You are here: Home » International » News » Companies
Germany expects Covid infections to keep rising until mid-February
At 286,000, US jobless claims surge to three-month high on Omicron impact
Business Standard

Apple Music is second most used music streaming service: Report

Cupertino-based tech giant's Apple Music accounts for 15 per cent of the global music streaming market, still falling behind streaming giant Spotify, which holds more than 30 per cent

Topics
Apple Music | music streaming | Spotify

IANS  |  San Francisco 



CCI orders investigation into Apple's business practices in India

Cupertino-based tech giant's accounts for 15 per cent of the global market, still falling behind streaming giant Spotify, which holds more than 30 per cent, says a new report.

According to new research by MIDiA, Apple caters to 15 per cent of the nearly 524 million global listeners, reports AppleInsider.

remains in the top spot with a 31 per cent share in 2021, though the streaming service is down from 33 per cent in 2020, the report said.

Amazon Music and Tencent Music each take a 13 per cent market share, while YouTube Music accounts for 8 per cent of global subscriptions, it added.

The report points out that the global base has grown by 109.5 million by the end of the second quarter of 2021, or roughly over 26 per cent year-over-year.

Global streaming is up, largely spurred by Covid-19 boredom. In 2020, on-demand audio streaming services like and saw growth of 16.2 per cent globally over 2019.

--IANS

vc/sks

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, January 20 2022. 18:57 IST

RECOMMENDED FOR YOU

.