Stockholm – the Powerhouse of Sound

Why Stockholm is the leader in Musictech
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Success breeds success
The Musictech companies of Stockholm have already become very successful and are making their
mark thanks to several groundbreaking innovations. But why is it that a city in the north of Europe
has become the breeding ground for so many innovative Musictech companies? There may be
several answers to that question, but here are three.
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Stockholm - an incubator that
quickly turns ideas into reality
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A world-leading
tech hub
Music Tech
Where global
music hits
are born
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02
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Stockholm – an incubator that quickly turns
ideas into reality
Stockholm is the capital city, but with an intimate feel. It has a high density of informal meeting
places for smooth knowledge exchange and highly educated, curious and ambitious people who
cross-pollinate different ecosystems.
A world-leading tech hub
Stockholm has, after Silicone Valley, produced the most unicorns per capita – startups sold or
valued at over one billion US dollars. The city is the birthplace of international brands and tech
unicorns like Skype, Mojang (Minecraft), Klarna, King (CCS) and Spotify. But also the home of
large corporations like Ericsson – the world’s largest supplier of telecom infrastructure. Did you
know that programmer is the most common work title in Stockholm and that every fifth Stockholmer
works in the tech sector?
Where global music hits are born
Sweden is one of the world’s leading exporters of music. Ever since the 90s, a lot of the world’s
biggest pop acts come to Stockholm to produce their music in cooperation with the city’s many
music creators. In fact, this is where a substantial part of American and British hits are created.
Producer and songwriter Max Martin, with more than 20 Billboard number ones to his name, is
the world’s third most successful hit maker after Lennon/McCartney. There is also a well-developed
infrastructure around music with publicly subsidized music education for children.