Spotify dominated the music streaming market, Apple Music was a distant second
According to a report by MIDIA Research, the music streaming market continues to grow with Spotify still in the lead with a significant market share of 31%. The data is somewhat old covering Q2 of last year, but the report was only recently made public.
Second place takes Apple's streaming service with 15% market share followed by Amazon Music with 13% share. The latter shares third place with Tencent Music while Google's YouTube music gets only 8%. However, the report notes that it's the fastest-growing service in the industry.
But with rapidly growing numbers, everyone is a winner in a way. The whole market grew 26.4% year-over-year totaling 523.9 million people subscribed worldwide. This caused Spotify's share in Q2 2021 to drop slightly compared to 34% in 2019 and 33% in 2020.
- 28 Jan 2022
Oh, thanks for the information.
- 23 Jan 2022
universal support is given by spotify regardless of the ecosystem you are in.streaming music service is not only for smartphones or PCs. every smart tv,tv box,smartwatch has spotify support back to 2014 models,not apple music or any other.only thing ...
- 23 Jan 2022
Interesting, majority of the average Android users don't even download APKs or anything in that nature and still pay for certain things. I know about downloading APKs and I still pay for YouTube music