Music Streaming Market Size, Share, Trends & Industry Analysis Report: By Service (On-demand Streaming and Live Streaming), By Platform, By Content Type, By End Use, and By Region- Market Forecast, 2025-2034

Description

List of Tables

The global music streaming market size is expected to reach USD 181.39 billion by 2034, according to a new study by Polaris Market Research. The report "Music Streaming Market Size, Share, Trends & Industry Analysis Report: By Service (On-demand Streaming and Live Streaming), By Platform, By Content Type, By End Use, and By Region- Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The music streaming market comprises platforms and services that allow users to listen to music online without downloading, using internet-connected devices. It includes on-demand streaming, curated playlists, and radio-style services, generating revenue through subscriptions, advertisements, and partnerships with artists and record labels for global digital music distribution and consumption.

The widespread adoption of smartphones and high-speed internet has significantly enhanced accessibility, allowing users to stream music anywhere, anytime. Growing consumer preference for on-demand and personalized content has boosted subscriptions to platforms offering curated playlists and algorithm-driven recommendations. Additionally, the shift from physical music sales and downloads to digital consumption has created a scalable and cost-effective business model for both service providers and artists. Integration of streaming services with smart devices, including smart speakers and cars, further expands usage. Social media influence, exclusive releases, and global artist reach continue to fuel market growth.

Music Streaming Market Report Highlights:

By service, on-demand streaming holds the largest share due to its established infrastructure and the fundamental convenience of instant access to vast music libraries anytime, anywhere.

By platform, apps command the largest share, primarily due to the widespread adoption of smartphones and other smart devices, offering optimized user experiences with features like offline playback and seamless device integration.

By content type, audio content retains the highest share, as it represents the core form of music consumption, providing listeners with direct access to extensive sound-based libraries.

By end use, the individual segment holds the predominant share, attributed to the immense volume of direct consumer subscriptions and ad-supported personal listening across a multitude of devices.

By region, North America consistently holds the largest share in the music streaming sector. The Asia Pacific region is demonstrating the highest growth rate.

Major active players in the music streaming market include Spotify (Spotify Technology S.A.), Apple Music (Apple Inc.), Amazon Music (Amazon.com, Inc.), YouTube Music (Alphabet Inc.), Deezer (Deezer S.A.), Pandora (SiriusXM), Tidal (Block, Inc.), SoundCloud, Qobuz, and LiveOne.

Polaris Market Research has segmented the Music Streaming market report based on service, platform, content type, end use, and region:

By Service Outlook (Revenue - USD Billion, 2020-2034)

On-demand Streaming

Live Streaming

By Platform Outlook (Revenue - USD Billion, 2020-2034)

Apps

Browsers

By Content Type Outlook (Revenue - USD Billion, 2020-2034)

Audio

Video

By End Use Outlook (Revenue - USD Billion, 2020-2034)

Individual

Commercial

By Regional Outlook (Revenue - USD Billion, 2020-2034)

North America

Canada

Mexico

Europe

Germany

France

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Vietnam

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Brazil

Argentina

Rest of Latin America

Product Code: PM3773

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Music Streaming Market Insights

4.1. Music Streaming Market - Market Snapshot
4.2. Music Streaming Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Ubiquitous Device Penetration and Internet Access
  - 4.2.1.2. Enhanced Content Accessibility and Convenience
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Licensing complexities and high royalty costs
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Music Streaming Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Music Streaming Market, by Service

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Music Streaming Market, by Service, 2020-2034 (USD Billion)
5.3. On-demand Streaming
- 5.3.1. Global Music Streaming Market, by On-demand Streaming, by Region, 2020-2034 (USD Billion)
5.4. Live Streaming
- 5.4.1. Global Music Streaming Market, by Live Streaming, by Region, 2020-2034 (USD Billion)

6. Global Music Streaming Market, by Platform

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Music Streaming Market, by Platform, 2020-2034 (USD Billion)
6.3. Apps
- 6.3.1. Global Music Streaming Market, by Apps, by Region, 2020-2034 (USD Billion)
6.4. Browsers
- 6.4.1. Global Music Streaming Market, by Browsers, by Region, 2020-2034 (USD Billion)

