Europe Music Streaming Market Size & Outlook, 2025-2030
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Europe music streaming market highlights
- The Europe music streaming market generated a revenue of USD 11,133.3 million in 2024.
- The market is expected to grow at a CAGR of 15.3% from 2025 to 2030.
- In terms of segment, on-demand streaming was the largest revenue generating service in 2024.
- Live Streaming is the most lucrative service segment registering the fastest growth during the forecast period.
- Country-wise, Spain is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 11,133.3 million |
| Market revenue in 2030 | USD 26,317.3 million |
| Growth rate | 15.3% (CAGR from 2025 to 2030) |
| Largest segment | On-demand streaming |
| Fastest growing segment | Live Streaming |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On-demand Streaming, Live Streaming |
Other key industry trends
- In terms of revenue, Europe region accounted for 23.9% of the global music streaming market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 8,519.5 million by 2030.
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Music Streaming Market Scope
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 |
Europe 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 81.76% in 2024. Horizon Databook has segmented the Europe music streaming market based on on-demand streaming, live streaming covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of music streaming market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Europe music streaming market , including forecasts for subscribers. This continent databook contains high-level insights into Europe music streaming market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe music streaming market size, by country, 2018-2030 (US$M)
Europe Music Streaming Market Outlook Share, 2024 & 2030 (US$M)
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