Spotify Market Share 2024. Spotify is launching royalty changes this quarter (q1 2024) that are expected to benefit artists signed to major music companies and premium independent labels (i.e. As the music streaming and podcasting industry grows, spotify looks to continue to exert its dominance.
Music streaming apps generated $47.7 billion revenue in 2023, a 10.1% increase on the year prior. 39% of all premium users come from europe.
Europe Accounts For 28% Of Spotify’s Monthly Active Listeners.
Among the 713.4 million people who have a music streaming subscription, 226 million of them are subscribed to spotify (as of q3 2023).
As Of July 2024 Spotify Has A Market Cap Of $58.66 Billion.
The reported $1.05 earnings per share (eps) for the quarter, beating the consensus estimate of $0.63 by.
Spotify Market Share 2024 Images References :
Today, We Announced Our First Quarter 2024 Earnings.
(1) although the competition among music.
Here’s A Look At The Music Streaming Industry By Market Share:
As of q4 of 2022, the eu alone represented 39% of all spotify premium users and 30% of free users, making it spotify’s largest market.
