The number of people who attended live music events in the UK rose by 12% in 2016 to 30.9 million – up from 27.7 million in 2015.
Live music fans generated £4 billion in direct and indirect spending in 2016 at concerts and festivals, which was 11% more than the £3.7 billion they spent in 2015.
The figures come from a report out today by UK Music, a body which represents and promotes the interests of the British music industry.
The report also found that the total number of music tourists from the UK and abroad increased by 20% in 2016 to 12.5 million, of which 11.6 million were UK citizens visiting live music events in other parts of the UK.
Since 2011, the live music industry in the UK has seen a dramatic 76% rise in music tourists travelling to enjoy music events in the UK.
Culture secretary Karen Bradley said: “UK Music’s Wish You Were Here report clearly shows music and the creative industries are not only central to our cultural DNA but also hugely important for creating jobs and growth across the country.
“It’s fantastic to see a record number of visitors to live events in the UK and the huge popularity of our artists overseas.
“Our musicians are cultural ambassadors for Britain and help us show the world that we are an optimistic and open country.”
Michael Dugher, chief executive of UK Music, added: “Music fans poured into a huge range of festivals like Glastonbury, Latitude in Suffolk, The Great Escape in Brighton and Green Man in the Brecon Beacons. They also enjoyed seeing the best British new talent in smaller venues which are a vital part of the live music industry.
“Live music in the UK is a tremendous success story and makes a massive contribution to our culture and general wellbeing, as well as our economy.
“But this success is being put at risk. That’s why UK Music will continue to campaign to safeguard smaller music venues, many of which are fighting for survival.
“We will be pressing the government to make sure the impact of Brexit does not damage our export trade or make it harder for UK artists to tour abroad and for overseas acts to come here.”