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Wireless

Streaming to grow to 95% of mobile music market by 2022

Friday 30 September 2016 | 09:19 CET | News
Streaming services are set to increase their share of the total mobile music market from 76 percent in 2015 to 95 percent in 2022, while the number of users will more than double to reach 950 million, according to a report from Strategy Analytics. In terms of value, the market is set to be worth USD 12 billion a year by 2022, compared to USD 4.6 billion in 2015, with paid subscriptions growing from USD 2.8 billion to USD 9.5 billion. The popularity of mobile streaming is being driven by increasing consumer demand for anywhere and anytime access to millions of tracks via services such as Apple

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Categories: Mobile & Wireless
Companies: Apple / Google / Spotify / Strategy Analytics / YouTube
Countries: World
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