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Are you Interested in building a music streaming app? Build your own app like Spotify, the most downloaded music streaming app. Explore more in detail how to create a music streaming service according to the day to day trend.
The music streaming industry has seen an enormous growth in the market. The top most app such as spotify, apple music, amazon music has an easily accessible and secure way for their account is the reason for this huge growth
. Even though there are lots of big players in particular countries. This brings a very clear definition that a music streaming service with a new idea or a best interface can bring many users to it.
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Music Streaming Apps - Interesting Statistics & Facts
According to Statista, music streaming service’s revenue is expected to grow at a CAGR of 7.08% between 2023 to 2027 to attain a market volume of US$33.97 billion.
In the digital music users count, 186.7 million users are only from the United States.
Previously, In 2022, streaming revenues reached 17.5 billion U.S. dollars worldwide, the highest ever recorded and more than six times the figure given for 2015, when music streaming revenue amounted to 2.7 billion. Streaming revenues now account for over 67 percent of total global recorded music revenue.
Popular Music Streaming Apps
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