7. Global Music Streaming Market, by Content Type

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
7.3. Audio
- 7.3.1. Global Music Streaming Market, by Audio, by Region, 2020-2034 (USD Billion)
7.4. Video
- 7.4.1. Global Music Streaming Market, by Video, by Region, 2020-2034 (USD Billion)

8. Global Music Streaming Market, by End Use

8.1. Key Findings
8.2. Introduction
- 8.2.1. Global Music Streaming Market, by End Use, 2020-2034 (USD Billion)
8.3. Individual
- 8.3.1. Global Music Streaming Market, by Individual, by Region, 2020-2034 (USD Billion)
8.4. Commercial
- 8.4.1. Global Music Streaming Market, by Commercial, by Region, 2020-2034 (USD Billion)

9. Global Music Streaming Market, by Geography

9.1. Key Findings
9.2. Introduction
- 9.2.1. Music Streaming Market Assessment, By Geography, 2020-2034 (USD Billion)
9.3. Music Streaming Market - North America
- 9.3.1. North America: Music Streaming Market, by Service, 2020-2034 (USD Billion)
- 9.3.2. North America: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
- 9.3.3. North America: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
- 9.3.4. North America: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.3.5. Music Streaming Market - US
  - 9.3.5.1. US: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.3.5.2. US: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.3.5.3. US: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.3.5.4. US: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.3.6. Music Streaming Market - Canada
  - 9.3.6.1. Canada: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.3.6.2. Canada: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.3.6.3. Canada: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.3.6.4. Canada: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
9.4. Music Streaming Market - Europe
- 9.4.1. Europe: Music Streaming Market, by Service, 2020-2034 (USD Billion)
- 9.4.2. Europe: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
- 9.4.3. Europe: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
- 9.4.4. Europe: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.4.5. Music Streaming Market - UK
  - 9.4.5.1. UK: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.4.5.2. UK: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.4.5.3. UK: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.4.5.4. UK: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.4.6. Music Streaming Market - France
  - 9.4.6.1. France: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.4.6.2. France: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.4.6.3. France: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.4.6.4. France: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.4.7. Music Streaming Market - Germany
  - 9.4.7.1. Germany: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.4.7.2. Germany: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.4.7.3. Germany: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.4.7.4. Germany: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.4.8. Music Streaming Market - Italy
  - 9.4.8.1. Italy: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.4.8.2. Italy: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.4.8.3. Italy: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.4.8.4. Italy: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.4.9. Music Streaming Market - Spain
  - 9.4.9.1. Spain: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.4.9.2. Spain: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.4.9.3. Spain: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.4.9.4. Spain: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.4.10. Music Streaming Market - Netherlands
  - 9.4.10.1. Netherlands: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.4.10.2. Netherlands: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.4.10.3. Netherlands: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.4.10.4. Netherlands: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.4.11. Music Streaming Market - Russia
  - 9.4.11.1. Russia: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.4.11.2. Russia: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.4.11.3. Russia: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.4.11.4. Russia: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.4.12. Music Streaming Market - Rest of Europe
  - 9.4.12.1. Rest of Europe: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.4.12.2. Rest of Europe: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.4.12.3. Rest of Europe: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.4.12.4. Rest of Europe: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
9.5. Music Streaming Market - Asia Pacific
- 9.5.1. Asia Pacific: Music Streaming Market, by Service, 2020-2034 (USD Billion)
- 9.5.2. Asia Pacific: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
- 9.5.3. Asia Pacific: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
- 9.5.4. Asia Pacific: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.5.5. Music Streaming Market - China
  - 9.5.5.1. China: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.5.5.2. China: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.5.5.3. China: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.5.5.4. China: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.5.6. Music Streaming Market - India
  - 9.5.6.1. India: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.5.6.2. India: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.5.6.3. India: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.5.6.4. India: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.5.7. Music Streaming Market - Malaysia
  - 9.5.7.1. Malaysia: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.5.7.2. Malaysia: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.5.7.3. Malaysia: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.5.7.4. Malaysia: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.5.8. Music Streaming Market - Japan
