Chartmetric’s 2024 Year in Music Report: Key Trends and Insights

Chartmetric
Chartmetric’s latest Year in Music report offers a deep dive into the evolving trends shaping the global music industry.

Chartmetric’s latest Year in Music report offers a deep dive into the evolving trends shaping the global music industry. Tracking over 11.1 million artists and 126 million tracks, the platform remains one of the most comprehensive tools for identifying actionable insights in music.

In 2024, Chartmetric added 1.7 million artists to its database, averaging 4,600 new artist profiles daily. The top six countries driving this growth include:

  • United States: 32%
  • United Kingdom: 4.7%
  • France: 3.8%
  • Germany: 3.7%
  • Canada: 3.6%
  • Italy: 3.2%

As in 2023, the majority of artists remain undiscovered or in the early stages of their careers. However, 2,800 artists reached mainstream status, while 308 achieved superstar recognition in 2024, based on Chartmetric’s artist score—a metric aggregating performance across platforms.

Career Levels by the Numbers

  • Undiscovered Artists: 818,000 new entrants with limited metrics or visibility.
  • Developing Artists: 61,500 artists establishing their presence on streaming platforms and social media.
  • Mid-Level Artists: 8,500 showing consistent audience growth and engagement.
  • Mainstream Artists: 2,800 with broad recognition and significant visibility on streaming services, radio, and social platforms. Notable additions include British artist Lola Young and Colombian singer Ela Taubert.
  • Superstars: 308 artists reaching celebrity status, including Chilean reggaeton artist FloyyMenor and girl group KATSEYE.
  • Legendary Artists: 65 artists celebrated for their lasting legacy, including Ella Fitzgerald and Julio Iglesias.

Rising Stars and Fan Power

Pop artist Chappell Roan exemplified the power of superfans in 2024. Rising from a mid-level artist to the top 1% of tracked performers, Roan’s transformation highlights the importance of fan engagement in achieving superstardom.

Top Artists of 2024

Chartmetric’s rankings reveal significant changes among top performers:

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

Latin artists also made a significant impact, with 13% of the top 500 artists coming from the genre. KAROL G peaked at #13, while Bad Bunny led in Spotify monthly listeners with 70.15M.

Chartmetric tracked 25.7 million tracks in 2024, with 10.5 million released this year—an average of 28,700 new tracks daily. Friday remained the most popular release day, with March through May being the busiest months. Key releases included:

  • Benson Boon – “Beautiful Things”
  • Dua Lipa – “Houdini”
  • Miley Cyrus – “Flowers”

Hip-hop dominated with notable rivalries like Drake vs. Kendrick Lamar, where Lamar emerged on top, driving his monthly Spotify listeners from 52M to 78M.

Streaming and Radio Performance

Spotify remains the dominant platform, but only 14% of the 11 million profiles tracked had more than 10 monthly listeners. Meanwhile, radio, with 2,860 stations tracked globally, continues to play a vital role in music discovery. Artists like Taylor Swift, Dua Lipa, and Post Malone dominated airwaves in 2024.

Industry Insights

Chartmetric’s enhanced genre classification system now tracks 1,691 genres, with Hip-Hop, Dance, and Alternative seeing the most growth. The platform’s data visualization capabilities provide unmatched insights into streaming trends and fan engagement, making it an indispensable tool for artists, labels, and industry professionals.

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