Roadmap to Norway

Norway’s domestic music market has gained international attention over the last few years, as it has made the successful transition to a nearly total digital marketplace. Get to know the Norwegian music industry!

Written by Tina Brodal, 

OYA 22 Mixed Zone Onsdag 18 16 08 Foto Helge Brekke BR50384

Norway’s domestic music market has gained international attention over the last few years, as it has made the successful transition to a nearly total digital marketplace. In 2012, revenues from downloads and streaming services surpassed for the first time in history physical revenues. The music industry in 2022 has returned to a level consistent with the pre-pandemic trend. Between 2012 and 2019, the industry experienced an annual growth rate of around 5 percent, before dropping by 35 percent in 2020 and an additional 4 percent in 2021. Revenues in 2022 show a growth of 89 percent compared to the previous year and 18 percent compared to 2019. Revenues of 6.8 billion NOK represent a level that still indicates an annual growth rate of 5 percent since 2012.

Official name: Kongeriket Norge / Kingdom of Norway

Population : 5 571 634 (2024)

Capital : Oslo, 714 322 (2024)

Country code : +47

Timezone : UTC+1, UTC+2 (summer)

Official language : Norwegian (bokmål, nynorsk), Sami (north-, south- and lulesami)

Valuta : Norwegian kroner (NOK)

BNP per person : 86 492 USD

How many social media users?

  1. Facebook 82%
  2. Snapchat 67%
  3. Instagram 66%
  4. Youtube 64%
  5. TikTok 29%

(Source: Ipsos 2024)

Active internet users : 98%

Active smartphone users : 95%

Music business revenue : 623 mill USD (Rambøll, 2022)

Live

366 mill USD

Recorded music

117 mill USD

Rights

99 mill USD

Export

41 mill USD

Media

Live

Concerts make up almost two-thirds of the music industry's revenue in Norway and is also the revenue category with the highest growth, if we exclude the two pandemic years. The total revenue from concerts in Norway is estimated to be 4 billion NOK in 2022. This represents an increase of 310 percent compared to 2021 and 24 percent compared to 2019. Since 2012, this has represented an annual growth of 8 percent, compared to 2 percent for the industry's other revenue sources.

Below is a selection of each genre’s main events:

Festivals & networking

Festivals

Venues

Orchestras, operas, concert halls & Cultural Houses

Booking agents

Record Industry

Music streaming accounts for 90 percent of the recorded music revenue in Norway, nearly 1.2 billion NOK. By comparison, streaming made up only 46 percent of the revenue in 2012, with a turnover of 430 million NOK. Since then, this category has seen an annual growth rate of 12 percent and has more than doubled over the past ten years.

Record labels & distribution

PR-agencies

Publishing

Performing Rights/collecting societies

Managements

Studios

Ocean Sounds
The recording and mixing studio Ocean Sound in Giske, Norway.