GITNUX MARKETDATA REPORT 2024

Must-Know Music Streaming Statistics [Latest Report]

Highlights: The Most Important Music Streaming Statistics

  • In 2020, it was reported that Apple Music had 72 million subscribers.
  • During the first half of 2021, on-demand music streams in the United States reached over 555 billion.
  • In 2020, the global revenue from music streaming was projected to reach 23 billion U.S. dollars.
  • In 2020, 102.1 billion songs were streamed on-demand in the UK.
  • In 2020, music streaming subscriptions accounted for nearly 47% of the music industry’s global revenues.
  • The number of paid music streaming subscriptions in the United States doubled from 40 million in 2017 to 80 million in 2020.
  • Around 83% of adults in the United States listen to music via streaming services, according to a 2021 survey.
  • The global market share for Spotify in the streaming market is 31% as of 2020.
  • In 2018, China’s Tencent Music had a market share of 9% of the global music streaming market.
  • YouTube accounted for 47% of the total time spent listening to on-demand music in 2018.
  • In 2020, Amazon Music reported having 55 million subscribers around the world.
  • As of 2020, the global penetration rate for music streaming was around 45% for people aged 16 to 64.
  • According to a 2019 survey, 46% of South Korean adults use music streaming services.
  • In a 2019 study, 64% of all Canadians aged 12 and older use at least one music streaming service.
  • In 2019, 90% of all audio streams in Belgium were streamed from smartphones.

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The music streaming industry has seen tremendous growth in recent years, with more and more people turning to digital platforms for their listening needs. This article will explore some of the most interesting statistics about music streaming from around the world. We’ll look at active user numbers on popular services like Spotify and Apple Music, as well as global revenue figures and market share percentages. Additionally, we’ll examine how different countries are engaging with music streaming services differently – including which genres they prefer to listen to – so that you can get a better understanding of this rapidly growing sector.

The Most Important Statistics
In 2020, it was reported that Apple Music had 72 million subscribers.

This statistic is a testament to the success of Apple Music in the music streaming industry. It shows that the platform has been able to attract a large number of subscribers, indicating that it is a popular choice for music streaming. This statistic is important to consider when discussing music streaming statistics, as it provides insight into the current state of the industry.

During the first half of 2021, on-demand music streams in the United States reached over 555 billion.

This statistic is a testament to the immense popularity of music streaming in the United States. It shows that despite the pandemic, people are still finding ways to enjoy music and connect with their favorite artists. It also highlights the potential of music streaming as a viable business model for artists and labels. This statistic is a clear indication that music streaming is here to stay and will continue to be a major part of the music industry.

Music Streaming Statistics Overview

In 2020, the global revenue from music streaming was projected to reach 23 billion U.S. dollars.

This statistic is a testament to the immense popularity of music streaming, highlighting the immense potential of the industry. It shows that music streaming is a lucrative business, and that it is here to stay. This statistic is a great starting point for a blog post about music streaming statistics, as it provides a snapshot of the current state of the industry.

In 2020, 102.1 billion songs were streamed on-demand in the UK.

This statistic is a testament to the immense popularity of music streaming in the UK. It shows that streaming has become an integral part of the music industry, with people increasingly turning to streaming services to access their favorite songs. This statistic is a clear indication that music streaming is here to stay and is likely to continue to grow in the future.

In 2020, music streaming subscriptions accounted for nearly 47% of the music industry’s global revenues.

This statistic is a testament to the power of music streaming in today’s world. It shows that streaming services have become a major source of income for the music industry, and that they are continuing to grow in popularity. This statistic is important to consider when discussing the future of the music industry, as it demonstrates the potential for streaming services to become even more influential in the years to come.

The number of paid music streaming subscriptions in the United States doubled from 40 million in 2017 to 80 million in 2020.

This statistic is a testament to the growing popularity of music streaming services in the United States. It shows that more and more people are turning to streaming services to access their favorite music, and that the industry is continuing to grow. This is an important trend to note in any discussion of music streaming statistics, as it demonstrates the increasing demand for these services.

Around 83% of adults in the United States listen to music via streaming services, according to a 2021 survey.

This statistic is a powerful indicator of the impact streaming services have had on the music industry. It shows that streaming services have become the primary way for adults in the United States to access music, and that they are increasingly becoming the go-to choice for music consumption. This statistic is important to consider when discussing the current state of the music industry, as it demonstrates the growing importance of streaming services in the industry.

The global market share for Spotify in the streaming market is 31% as of 2020.

This statistic is a testament to Spotify’s success in the streaming market, highlighting its dominance in the industry. It is a key indicator of the company’s success and a useful reference point for anyone looking to gain insight into the streaming market. As such, it is an important statistic to consider when discussing music streaming statistics.

In 2018, China’s Tencent Music had a market share of 9% of the global music streaming market.

This statistic is significant in the context of music streaming statistics as it highlights the impressive growth of Tencent Music in the global music streaming market. It demonstrates that the company has been able to carve out a significant portion of the market, despite the presence of other major players. This statistic is a testament to the success of Tencent Music and its ability to compete in the music streaming industry.

YouTube accounted for 47% of the total time spent listening to on-demand music in 2018.

This statistic is a testament to YouTube’s immense influence in the music streaming industry. It highlights the platform’s popularity among music listeners, and its ability to capture a significant portion of the market. This statistic is especially relevant in a blog post about music streaming statistics, as it provides a valuable insight into the current state of the industry.

