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The dance music industry has seen an unprecedented era of growth over the past few years globally, but more specifically in North America. According to a new study by Danceonomics presented at the recent IMS Conference in Los Angeles, the global market can be valued at $6.2 billion, while the North American market swelled to 30 percent of that at $1.9 billion. The study took into account revenue drawn from music sales and streams, festival and club income and other DJ-centric sources including like Soundcloud and DJ technology.
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