A music streaming service is a type of online streaming media service that focuses primarily on music. These services are usually subscription-based services allowing users to stream digital copyright restricted songs on-demand from a centralized library provided by the service over the internet. Some services may offer free tiers with limitations, such as advertising and limits on use.

The global Music Streaming Subscription market size is projected to grow from US$ 50800 million in 2024 to US$ 84340 million in 2030; it is expected to grow at a CAGR of 8.8% from 2024 to 2030.

ReportPrime's newest research report, the “Music Streaming Subscription Industry Forecast” looks at past sales and reviews total world Music Streaming Subscription sales in 2022, providing a comprehensive analysis by region and market sector of projected Music Streaming Subscription sales for 2023 through 2029. With Music Streaming Subscription sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Music Streaming Subscription industry.

This Insight Report provides a comprehensive analysis of the global Music Streaming Subscription landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Music Streaming Subscription portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Music Streaming Subscription market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Music Streaming Subscription and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Music Streaming Subscription.

• United States market for Music Streaming Subscription is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
• China market for Music Streaming Subscription is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
• Europe market for Music Streaming Subscription is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Music Streaming Subscription players cover Spotify, Tencent Music, Apple Music, Amazon Music, YouTube Music, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Music Streaming Subscription market by product type, application, key players and key regions and countries.

Segmentation by Type:

• Audio Music Streaming
• Video Music Streaming

Segmentation by Application:

• Individual Users
• Commercial Users

This report also splits the market by region:

• Americas
  • United States
  • Canada
  • Mexico
  • Brazil
• APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
• Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

• Spotify
• Tencent Music
• Apple Music
• Amazon Music
• YouTube Music
• NetEase
• Yandex
• Deezer
• Pandora
• JioSavvn
• SoundCloud
• Wynk Music
• TikTok Music
• MelOn