Music Streaming - Europe

  • Europe
  • Revenue in the Music Streaming segment is projected to reach US$4.04bn in 2023.
  • Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 5.05%, resulting in a projected market volume of US$4.92bn by 2027.
  • In global comparison, most revenue will be generated in the United States (US$6,031.00m in 2023).
  • In the Music Streaming segment, the number of users is expected to amount to 165.1m users by 2027.
  • User penetration will be 16.7% in 2023 and is expected to hit 19.5% by 2027.
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