Insight

Music Streaming Services Stats (2026)

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December 10, 2024· 28 min read

Music streaming has completely changed the music industry.

In fact, in 2026, the vast majority of music listeners now rely on music streaming platforms.

The following report will dive into some of the most important industry statistics.

Music Streaming Services (Top Stats)

  • Music streaming makes up 84% of music industry revenue
  • Music streaming’s global revenue currently sits at $20.4 billion
  • The US added 6.3 million new paid music streaming subscribers in the last year
  • Paid music streaming makes up 23% of all music streaming
  • Over 800 million people worldwide subscribe to a paid music streaming platform
  • The average American listens to more than 27 hours of audio per week
  • Spotify is the leading music streaming service, with over 280 million paid subscribers

Music Streaming Industry

Music streaming accounts for 84% of total music industry revenue (RIAA)

Data published in September last year shows that the music industry is heavily reliant on streaming.

There were 6.3 million new paid subscribers to music streaming services in the US last year (Music Business Worldwide)

In the year to September 2025, paid services like Spotify Premium added 6.3 million net users, growing to a total of 105.3 million US users. 

A year previously, paid music streaming services added just 2.5 million net users.

Music streaming revenue has surpassed $20 billion annually (IFPI)

Revenue from music streaming has grown year over year since the mid-2000s.

Between 2010 and 2020, revenue increased by around 34x from $0.4 billion to $13.6 billion.

And in 2024, the most recent available data at time of publication, music streaming revenue stood at approximately $20.4 billion.

Annual revenue of the music streaming industry to 2024

Here’s a look at how music streaming revenue has increased over time:

Year Music Streaming Revenue
2005 $0.1 billion
2006 $0.1 billion
2007 $0.2 billion
2008 $0.3 billion
2009 $0.4 billion
2010 $0.4 billion
2011 $0.6 billion
2012 $1 billion
2013 $1.4 billion
2014 $1.9 billion
2015 $2.8 billion
2016 $4.6 billion
2017 $6.5 billion
2018 $9.2 billion
2019 $11.4 billion
2020 $13.6 billion
2021 $16.9 billion
2022 $17.5 billion
2023 $19.3 billion
2024 $20.4 billion

The Recording Industry Association of America uses slightly different data, and so its figures do not directly align with the IFPI figures listed above. But in percentage terms, the RFPI recorded a 2.3% YoY increase in total streaming revenue as of H1 2025.

Music Streaming Market Share

Over half of US music revenue comes from paid subscription services (RIAA)

Paid music streaming makes up 57.1% of all music industry revenue. Just 3% comes from digital downloads. 

Percentage of music revenue driven by paid streaming

Here’s a breakdown of the most popular music sources:

Medium Percentage of industry revenue
Paid streaming 57.1%
Ad-supported streaming 26.8%
Physical 10%
Digital download 3%
TV and film rights (synch) 3%

Music streaming subscription revenue has grown by 9.5% in the last year (IFPI)

The Global Music Report 2025 notes that worldwide revenue from music streaming subscription services swelled by almost 10% in the last 12 months.

Radio still has a higher US listening share than streaming in the ad-supported audio vertical (Edison Research)

As of October 2025, radio made up 62% of listening time for ad-supported audio. Podcasts made up a further 20%, with 15% coming from ad-supported streaming (e.g. the Spotify Free plan). 

Ad supported streaming has a higher share among listeners aged 18-34 (24%), but is still outstripped by radio (43%) and podcasts (31%). 

By some calculations, music streaming revenue is predicted to hit $30 billion in 2027 (Statista)

Music streaming and digital music’s average revenue per user is expected to continue to increase over the coming years. However, figures are forecast to somewhat plateau.

