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Spotify dominated the music streaming market, Apple Music was a distant second

In line with a document via MIDIA Analysis, the tune streaming marketplace continues to develop with Spotify nonetheless within the lead with an important marketplace percentage of 31%. The information is fairly outdated protecting Q2 of ultimate 12 months, however the document used to be handiest lately made public.

2d position takes Apple’s streaming provider with 15% marketplace percentage adopted via Amazon Tune with 13% percentage. The latter stocks 3rd position with Tencent Tune whilst Google’s YouTube tune will get handiest 8%. On the other hand, the document notes that it is the fastest-growing provider within the trade.

However with all of a sudden rising numbers, everyone seems to be a winner in some way. The entire marketplace grew 26.4% year-over-year totaling 523.9 million other people subscribed international. This led to Spotify’s percentage in Q2 2021 to drop moderately in comparison to 34% in 2019 and 33% in 2020.

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