Music Streaming Statistics

Music streaming has become the dominant model in recorded music. What used to be a fast-growing alternative to downloads is now the main way consumers pay for and listen to music across phones, smart speakers, connected cars, and subscription platforms.

Music streaming key statistics

Metric	Figure	Year
Global recorded music revenue	$29.6 billion	2024
Global streaming revenue	$20.4 billion	2024
Streaming share of global recorded music revenue	69.0%	2024
Global subscription accounts	752 million	2024
U.S. streaming revenue share	84%	H1 2025
U.S. paid subscription accounts	105 million	H1 2025

How big is music streaming?

IFPI says global recorded music revenue reached $29.6 billion in 2024, with streaming contributing $20.4 billion. That means streaming accounted for 69.0% of global recorded music revenue in 2024.

How many people pay for music streaming?

IFPI said paid subscription accounts worldwide reached 752 million in 2024. That is one of the clearest current indicators of how large music streaming has become globally.

U.S. music streaming trends

RIAA said streaming accounted for 84% of U.S. recorded music revenue in the first half of 2025. The same report said U.S. paid subscription revenues rose to $3.2 billion and subscription accounts grew to 105 million.

Why music streaming statistics matter

Music streaming now shapes artist economics, label revenue, chart performance, discovery, and listening behavior. That makes current IFPI and RIAA data much more valuable than old 2016–2018 adoption stats.

FAQ

How much revenue did global recorded music generate in 2024?

IFPI says global recorded music revenue reached $29.6 billion in 2024.

How much of that came from streaming?

Streaming generated $20.4 billion, or 69.0% of the global total.

How many music streaming subscription accounts are there worldwide?

IFPI said there were 752 million subscription accounts in 2024.

Sources / References

• IFPI Global Music Report 2025
• RIAA mid-year 2025 recorded music revenues