(It's worth noting that the raw figures listed by Statista for recent years are higher than those reported by the RIAA or IFPI.)

bar chart showing the digital music market

Here’s a look at the digital music market forecast, per Statista's numbers:

Year Music Streaming ($ billions) Digital Music ($ billions) Music Downloads ($ billions)
2019 $25.48 $17.09 $3.36
2020 $27.87 $19.33 $2.96
2021 $28.12 $20.64 $2.61
2022 $28.02 $22.06 $2.32
2023 $28.12 $22.99 $2.20
2024 $29.99 $24.98 $2.11
2025 $30.14 $25.64 $2.08
2026 $30.24 $26.10 $1.98
2027 $30.33 $26.44 $1.89

Music Streaming Users

Around 2 in 3 people listen to music using a streaming service (IFPI)

Approximately 67.3% listen to music using some form of music streaming service.

The number of music streaming subscribers has increased more than 12x since 2015 (IFPI, MIDiA Research, Statista)

Since Q4 2015, the number of music streaming subscribers has risen from 68 million to 818 million in Q4 2024 – an increase of over 12x.

Music streaming subscribers by year bar chart

Here’s a breakdown of music streaming subscribers over time:

Year Music Streaming Subscribers Increase Over Previous Year
Q4 2015 68 million -
Q4 2016 100.4 million +47.6%
Q4 2017 198.6 million +97.8%
Q1 2018 229.5 million +15.5%
Q1 2019 304.9 million +32.8%
Q1 2020 400 million +31.2%
Q1 2021 487 million +21.75%
Q2 2022 616.2 million +26.5%
Q3 2023 713 million +15.7%
Q4 2024 818 million +14.7%

The UK alone streamed 210 billion audio music tracks in 2025 (Music Business Worldwide)

2025 marked the first time that the UK market crossed 200 billion annual music streams. It marked 5.5% YoY growth.

The most recent full-year global numbers are not available, but earlier figures show that the global total crossed 4.1 trillion songs in 2023.

In total, over 100 million Americans use a premium streaming service to listen to music (RIAA)

Here are the numbers for US premium music service subscribers over time:

Year

US Subscribers

Increase Over Previous Year (%)

Increase Over Previous Period (millions)

2019

60.4 million

-

-

2020

75.5 million

↑ 25%

↑ 15.1 million

2021

84 million

↑ 11.3%

↑ 8.5 million

2022

91.6 million

↑ 9%

↑ 7.6 million

2023

96.8 million

↑ 5.7%

↑ 5.2 million

2025 (mid-year)

105 million

↑ 6.4%

↑ 8.2 million

Music Streaming Demographics

Around 3 in 5 of all 25 to 34-year-olds have an audio subscription service to stream music (IFPI)

62% of all 25-to-34-year-olds use audio subscription services for music listening.

And while older generations are less likely to have an audio streaming subscription, around 1 in 4 (28%) 55 to 64-year-olds do so.

Here are IFPI’s music subscription service figures by age bracket, for the most recent years these exact figures were provided:

Age

Proportion 2023

Proportion 2022

16-24

60%

54%

25-34

62%

56%

35-44

50%

44%

45-54

40%

36%

55-64

28%

26%

Almost all Gen Z Americans use a music streaming service (SonoSuite)

Americans are among the most likely to stream music across all age brackets.

The difference across generations is often more pronounced in other countries.

For example, Americans listen to music using a streaming service in a typical week. This is compared to 98% for US Millennials, 96% for Gen X, and 89% for Boomers.

By comparison, 77% of Gen Z regularly listen to music using streaming services in the UK. And 79% of British Millennials also do so. However, the drop-off from there is far more dramatic, with only 67% of Gen Xers and 41% of Boomers using a music streaming service in a typical week.

Below, several nations’ music streaming habits are compared by generation:

Nation Gen Z Millennials Gen X Boomers
Brazil 87% 89% 73% 63%
Mexico 83% 87% 81% 75%
Colombia 84% 88% 76% 69%
Argentina 87% 89% 77% 58%
Chile 91% 92% 78% 72%
France 84% 68% 53% 37%
Spain 82% 78% 74% 57%
UK 77% 79% 67% 41%
Italy 77% 76% 59% 40%
Germany 83% 78% 59% 37%
Japan 89% 70% 51% 34%
US 99% 98% 96% 89%

The USA is the leading consumer of music streaming (IFPI)

According to IFPI, the US is the leading market for music streaming. But the Middle East and North Africa is the fastest growing region, with revenues swelling at 22.8% YoY.

