![]() ![]() Apple Music, Deezer, and Amazon Music (90 million) have the largest collection of songs, followed by Spotify (82 million).What music streaming service has the most songs? Here’s a table of the music industry streaming revenue per year and its growth:įind more data on SoundCloud users here. The music streaming industry revenue is growing each year by roughly 35.7%.That’s 65% of total music industry revenue that year (Statista). Music streaming services generated $16.9 billion in revenue in 2021 (IFPI). ![]() How much revenue is made from music streaming? Subscribers of China-based music streaming services (Tencent Music and NetEase) represent the most extensive subscriber growth, adding 35.7 million subscribers, accounting for 18% of global market shares (MIDiA). YouTube Music saw the biggest rise in subscribers, gaining 50% more paid users compared to Q2 2020. Over 90 million or 17.6% more people are subscribed to music streaming services compared to last year.Over 616 million people use music streaming to listen to music.How did streaming affect the music industry?.What’s the expected growth by the end of 2027?.How much money does the music streaming industry generate yearly?.Music Streaming Industry Statistics (Revenue and Market Share) Sound quality (56%) and price (56%) are the most important streaming service features. ![]()
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