In 2023, the live music industry saw record-breaking revenue figures worldwide. Looking at the consumer sentiment in the U.S. alone, we can expect the industry to continue on this positive note. This is because one in three concert-goers in the United States intended to increase their spending on live music events within the next year, compared to less than one fifth who stated the opposite.
Intent to spend more money on live music events in the next 12 months in the United States 2023
Characteristic
Share of respondents
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“Live event/experience attendees” are defined as adults aged 18+ who attended at least one live event/experience of the given type in the last 12 months.
Live music events include concerts and music festivals (e.g. Coachella, CMA Fest).
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Activate. (October 10, 2023). Intent to spend more money on live music events in the next 12 months in the United States 2023 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1484962/live-music-increased-spending-intent-united-states/
Activate. "Intent to spend more money on live music events in the next 12 months in the United States 2023." Chart. October 10, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1484962/live-music-increased-spending-intent-united-states/
Activate. (2023). Intent to spend more money on live music events in the next 12 months in the United States 2023. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1484962/live-music-increased-spending-intent-united-states/
Activate. "Intent to Spend More Money on Live Music Events in The next 12 Months in The United States 2023." Statista, Statista Inc., 10 Oct 2023, https://www.statista.com/statistics/1484962/live-music-increased-spending-intent-united-states/
Activate, Intent to spend more money on live music events in the next 12 months in the United States 2023 Statista, https://www.statista.com/statistics/1484962/live-music-increased-spending-intent-united-states/ (last visited August 24, 2024)
Intent to spend more money on live music events in the next 12 months in the United States 2023 [Graph], Activate, October 10, 2023. [Online]. Available: https://www.statista.com/statistics/1484962/live-music-increased-spending-intent-united-states/