Sub-Saharan Africa (22.6%) and Latin America (22.5%) are also fast-growing markets. And Mexico recently entered the overall top 10, overtaking Australia.

Here are the top 10 nations for music streaming:

  • USA
  • Japan
  • UK
  • Germany
  • China
  • France
  • South Korea
  • Canada
  • Brazil
  • Mexico

Music Streaming Preferences

Ad-free listening is the top reason for paying for a music streaming platform (IFPI)

The top three reasons for choosing to use a paid music streaming service are:

  1. Ad-free listening

  2. Being able to choose what music to listen to

  3. Access to large libraries of songs

The average US listener consumes over 27 hours of audio per week (Nielsen)

As of Q3 2025, Americans listen to an average of 3 hours and 53 minutes of audio per day. That includes streaming music services, radio, and podcasts.

That equates to 27.18 hours of audio per week.

Factbox showing average US listening habits

The majority of users search for a specific song to listen to (IFPI)

In general, users prefer to take control when it comes to listening habits.

In total, 63% search for a particular song to listen to more than once a week.

Over half (57%) search for a specific artist. And 59% primarily listen to their own playlists.

Music Streaming Players

Over 150,000 songs are added to music streaming platforms daily (Forbes)

Deezer alone adds around 150,000 tracks per day. A third of those are purely AI-generated.

Spotify claims over 30% of the music streaming market share (MIDiA)

Spotify currently leads the way in the music streaming market with a 31.7% share.

bar chart showing the music streaming platform market share

Here’s a look at the music streaming industry by market share:

Streaming Platform

Proportion of Subscribers

Spotify

31.7%

Tencent Music

14.4%

Apple Music

12.6%

Amazon

11.1%

YouTube Music

9.7%

NetEase

6.7%

Yandex

3.4%

Deezer

1.3%

Others

9.7%

The standard monthly price for a music streaming has risen above $11 (CNET)

Here’s how some of the top music streaming services compare in terms of monthly cost:

Streaming Service

Monthly Cost

Spotify Premium

$12

Apple Music

$11

Deezer

$12

Amazon Music Unlimited

$11

YouTube Music

$11

QoBuz

$13

Spotify Premium has 281 million subscribers (Backlinko, Spotify)

Spotify has increased its number of premium subscribers every quarter since 2015.

As of Q3 2025, there are approximately 281 million Spotify premium subscribers.

graphic stating the number of Spotify Premium members

That means that with a total of 713 million monthly active users, around 39.4% of users choose to subscribe to Spotify Premium.

Here’s how the number of Spotify Premium subscribers has changed over time:

Quarter Spotify Premium Subscribers
Q1 2015 18 million
Q2 2015 22 million
Q3 2015 24 million
Q4 2015 28 million
Q1 2016 30 million
Q2 2016 36 million
Q3 2016 40 million
Q4 2016 48 million
Q1 2017 52 million
Q2 2017 59 million
Q3 2017 62 million
Q4 2017 71 million
Q1 2018 75 million
Q2 2018 83 million
Q3 2018 87 million
Q4 2018 96 million
Q1 2019 100 million
Q2 2019 108 million
Q3 2019 113 million
Q4 2019 124 million
Q1 2020 130 million
Q2 2020 138 million
Q3 2020 144 million
Q4 2020 155 million
Q1 2021 158 million
Q2 2021 165 million
Q3 2021 172 million
Q4 2021 180 million
Q1 2022 182 million
Q2 2022 188 million
Q3 2022 195 million
Q4 2022 205 million
Q1 2023 210 million
Q2 2023 220 million
Q3 2023 226 million
Q4 2023 236 million
Q1 2024 239 million
Q2 2024 246 million
Q3 2024 252 million
Q4 2024 263 million
Q1 2025 268 million
Q2 2025 278 million
Q3 2025 281 million

