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Broadband

German music streaming market worth EUR 426 mln in 2019

Thursday 3 September 2015 | 11:01 CET | News
Music streaming revenues in Germany are forecast to grow from EUR 108 million in 2014 to EUR 426 million in 2019, according to a new study from PwC. Music streaming will generate CAGR of 31.5 percent through 2019, the strongest average annual growth in the digital music market. 2015 will see strong growth, boosted by the Apple's entry into the market. The study shows that 1 in 4 Germans stream music online. Around 14 percent of consumers use free, ad-funded access to a streaming service, with around 10 percent using a premium account. In the 18-30 age group, around 38 percent access a music

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Categories: Internet
Countries: Germany
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