Music Streaming Statistics
Last Updated on: January 13th, 2023
Image credit: nan palmero
Music streaming has revolutionized the way we listen to our favorite songs and discover new artists. But just how popular is music streaming, and which platforms are leading the way? In this blog post, we’ll take a closer look at the latest music streaming statistics and explore the trends shaping the industry.
Below is a collection of some of the most interesting music streaming statistics and facts and fun facts I have stumbled across in my internet travels. Posts here cover both individual companies as well as the industry as a whole. Stat posts here are edited and updated almost daily, so be sure to check back often!
Music Streaming Statistics and Fun Facts
- Revenue generated by the streaming music industry in 2017: $4 billion
- Average amount a music consumer in the US spend on streaming music annually: less than $15 (2017)
- Percentage of US music industry revenue that comes from music streaming: 75% (2018)
- Percentage of US music consumers’ overall annual music spend that is on streaming: 9% (2017)
- Percentage of US music consumers that have a paid music streaming subscription: 29% (2017)
- Percentage of all US music listening that comes from music streaming: 75% (2018)
- Percentage of US consumers that listen to online music streaming services: 75% (2016)
- Percentage of China Tier 1 consumers that listen to online music streaming services: 72% (2016)
- Percentage of China Tier 2 consumers that listen to online music streaming services: 67% (2016)
- Percentage of China Tier 2 consumers that listen to online music streaming services: 49% (2016)
- Growth in on-demand audio streams in 2016 in the US: 76%
- Share of total music consumption in the US in 2016 that came from audio streaming: 38%
- Year that streaming overtook digital downloads as the US music industry’s primary source of income: 2015
