In the third quarter of 2023, 31.7 percent of music streaming subscribers worldwide had a subscription with Spotify, more than double the share who were subscribed to the second-ranked Tencent Music. Other services in the list included Apple Music, Amazon, and YouTube.
Beyond Spotify – other streaming services
Spotify may be the biggest music streaming service in the world, but despite its arguably immense popularity and impressive number of subscribers, it hasn’t achieved global domination just yet. French service Deezer has more than tripled its worldwide subscriber base in the last few years, and although its subscriber numbers don’t come close to Spotify’s, Deezer’s growth goes to show that Spotify hasn’t quite won the hearts of every music streaming fans out there.
Another popular streaming service used worldwide is Apple Music, which is in constant competition with Spotify in the United States in particular. Regardless of subscriber numbers though, in the U.S. Spotify is still considered more preferable than Apple Music. Apple is often reluctant to publish their customer numbers, though sources in early 2019 suggested that the service had overtaken Spotify in the U.S. in terms of paid subscribers. That said, Spotify still held the biggest share of overall users, and trends suggest that this will continue.
Share of music streaming subscribers worldwide in the 3rd quarter of 2023, by company
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Music Industry Blog. (February 8, 2024). Share of music streaming subscribers worldwide in the 3rd quarter of 2023, by company [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/653926/music-streaming-service-subscriber-share/
Music Industry Blog. "Share of music streaming subscribers worldwide in the 3rd quarter of 2023, by company." Chart. February 8, 2024. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/653926/music-streaming-service-subscriber-share/
Music Industry Blog. (2024). Share of music streaming subscribers worldwide in the 3rd quarter of 2023, by company. Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/653926/music-streaming-service-subscriber-share/
Music Industry Blog. "Share of Music Streaming Subscribers Worldwide in The 3rd Quarter of 2023, by Company." Statista, Statista Inc., 8 Feb 2024, https://www.statista.com/statistics/653926/music-streaming-service-subscriber-share/
Music Industry Blog, Share of music streaming subscribers worldwide in the 3rd quarter of 2023, by company Statista, https://www.statista.com/statistics/653926/music-streaming-service-subscriber-share/ (last visited November 26, 2024)
Share of music streaming subscribers worldwide in the 3rd quarter of 2023, by company [Graph], Music Industry Blog, February 8, 2024. [Online]. Available: https://www.statista.com/statistics/653926/music-streaming-service-subscriber-share/