Streaming Platform Growth

Streaming platform growth represents the rapid expansion and transformation of digital music consumption since the mid-2000s. Revenue increased 34x from $0.4B to $13.6B between 2010-2020¹, reaching $19.3B in 2023². The global market is projected to grow at 14.9% CAGR, reaching $143.89B by 2032³. Streaming now accounts for 69% of music industry revenue⁴, fundamentally reshaping how artists distribute music and consumers access content.

Streaming Platform Growth

Streaming platform growth represents the rapid expansion and transformation of digital music consumption since the mid-2000s. Revenue increased 34x from $0.4B to $13.6B between 2010-2020¹, reaching $19.3B in 2023². The global market is projected to grow at 14.9% CAGR, reaching $143.89B by 2032³. Streaming now accounts for 69% of music industry revenue⁴, fundamentally reshaping how artists distribute music and consumers access content.

Streaming Platform Growth

Streaming platform growth represents the rapid expansion and transformation of digital music consumption since the mid-2000s. Revenue increased 34x from $0.4B to $13.6B between 2010-2020¹, reaching $19.3B in 2023². The global market is projected to grow at 14.9% CAGR, reaching $143.89B by 2032³. Streaming now accounts for 69% of music industry revenue⁴, fundamentally reshaping how artists distribute music and consumers access content.

Related News

Related News

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The figures were also bolstered by the success of the ‘Demon Slayer’ series

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The figures were also bolstered by the success of the ‘Demon Slayer’ series

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Streaming Revenues Lead the Way in Sony Music’s Strong Q3

The figures were also bolstered by the success of the ‘Demon Slayer’ series

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Ad supported revenue remains an issue

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Ad supported revenue remains an issue

Business & Finance

Nov 5, 2025

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Ad supported revenue remains an issue

Business & Finance

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YouTube’s Annual Music Industry Payout Hits $8 Billion

The figure has increased by $2 billion since 2022

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The figure has increased by $2 billion since 2022

Business & Finance

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YouTube’s Annual Music Industry Payout Hits $8 Billion

The figure has increased by $2 billion since 2022

Charts & Consumption Data

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IFPI Highlights 9.1% Surge in EU Recorded Music Revenues

The region’s 2024 recorded music revenue growth was double that of the US

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The region’s 2024 recorded music revenue growth was double that of the US

Charts & Consumption Data

Sep 24, 2025

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IFPI Highlights 9.1% Surge in EU Recorded Music Revenues

The region’s 2024 recorded music revenue growth was double that of the US

Awards & Milestones

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The Weeknd’s ‘Blinding Lights’ Surpasses 5bn Spotify Streams

It’s the first song to reach the milestone

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It’s the first song to reach the milestone

Awards & Milestones

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The Weeknd’s ‘Blinding Lights’ Surpasses 5bn Spotify Streams

It’s the first song to reach the milestone

Charts & Consumption Data

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Italian Music Market Experiences 10% Boost in H1 2025

Domestic artists dominated the Top 10

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Domestic artists dominated the Top 10

Charts & Consumption Data

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Italian Music Market Experiences 10% Boost in H1 2025

Domestic artists dominated the Top 10

Deals & Signings

Aug 21, 2025

1 min read

Spotify Signs New Publishing Agreement With amra

The streaming giant recently signed a similar deal with Kobalt, amra’s American sister company

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The streaming giant recently signed a similar deal with Kobalt, amra’s American sister company

Deals & Signings

Aug 21, 2025

Deals & Signings

Aug 21, 2025

1 min read

Spotify Signs New Publishing Agreement With amra

The streaming giant recently signed a similar deal with Kobalt, amra’s American sister company

Business & Finance

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Tencent Music’s Q2 Revenue Jumps 18% on Paid-User Growth

Super Premium subscribers surpassed 15 million

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Super Premium subscribers surpassed 15 million

Business & Finance

Aug 13, 2025

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Aug 13, 2025

2 min read

Tencent Music’s Q2 Revenue Jumps 18% on Paid-User Growth

Super Premium subscribers surpassed 15 million

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