Music industry revenue in Denmark from 2012-2017

In recent years, the Danish music industry revenue increased, amounting to roughly 9.3 billion Danish kroner in 2017. By contrast, the revenue was 6.14 billion Danish kroner five years earlier. Moreover, according to another source, the music industry value is projected to continuously grow in the following five years.

Live vs. recorded music in Denmark

The revenue displayed here includes recorded and live music income. Comparing both segments, the latter is the most valuable in Denmark, at roughly 1.68 billion Danish kroner as of 2017. Recorded music generated nearly 600 million Danish kroner less that year. However, while the recorded music revenue in the country was forecasted to increase in the following five years, live music was expected to decline its income in the same period.

Digitalization of the music industry

As in other media areas, digital music is further on advance, too. In 2017, streaming accounted for the highest proportion of recorded music revenue in Denmark. Additionally, the digital share of the whole Danish music industry highly increased in the past years and amounted to more than 90 percent as of 2018.