Music Streaming - Worldwide

  • Worldwide
  • Revenue in the Music Streaming segment is projected to reach US$15.22bn in 2023.
  • Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 5.51%, resulting in a projected market volume of US$18.86bn 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 1,119.9m users by 2027.
  • User penetration will be 12.0% in 2023 and is expected to hit 14.1% by 2027.
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