Who Are World’s Top Artist? Find Out
The latest figures from the The IFPI’s Global Music Report show total revenues for 2021 totaled $25.9 billion
Music market worldwide was up 18.5 percent in 2021, driven by the increase in streaming subscriptions paid for as per IFPI (International Federation for the Phonographic Industry) The organization which represents the recording music industry across the globe.
The figures released on Tuesday in the IFPI’s Global Music Report show total revenues for 2021 totalled $25.9 billion, as reported by Variety.
The version that is free doesn’t include numbers in any of the rankings however, they’re fascinating nonetheless:
Top 10 music worldwide artists that are ranked based on “consumption of all types and across all nations, weighted by the importance of each type of consumption” These are:
Who Are World’s Top Artist? Find Out
2. Taylor Swift
5. Ed Sheeran
6. The Weeknd
7. Billie Eilish
8. Justin Bieber
10. Olivia Rodrigo
The top 10 digital singles included:
The Weeknd’s “Save Your Tears’ (2.15 billion streams)
The Kid Lario, Justin Bieber “Stay” (2.07 bn)
Dua Lipa ‘Levitating’ (1.88 bn)
BTS “Butter” (1.76 bn)
Olivia Rodrigo ‘Drivers License’ (1.73 bn)
Justin Bieber (ft. Daniel Caesar and Giveon) ‘Peaches’ (1.72 bn)
The Weeknd “Blinding Lights” (1.61 bn)
Olivia Rodrigo ‘Good 4 U’ (1.61. bn)
Lil Nas X “Montero’ (1.6 Bn)
Ed Sheeran ‘Bad Habits’ (1.57 bn)
The top 10 albums in all formats included:
Olivia Rodrigo ‘Sour’
Justin Bieber ‘Justice’
Ed Sheeran “=”
The Weeknd “After Hours’
Dua Lipa ‘Future Nostalgia’
The Kid Laroi ‘Fa-Love’ (mixtape)
ABBA “Voyage” by ABBA
Morgan Wallen’s ‘Dangerous the Double Album’
Doja Cat ‘Planet Her’
For great measure, the best-selling vinyl records around the world included:
Adele ’30’ (862,000 global units)
Harry Styles ‘Fine Line’ (397,000)
Fleetwood Mac ‘Rumours’ (346,000)
Olivia Rodrigo ‘Sour’ (339,000)
Billie Eilish ‘Happier Than Ever’ (335,000)
Taylor Swift ‘Red (Taylor’s Version)’ (325,000)
The Beatles “Abbey Street” (283,000)
Nirvana ‘Nevermind’ (274,000)
Pink Floyd “Dark Side of The Moon’ (272,000)
Taylor Swift ‘Evermore’ (270,000)
According to ‘Variety’ the report reveals that the revenue from streaming paid for by subscription were up 21.9 percent in the range of $12.3 billion, and there were 523 million subscribers to paid subscription accounts as of the end of 2021.
In a press conference held in London to present the report IFPI President Frances Moore expressed concern regarding the situation that have occurred in Ukraine along with the humanitarian crisis that follows, she said: “IFPI stands with our colleagues from across the music industry in our support of urgent humanitarian aid for refugees, and we call for an immediate halt to violence.”
In his response to the report, Moore continued: “Around the globe, record labels are collaborating at a local level, in order to promote music culture and encourage the development of new music ecosystems, promoting local music and creating possibilities for it to reach an international audience.
As markets grow they are able to join and help to build a global music industry, which is a rich and interconnected world.
“Consequently the current music market is one of the most competitive one in recent memory. Music lovers are enjoying more than ever before and in numerous ways.
This presents huge opportunities to musicians.
When they decide to collaborate with a recording company get the help of agile globally responsive teams of experts who are committed to helping artists achieve their creative and commercial success , and to build their careers over the long term.
“As technology and the internet environment continue to change and expand, so are the possibilities of sharing musical experiences.
From the metaverse to game-based content Record businesses have actually invested technology and people to create exciting, interactive experiences that are making it easier for musicians to connect with their followers.”
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