Mexico has emerged as the 10th largest global music market in 2024¹, overtaking Australia for the first time. The country's music industry generated $629 million in revenues with 15.6% growth². Mexico is the largest Spanish-speaking music market globally³, driven by traditional genres like mariachi, banda, corrido, and ranchera, alongside the rising popularity of Regional Mexican music which saw 60% growth in U.S. streams⁴.