Audio Streaming's Stunning Resurgence
Streaming
Across the United States, people consumed 4.9 percent more music in 2016 than they did in 2015, according to a report from BuzzAngle. The growth was driven by an explosion in subscription streaming services that saw a whopping 124 percent increase. On-demand music streaming has been growing at a phenomenal pace in recent years while nearly all categories of music sales have taken a hit.
The stunning resurgence of audio streaming can be seen clearly in the following infographic. In 2015, there were more on-demand video streams than audio streams. However, in 2016, the number of on-demand audio streams went up 82.6 percent, reaching 250 billion streams in total. That's far more than on-demand video which grew 7.5 percent to reach 181 billion streams.
The stunning resurgence of audio streaming can be seen clearly in the following infographic. In 2015, there were more on-demand video streams than audio streams. However, in 2016, the number of on-demand audio streams went up 82.6 percent, reaching 250 billion streams in total. That's far more than on-demand video which grew 7.5 percent to reach 181 billion streams.