Spotify has more than double Apple Music’s paid subscribers (various public sources)

Here’s a comparison between some of the biggest music streaming platforms by number of paid subscribers:

Subscribers

Year

Spotify

Tencent Music

YouTube Music

Apple Music

Amazon Music

NetEase Music

2016

36 million

-

3 million

20 million

-

-

2017

59 million

-

2.8 million

27 million

-

-

2018

83 million

23.3 million

10 million

40 million

16 million

-

2019

108 million

31 million

18 million

50 million

32 million

6.7 million

2020

138 million

47.1 million

30 million

72 million

55 million

16 million

2021

165 million

60.9 million

50 million

80 million

63 million

26.1 million

2022

188 million

82.7 million

80 million

88 million

74 million

37.6 million

2023

220 million

106.7 million

100 million

93 million

80 million

44.1 million

2025

281 million

125.7 million

125 million

94 million

80 million

50 million

Most Popular Streamed Music

2025’s most popular song garnered approximately 1.5 billion streams on Spotify (Kworb)

Ordinary by Alex Warren was the most popular song on Spotify in 2025. The song accumulated around 1.5 billion streams, which was actually slightly lower than the top hits of the last 3 years.

Here’s a breakdown of the most popular songs by number of streams over time:

Year Song Artist Streams
2018 God’s Plan Drake 917.9 million
2019 Old Town Road Lil Nas X 1 billion
2020 The Box Roddy Ricch 920.4 million
2021 Levitating Dua Lipa 626.6 million
2022 As It Was Harry Styles 1.5 billion
2023 Flowers Miley Cyrus 1.6 billion
2024 Die With a Smile Lady Gaga and Bruno Mars 1.7 billion
2025 Ordinary Alex Warren 1.48 billion

Drake was the most-streamed artist of the 2010s with over 36 billion streams (chart data)

Across the 2010s, the most-streamed artists racked up 10s of billions of streams.

Here are the most successful artists of the 2010s in terms of streams:

Rank Artist Streams
1 Drake 36.3 billion
2 Post Malone 18.9 billion
3 Eminem 17.8 billion
4 Ariana Grande 13.9 billion
5 Future 13.9 billion
6 The Weeknd 13.6 billion
7 Taylor Swift 13.3 billion
8 XXXTentacion 13 billion
9 Ed Sheeran 12.9 billion
10 Rihanna 12.8 billion

R&B/hip-hop is the most popular music genre in the US (Nielsen)

Almost 1 in 3 (29.9%) of songs streamed in the US fall into these genres - that’s almost 2x more than second-placed rock (17%).

bar chart showing the popularity of music genres on streaming platforms

Here’s a full breakdown of the most popular music genres in the US:

Music Genre Proportion of Streams
R&B/hip-hop 29.9%
Rock 17%
Pop 13.3%
Country 7.9%
Latin 6.1%
Dance/electronic (EDM) 3.5%
Christian/gospel 1.8%
World 1.7%
Children 1.2%
Classic 0.9%
Jazz 0.8%

Only 0.5% of all legitimate streams go to purely AI-generated tracks (Forbes)

In 2026, AI's increasingly impressive capabilities have made their way to the world of music. But the appeal of purely AI-generated tracks remains low.

On Deezer, only 0.5% of legitimate streams go to AI songs. These tracks also account for 70% of the streams detected as fraudulent.

At current rates, pure AI tracks submitted to music streaming services will outnumber human-created tracks by the middle of 2026 (Forbes)

All of the major music streaming services have announced steps to try and combat fraudulent or "spammy" AI-created tracks designed to artificially generate royalties.

Key Takeaways

It’s clear that music streaming continues to go from strength to strength, even if the era of AI is bringing new challenges in 2026.

And the industry is as reliant as ever on streaming services.

For more related content, have a look at Huge Streaming Trends and Video Streaming Services Stats.

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