies – including one from Glass Animals’ manager. Read This Is Music 2023 here. Read the methodology here.
We’re very excited to share our inaugural Year in Music report with the stats and sounds of music in 2023, available in seven languages. In this report, we tackle key areas within the music industry — with a focus on artist development — and provide an overview of the social and streaming ecosystem.
- Breakthrough 100: Chartmetric Artists with Career-Defining Moments
- Viral 25: Chartmetric Tracks That Went Off
- 2022 Music Industry Trends and 2023 Predictions
- Appendix
Our Breakthrough 100 represents emerging artists who were previously Undiscovered, breaking artists who were previously Developing, rising artists who were previously Mid-Level, and artists entering the stratosphere after enjoying Mainstream success. To compile this list, we scanned our database for artists who started July 2022 at Undiscovered, De...
Our Viral 25 represents tracks that trended across multiple platforms, from TikTok to YouTube, Spotify to Shazam. To compile this list, we scanned our database for tracks that had the biggest growth in Chartmetric Track Score* from July 2022 to December 2022. The result is a Top 25 list of some of the hottest tracks on the internet in H2 2022, whic...
If past is prologue, then the budding trends from the end of 2022 are likely to carry over and bloom in 2023. Based on the Breakthrough 100 artists and Viral 25 tracks for H2 2022—plus six months of observations and analysis on the Chartmetric blog—these are the top music industry trends we've identified from the second half of last year.
*Chartmetric Artist Score is a global popularity index that condenses more than 50 metrics from 16 social media and streaming platforms into one number. *Chartmetric Career Stage is a long-term career view calculated according to the median of the past 360 days of an artist's Chartmetric Artist Score. 1. Legendary:Top 1.2K artists who started relea...
- Sped-up music is taking over. Sped-up music has become a huge TikTok trend of late, prompting artists to re-issue their material at a higher tempo.
- TikTok will keep making new breakout stars. Sped-up tracks aren’t the only current music trend on TikTok. Waves of seemingly random artists get massive on the platform — everyone from Lil Nas X to the Satanic rock band Ghost has received a healthy boost from the platform.
- Synthwave takes viewers back to the future. One sub-genre in particular has been hogging the limelight recently: synthwave. Rooted around the spooky, upbeat movie soundtracks of legends like John Carpenter, the genre has grown from internet message-boards and metal crossovers to soundtracking the movie Drive and, over the past few years, Stranger Things.
- The rise of micro-genres. Synthwave is its own ‘thing,’ but there’s still room for other hyper-specific styles to break through. In fact, we’ve noticed an uptick in micro-genres during 2022 and 2023.
Jul 20, 2023 · The music industry is changing and that’s good news, with music trends shifting rapidly as technology and consumer behavior change. In this article, we will delve into the key trends shaping the music industry in 2023, based on a comprehensive analysis by Luminate , a leading provider of music data and analytics.
How has the music industry changed in the last year? From groundbreaking advancements in AI to significant strides in artist empowerment, it's increasingly clear that this year has been a turning point. To find out more, we asked five industry experts about the most important trends of 2023. 1. 2023 The Year of… AI?