Spotify, Apple Music are top music streaming services globally, Amazon Music and YouTube Music are also among top
India Today
Spotify remains the most used music streaming platform globally. Apple Music comes in second place. Amazon Music comes in at third spot.
A study released by Midia Research shows that worldwide music streaming subscriptions grew by a healthy 26.4% in the second quarter of 2021, standing at 521.3 million subscribers at the end of that period, an increase of 109.5 million from the year before.
Spotify is still the market leader by some distance, it says, despite rival services eating into its market share. Spotify, according to its numbers, controls 31% of the global music streaming market, more than double that of its nearest rival Apple Music which enjoys 15%. Amazon Music and Tencent Music each take a 13% market share, while YouTube Music accounts for 8% of global subscriptions.
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