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New Report Reveals Most Popular Music Streaming Services

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Have you ever ever questioned which music streaming service will get essentially the most customers? Effectively, a brand new report from Midia Research reveals which providers have essentially the most customers, and the most well-liked one in all probability gained’t shock you in any respect.

In response to the research, which makes use of information from Q2 2021, Spotify was by far the most well-liked music streaming service, taking a complete of 31% of the market. Apple Music is available in second, with a decent 15%. Surprisingly, third place is a tie between Amazon Music and Tencent Music with 13%. YouTube Music is available in subsequent with 8%, after which the smaller providers fill out the remaining market share.

Midia's chart
Midia

Attention-grabbing to notice is that whereas Spotify continues to dominate, the most recent numbers are literally a drop from 33% in 2020, which is a small however noticeable lower. In Q2 2019, Spotify had 34% of the market, so the drop has been taking place for a few years now.

In response to Midia Analysis, there are a complete of 523.9 million whole music streaming subscribers in Q2 2021. If that quantity is correct, which means Spotify had about 162.4 million subscribers paying for its music streaming service as of Q2 2021. That whole quantity is up 109.5 million over the identical time in 2020, so quite a lot of customers signed up for premium music streaming providers.

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