The music streaming market is on the rise, with 394 million paid subscriptions in 2019. Spotify bags 33% of total paid subscribers It grew a lot quicker than Wall Street estimates. The music giant now has a total of 138 million paid subscribers. Premium subscribers rose by 21% from the previous year. Spotify has 138 million paid subscribers. Now, Spotify monthly listeners are at more than 2 million. One million users signed up in the first week itself. India alone has 2 million active users in a year of launch.Īfter launching the service in late February last year, Spotify was an instant hit in India. It is a hit amongst millennials, who are streaming for over 2+ hours daily. Spotify stats show that an average user spends 148 minutes daily on cross-platform (desktop and mobile). A listener spends 148 minutes on Spotify daily. They access it in the background while browsing through other apps. There has been a steady rise in North American and European markets, but Latin America witnessed a surge in MAU.Ĥ4% of the monthly active users use Spotify daily. Monthly Active User (MAU) distribution across regionsīusinesswire has recently released Spotify stats which reflects a rise in monthly active users worldwide. It’s worth mentioning that #1 Spotify monthly listeners are from the USA alone! 9. Spotify closely followed, with a similarly impressive 44.2 million Spotify monthly listeners. In 2019, Apple Music was the most famous music streaming service in the USA, with 44.5 million monthly active users. 44.2 million monthly active users in the USA in 2019 There was a boost in premium memberships, but the earnings squeezed. Spotify saw a spike of 29% to 299 million last quarter in the monthly active users. Apple Music followed with a 25% revenue share. Spotify continued to lead the chart in the first quarter of 2020, with a 30% market share in the revenue. Spotify enjoys a 30% share in the market. Your Spotify statistics will tell you about your most listened to the artist. Spotify statistics for artists reflect that Post Malone was the most listened-to artist of 2019 with 6.5 billion streams. Post Malone alone hit 6.5 billion streams in 2019 Today, it stands at a vast music library of over 60 million music tracks. Spotify adds over 20,000 new tracks to its music library every day. Spotify has a library of over 60 million tracks. So, if it’s not available in your country, chances are it will soon be! 4. Now, providing its services in 92 markets globally. Spotify is gradually spreading to every corner of the world. As of 2020, Spotify is available in 92 markets globally. Spotify’s total valuation is $29.5B The company did a total valuation of $29.5B in 2019, nearly 1.25x of the projection from its valuation the previous year. Most of which came from premium subscriptions. In 2019, the music streaming service generated a gain of 6.76 billion euros. Spotify stats by Statista show that revenue earned by Spotify has been on the rise since 2013. The company earned revenue of 6.76 billion euros in 2019 Take a closer look at Spotify’s performance by reading through these 20 Spotify Statistics. Spotify’s market share has rapidly grown over time, with 299 million active users spread over 92 markets globally. Since then, there has been no looking back. The founder’s Daniel EK and Martin Lorentzon, officially launched the service in 2008, and it was an instant success. It has put an end to the escalating online piracy of music. Spotify started as a legal music streaming service. Spotify: The best media streaming service Spotify: The best media streaming service.Salon App Development for Salons and Spas.Entrepreneurs Key to Boosting Conversions E-Book.6 Profit Making Business Ideas for 2023.
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