Music Streaming - South Africa

  • South Africa
  • Revenue in the Music Streaming segment is projected to reach US$71.38m in 2023.
  • Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 4.76%, resulting in a projected market volume of US$85.97m by 2027.
  • In global comparison, most revenue will be generated in the United States (US$10,200.00m in 2023).
  • In the Music Streaming segment, the number of users is expected to amount to 6.83m users by 2027.
  • User penetration will be 9.3% in 2023 and is expected to hit 10.7% by 2027.
  • In the year 2021 a share of 40.5% of users is in the high income group.
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