In 2024, Chartmetric's comprehensive music industry database tracked over 11.1 million artists and 126 million tracks, revealing significant growth and trends across the industry. Here's a detailed breakdown of the key findings:

Artist Growth and Distribution:

• 1.7 million new artists added (approximately 4,600 daily)
• Top countries by artist representation: US (32%), UK (4.7%), France (3.8%), Germany (3.7%), Canada (3.6%), Italy (3.2%)

Career Level Breakdown:

• 818,000 new undiscovered artists
• 61,500 new developing artists
• 8,500 new mid-level artists
• 2,800 new mainstream artists
• 308 new superstar artists
• 65 new legendary artists

Top 10 Artists by Chartmetric Score:

1. Bruno Mars
2. Taylor Swift
3. Billie Eilish
4. Rosé
5. Drake
6. Lady Gaga
7. Justin Bieber
8. The Weekend
9. Eminem
10. Ariana Grande

Key Industry Metrics:

• 25.7 million tracks added to the database
• 10.5 million new tracks released in 2024
• Average of 28,700 new tracks released daily
• 1,691 tracked genres
• Hip-Hop, Dance, and Alternative led new track additions

Platform Performance:

• Spotify remains dominant with 11 million tracked profiles
• Only 14% of Spotify profiles have >10 monthly listeners
• 2,860 radio stations tracked globally
• 1 billion total radio spins across 2 million tracks

Notable Trends:

• 13% of top 500 artists were Latin artists
• Friday remains the preferred release day
• Peak release months: March, April, and May
• Kendrick Lamar outperformed Drake in their 2024 rap rivalry

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