In 2020, Amazon Music reported having 55 million subscribers around the world.

This statistic is a testament to the immense popularity of Amazon Music, demonstrating that it is one of the leading music streaming services in the world. It is a clear indication that music streaming is becoming increasingly popular, and that Amazon Music is at the forefront of this trend. This statistic is an important piece of information for any blog post about music streaming statistics, as it provides a valuable insight into the current state of the industry.

As of 2020, the global penetration rate for music streaming was around 45% for people aged 16 to 64.

This statistic is a telling indication of the current state of music streaming. It shows that, despite the rapid growth of streaming services, there is still a large portion of the population that has yet to be reached. This statistic is a valuable insight into the potential for further growth in the music streaming industry.

According to a 2019 survey, 46% of South Korean adults use music streaming services.

This statistic is a telling indication of the popularity of music streaming services in South Korea. It shows that almost half of the adult population in the country are taking advantage of the convenience and accessibility of streaming music, which is a testament to the success of the industry in the region. This statistic is an important piece of information to consider when discussing the current state of music streaming services.

In a 2019 study, 64% of all Canadians aged 12 and older use at least one music streaming service.

This statistic is a telling indication of the prevalence of music streaming services in Canada. It demonstrates that the majority of Canadians are taking advantage of the convenience and accessibility of streaming services, and that the industry is growing in popularity. This is an important point to consider when discussing music streaming statistics, as it shows that streaming services are becoming increasingly popular and are likely to continue to be so in the future.

In 2019, 90% of all audio streams in Belgium were streamed from smartphones.

This statistic is a telling indication of the current state of music streaming in Belgium. It shows that the majority of audio streams are being accessed through smartphones, which suggests that mobile devices are becoming the primary way people are listening to music. This is an important insight for anyone interested in music streaming statistics, as it highlights the need for streaming services to focus on optimizing their mobile platforms.

Paid music streaming subscribers in Japan grew by 33% in 2019, according to a study by Recording Industry Association of Japan (RIAJ) released in 2020.

This statistic is a testament to the increasing popularity of music streaming in Japan. It shows that more and more people are turning to streaming services to access their favorite music, and that the industry is growing rapidly. This is an important trend to note, as it indicates that streaming services are becoming an increasingly important part of the music industry in Japan. This could have a significant impact on the way music is consumed and distributed in the country, and could have implications for the global music industry as a whole.

Conclusion

The statistics presented in this blog post demonstrate the immense growth of music streaming over the past few years. Spotify, Apple Music, and Amazon Music have all seen significant increases in their active user base since 2017. On-demand streams are also on the rise globally with 555 billion being streamed during the first half of 2021 alone. Additionally, music streaming subscriptions now account for nearly 47% of global revenues from the industry while paid subscribers doubled between 2017 and 2020 to 80 million users in America alone. Furthermore, 83% of adults listen to music via streaming services according to a 2021 survey and YouTube accounted for 47% total time spent listening to on-demand music back in 2018. Lastly, India had an impressive 67%, followed by Russia at 62%, when it comes to penetration rate among people aged 16–64 as well as 46% South Korean adults using these services according 2019 surveys respectively; 54.5 % Latin American’s stream local artists compared 45 .5 international musicians (2021) ; 90 % audio streams were streamed from smartphones (Belgium -2019); 33 % increase was reported by Recording Industry Association Japan(RIAJ)in 2020 regarding Japanese Paid Subscribers etc.. All these facts point towards one conclusion: that digitalization has revolutionized how we consume our favorite tunes today.

References

0. – https://www.sabam.be

1. – https://www.japantoday.com

2. – https://www.apnews.com

3. – https://www.musicweek.com

4. – https://www.pewresearch.org

5. – https://www.signalhfx.ca

6. – https://www.macrumors.com

7. – https://www.musicbusinessworldwide.com

8. – https://www.ifpi.org

9. – https://www.statista.com

10. – https://www.counterpointresearch.com

11. – https://www.datareportal.com

12. – https://www.ventsmagazine.com

FAQs

What is the market share of major music streaming services?

As of 2021, the market shares for major music streaming services are as follows Spotify holds 32% market share, Apple Music has 16%, Amazon Music stands at 13%, Tencent Music has 11%, and YouTube Music along with Google Play Music occupy 8%.

How has the revenue from music streaming services grown over the past decade?

Between 2010 and 2020, global revenue from music streaming services has increased exponentially. In 2010, recorded music streaming revenue was roughly $1.02 billion, whereas in 2020, it reached an estimated $23.1 billion, showcasing significant growth over 10 years.

What is the average amount of time users spend on music streaming services per day?

On average, users spend approximately 1.5 to 2 hours a day streaming music across various platforms. This number may vary depending on individual habits, region, and user demographics.

How does music streaming impact album sales numbers and charts?

Music streaming services have transformed the landscape of album sales and chart rankings. Because streams count towards the overall consumption of albums, they have become an essential component of measuring an artist's success in the industry. Charts such as Billboard 200 now include streaming data when calculating positions.

Which age group is the most active when it comes to music streaming?

The most active age group for music streaming lies between 16 and 34 years old. This demographic tends to be more digitally adept and consumes significantly more music through streaming platforms compared to older demographics.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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