Music market is booming: sales of 254 million euros in Austria!

Music market is booming: sales of 254 million euros in Austria!

Laimgrubengasse 10, 1060 Wien, Österreich - The Austrian music market recorded impressive growth of 7% in 2024 despite difficult economic conditions. A total of 254 million euros was achieved. Streaming services such as Spotify and Apple Music in particular experienced a significant increase with sales of 185.8 million euros, which corresponds to an increase of 10.9%. Vinyl is also becoming increasingly popular, sales rose by 6.5% to 13.1 million euros. The CD sales, on the other hand, fell by 18.5% to 14.5 million euros, such as "https://www.ots.at/presseaus-sung/ots_20250224_ots0035/oesterreichischer- Musikmarkt-7-auf-254-Million-euro"> ots.at . These sales figures underline the continued trend of relocating music consumption towards digital formats, with streaming being considered the decisive growth engine.

Austrian artists in the international spotlight

The numbers speak a clear language: In 2024, 21.1 billion songs were streamed by Austrian music fans-a new record, as the wikipedia . Artists such as RAF Camora and Toby Romeo dominate the charts, with songs that also cause a stir internationally. RAF Camora, who gave rise to great internationally in hip-hop rap, leads the Austrian sales charts and records a total of more than 4.5 billion streams. Rian also achieves great success through the use of social media and has already achieved 12 million streams for his hits. The success of Austrian musicians is becoming increasingly clear due to the constantly growing streaming numbers and the continuing popularity of vinyl.

With an impressive sales growth in the music industry and a strong international presence of Austrian artists, the country will go into confidence in the coming years. While the streaming platforms continue to dominate the market, the growing acceptance of vinyl and other physical formats opens up new opportunities for artists and producers. However, the challenges that arise from the global shift in music sales are alleviated by the success of domestic acts, which are now also being asserted beyond the national borders.