Music streaming has completely changed the music game. In fact, in a recent survey the vast majority of music listeners now rely on music streaming platforms.
The following report will dive into some of the most important industry statistics.
- Music streaming makes up 84% of music industry revenue
- The music streaming industry grew by over 10% over the last year
- Music streaming’s global revenue currently sits at $17.5 billion
- Paid music streaming makes up 23% of all music streaming
- 78% of people listen to music via a streaming service
- Over 600 million subscribe to a music streaming platform
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