A recently published activity report presented at this year’s International Music Summit in Ibiza showed that tech-house has overtaken techno as the most popular genre.
The report took sales and streams into account and showed the tech-house jumped from second place on Beatport to first place. He had been in second place for the past two years with the house in third place.
It’s no surprise with the rapid rise of local stars Dom Dolla, FISHER, Lo’99 and Stace Cadent as well as a slew of international talent pushing all the lofty 4/4 sounds (check out the top 100 tech-house tracks on Beatport here).
The report also showed massive growth in music festivals which jumped 166%. This increases their value from $2.5 billion in 2022 to $4.1 billion in 2021. Again, checking with people rather partying with thousands of friends instead of being stuck at the home.
“The industry is in turmoil. I’ve heard tons of excitement in my interviews with artists, promoters, agents and labels over the past month. Partly because, as predicted last year, electronic music is back,” said report author David Boyle.
Rounding out the report, vinyl sales rose 51% in 2021, while CD sales surprisingly rose 9%, the first time in nearly 17 years.
What is there to say? Dance music is back baby!