Consulting Firm Predicts 235 Million Global Streaming Music Subscriptions at the End of 2018

With Spotify and Apple Music within the lead, count on Tidal, Deezer, Amazon, and Google to stay key gamers within the international streaming music market.

You already know the story.

Thanks to the exploding reputation of streaming music companies, the music trade has skilled a ‘revival.’  All three main labels – Sony Music, Warner, and Universal – now put up billions annually in digital income.

In addition, extra individuals hear and subscribe to mainstream streaming music companies on their cellphones.  Spotify has 83 million subscribers.  Apple Music has 50, give or take, and Amazon has “tens of tens of millions.”

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Deezer has round 12 million complete customers, with 9 million paying for the service.  Tidal has over one million subscribers (not less than in keeping with Tidal).  Toss in 32 million from Sirius XM Satellite Radio and 6 million from Pandora, and the 200 million threshold comes into view.

Now, with streaming music rising in creating nations, one agency now predicts the whole variety of individuals paying for companies will develop at a skyrocketing price.

So, do you pay to stream music?

According to a music market report from Futuresource Consulting, 235 million individuals all over the world will subscribe to a streaming service by the tip of this 12 months.