Music Streaming - Africa

  • Africa
  • Revenue in the Music Streaming market is projected to reach US$372.80m in 2023.
  • Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 8.89%, resulting in a projected market volume of US$524.10m by 2027.
  • In global comparison, most revenue will be generated in the United States (US$10,200.00m in 2023).
  • In the Music Streaming market, the number of users is expected to amount to 58.54m users by 2027.
  • User penetration will be 3.5% in 2023 and is expected to hit 4.3% by 2027.
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