Spotify is the First Music Platform to Hit 200M+ Subscribers

What We’re Showing

This graphic shows the number of subscribers among top music streaming platforms globally. This data was accessed via Business of Apps, and was sourced from various company reports and Edison Trends.

Key Takeaways

• Spotify has a significant lead over its competitors in terms of subscribers
• Tencent Music has quickly become the second largest platform, and could eventually rival Spotify given the massive size of the Chinese market
• Apple Music has struggled with growth, falling to the #4 spot in 2023