2023 UK indie music market share reaches record-high 29.2%, marking 6th consecutive year of growth.
2023 saw a record-high for UK indie music market share, with indie releases accounting for 29.2% of all music consumption. This marks the sixth consecutive year of growth for the country's indie sector, with the equivalent of over 53 million independently released albums streamed or purchased in 2023, up 12% from 2022. Physical formats like vinyl LPs (39%) and CDs (33%) also contributed to the boom, with many signed by indie artists.
April 17, 2024
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