According to a report by MIDIA Research, the music streaming market continues to grow with Spotify still in the lead with a significant market share of 31%. The data is somewhat old covering Q2 of last year, but the report was only recently made public.
Second place takes Apple’s streaming service with 15% market share followed by Amazon Music with 13% share. The latter shares third place with Tencent Music while Google’s YouTube music gets only 8%. However, the report notes that it’s the fastest-growing service in the industry.
But with rapidly growing numbers, everyone is a winner…
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