Global Music Streaming Market Size & Outlook, 2025-2030

The global music streaming market size was estimated at USD 46,660.7 million in 2024 and is projected to reach USD 108,390.9 million by 2030, growing at a CAGR of 14.9% from 2025 to 2030.
Revenue, 2024 (US$M)
$46,660.7
Forecast, 2030 (US$M)
$108,390.9
CAGR, 2025 - 2030
14.9%
Report Coverage
Worldwide

Global music streaming market highlights

  • The global music streaming market generated a revenue of USD 46,660.7 million in 2024 and is expected to reach USD 108,390.9 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 14.9% by 2030.
  • In terms of segment, on-demand streaming accounted for a revenue of USD 37,914.8 million in 2024.
  • Live Streaming is the most lucrative service segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 46,660.7 million
Market revenue in 2030USD 108,390.9 million
Growth rate14.9% (CAGR from 2025 to 2030)
Largest segmentOn-demand streaming
Fastest growing segmentLive Streaming
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOn-demand Streaming, Live Streaming

Other key industry trends

  • In terms of revenue, the North America accounted for 33.5% of the global music streaming market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 1,968.0 million by 2030.

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Music Streaming Market Companies

Name Profile # Employees HQ Website
TidalHealth View profile 101-250 Salisbury, Maryland, United States, North America https://www.tidalhealth.org/
Deezer View profile 501-1000 Paris, Ile-de-France, France, Europe http://www.deezer.com
Spotify View profile 10001+ Stockholm, Stockholms Lan, Sweden, Europe http://www.spotify.com
YouTube View profile 1001-5000 San Bruno, California, United States, North America https://www.youtube.com/
iHeartMedia Inc View profile 10800 20880 Stone Oak Parkway, San Antonio, TX, United States, 78258 https://www.iheartmedia.com
SoundCloud View profile 251-500 Berlin, Berlin, Germany, Europe http://www.soundcloud.com
Tencent Music Entertainment Group ADR View profile 5185 Kexing Science Park, Kejizhongsan Avenue, Unit 3, Building D, Hi-Tech Park, Nanshan District, Shenzhen, China, People's Republic of, 518057 https://www.tencentmusic.com
Apple Inc View profile 161000 One Apple Park Way, Cupertino, CA, United States, 95014 https://www.apple.com
Amazon.com Inc View profile 1525000 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 https://www.amazon.com

Global music streaming market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to music streaming market will help companies and investors design strategic landscapes.


On-demand streaming was the largest segment with a revenue share of 81.26% in 2024. Horizon Databook has segmented the Global music streaming market based on on-demand streaming, live streaming covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Music Streaming Service Outlook (Revenue, USD Million, 2018-2030)
    • On-demand Streaming
    • Live Streaming
  • Global Music Streaming Platform Outlook (Revenue, USD Million, 2018-2030)
    • Apps
    • Browsers
  • Global Music Streaming Content Type Outlook (Revenue, USD Million, 2018-2030)
    • Audio
    • Video
  • Global Music Streaming End Use Outlook (Revenue, USD Million, 2018-2030)
    • Individual
    • Commercial

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Target buyers of Global music streaming market databook

  • Our clientele includes a mix of music streaming market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global music streaming market , including forecasts for subscribers. This global databook contains high-level insights into Global music streaming market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global music streaming market size, by regions, 2018-2030 (US$M)

Top 10 countries: Music streaming market size, 2024 (US$M)

Global music streaming market share, by service, 2024 & 2030 (%, US$M)

Music streaming market: Opportunity assessment by country

Global music streaming market, by region, 2024 (US$M)

Global music streaming market size, by regions, 2018-2030 (US$M)

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