The European streaming market in the music industry demonstrates significant growth potential, with revenues projected to reach US$9.51 billion in 2025 and an expected annual growth rate (CAGR) of 15.3% from 2025 to 2030¹. Despite this, the EU's streaming subscriber penetration rate is lower compared to other major markets, indicating substantial room for expansion². Spotify holds a dominant position, accounting for 56% of the market share³.