Music Streaming - Africa

  • Africa
  • Revenue in the Music Streaming segment is projected to reach US$282.10m in 2022.
  • Revenue is expected to show an annual growth rate (CAGR 2022-2027) of 10.72%, resulting in a projected market volume of US$469.30m by 2027.
  • In global comparison, most revenue will be generated in the United States (US$11,040.00m in 2022).
  • In the Music Streaming segment, the number of users is expected to amount to 56.0m users by 2027.
  • User penetration will be 2.9% in 2022 and is expected to hit 4.1% by 2027.
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