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Wireless

Apple Music to lead to increase in streaming subscriptions

Tuesday 30 June 2015 | 14:16 CET | News
The launch of Apple Music will lead to a significant increase in streaming music subscriptions, according to a report by Futuresource Consulting. Researchers predict subscriptions will reach at least one third of total global consumer music spend by 2016. Global consumer spend on music streaming subscriptions reached USD 3 billion in 2014, which equates to 16 percent of total music market spend, the report said. Around 40 percent of tablet and smartphone users playout music from those devices to other audio hardware, such as wireless speakers. The report also demonstrates a wide variety of

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Categories: Internet / Mobile & Wireless
Companies: Apple
Countries: World
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