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Author Topic: Apple Music takes second place in streaming music services last year  (Read 304 times)
HCK
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« on: April 05, 2020, 04:05:21 pm »

Apple Music takes second place in streaming music services last year

Spotify is still first, but Apple Music is gaining.

What you need to know


Apple Music is the second most popular music streaming service in the world.
The service grew 36% year over year in 2019.
The music streaming industry grew to a total of 358 million subscribers last year.


Apple Music has quickly grown into one of the most popular music streaming services in the world. In a new report from Counterpoint Research, it is now the second most popular music streaming service, placing only behind Spotify.

The music streaming market grew 32% year over year in 2019, amassing a total of 358 million subscribers. According to the firm, the growth is attributed to a growing interest in podcasts, price competition in growing markets, and promotional bundling from carriers.

Apple Music grabbed 24% of the total revenue in the industry and 19% of the total paid subscriptions. The company has been highly focused on growing its services business and, due to that push it grew its subscribers...

Source: Apple Music takes second place in streaming music services last year
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