IFPI has published the second edition of their flagship EU-focused report, Music in the EU 2025: A Growth Engine. It draws on data from IFPI’s Global Music Report published in March this year. Music in the EU provides an in-depth look at the EU’s music market, featuring IFPI’s proprietary data, as well as insights from leading European music executives and policy recommendations to support the continued growth and global success of Europe’s music industry.
Drawing on data from IFPI’s Global Music Report 2025 (published in March this year), findings show that recorded music revenues across the EU have reached €5.7 billion, growing +9.1% year-on-year.
The industry’s revenue growth in the EU was more than double that of the United States and surpassed the combined revenue growth of the United States, China, and Brazil. The growth in the EU was driven by a strong rise in subscribers and price increases by streaming platforms. The EU now accounts for over a fifth of global recorded music revenues, powered by fan engagement, rising paid streaming subscriptions, and a surge in homegrown talent.
Music in the EU 2025: A Growth Engine, drills further into the data published in IFPI’s Global Music Report. It provides an in-depth look at the EU’s music market, featuring IFPI’s proprietary data, as well as insights from leading European music executives and policy recommendations to support the continued growth and global success of Europe’s recorded music industry.
The report finds that paid streaming continues to be an engine for growth across the EU, contributing 77.4% of total revenue growth. At the same time, domestic artists across EU member countries are experiencing strong commercial success – appearing more times on average in their own country’s annual top 10 charts than the global average. This success is built on the back of sustained investment from record labels, who injected a total of US$8.1 billion globally (approximately €7.5 billion) into A&R and marketing in 2024 alone, representing 30% of their revenues for the year.
However, there is potential for further growth. While the EU music market is performing well, the EU’s streaming subscriber penetration rate is much lower than those of other leading markets.
To make Europe’s recorded music success sustainable for the long-term, music industry leaders are calling on the EU to take decisive action. To secure the future of music in Europe, five policy priorities must be addressed:
1. Recognise the vital work of music in the EU
2. Support a competitive marketplace for music in Europe
3. Ensure AI and creativity grow and thrive together
4. Protect artists’ music
5. The EU should promote strong copyright in Europe and abroad