  - 9.5.8.1. Japan: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.5.8.2. Japan: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.5.8.3. Japan: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.5.8.4. Japan: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.5.9. Music Streaming Market - Indonesia
  - 9.5.9.1. Indonesia: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.5.9.2. Indonesia: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.5.9.3. Indonesia: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.5.9.4. Indonesia: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.5.10. Music Streaming Market - South Korea
  - 9.5.10.1. South Korea: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.5.10.2. South Korea: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.5.10.3. South Korea: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.5.10.4. South Korea: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.5.11. Music Streaming Market - Australia
  - 9.5.11.1. Australia: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.5.11.2. Australia: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.5.11.3. Australia: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.5.11.4. Australia: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.5.12. Music Streaming Market - Rest of Asia Pacific
  - 9.5.12.1. Rest of Asia Pacific: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.5.12.2. Rest of Asia Pacific: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.5.12.3. Rest of Asia Pacific: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.5.12.4. Rest of Asia Pacific: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
9.6. Music Streaming Market - Middle East & Africa
- 9.6.1. Middle East & Africa: Music Streaming Market, by Service, 2020-2034 (USD Billion)
- 9.6.2. Middle East & Africa: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
- 9.6.3. Middle East & Africa: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
- 9.6.4. Middle East & Africa: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.6.5. Music Streaming Market - Saudi Arabia
  - 9.6.5.1. Saudi Arabia: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.6.5.2. Saudi Arabia: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.6.5.3. Saudi Arabia: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.6.5.4. Saudi Arabia: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.6.6. Music Streaming Market - UAE
  - 9.6.6.1. UAE: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.6.6.2. UAE: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.6.6.3. UAE: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.6.6.4. UAE: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.6.7. Music Streaming Market - Israel
  - 9.6.7.1. Israel: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.6.7.2. Israel: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.6.7.3. Israel: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.6.7.4. Israel: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.6.8. Music Streaming Market - South Africa
  - 9.6.8.1. South Africa: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.6.8.2. South Africa: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.6.8.3. South Africa: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.6.8.4. South Africa: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.6.9. Music Streaming Market - Rest of Middle East & Africa
  - 9.6.9.1. Rest of Middle East & Africa: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.6.9.2. Rest of Middle East & Africa: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.6.9.3. Rest of Middle East & Africa: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.6.9.4. Rest of Middle East & Africa: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
9.7. Music Streaming Market - Latin America
- 9.7.1. Latin America: Music Streaming Market, by Service, 2020-2034 (USD Billion)
- 9.7.2. Latin America: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
- 9.7.3. Latin America: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
- 9.7.4. Latin America: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.7.5. Music Streaming Market - Mexico
  - 9.7.5.1. Mexico: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.7.5.2. Mexico: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.7.5.3. Mexico: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.7.5.4. Mexico: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.7.6. Music Streaming Market - Brazil
  - 9.7.6.1. Brazil: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.7.6.2. Brazil: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.7.6.3. Brazil: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.7.6.4. Brazil: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.7.7. Music Streaming Market - Argentina
  - 9.7.7.1. Argentina: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.7.7.2. Argentina: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.7.7.3. Argentina: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.7.7.4. Argentina: Music Streaming Market, by End Use, 2020-2034 (USD Billion)
- 9.7.8. Music Streaming Market - Rest of Latin America
  - 9.7.8.1. Rest of Latin America: Music Streaming Market, by Service, 2020-2034 (USD Billion)
  - 9.7.8.2. Rest of Latin America: Music Streaming Market, by Platform, 2020-2034 (USD Billion)
  - 9.7.8.3. Rest of Latin America: Music Streaming Market, by Content Type, 2020-2034 (USD Billion)
  - 9.7.8.4. Rest of Latin America: Music Streaming Market, by End Use, 2020-2034 (USD Billion)

10. Competitive Landscape

10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
10.2. Partnerships/Collaborations/Agreements/Exhibitions

11. Company Profiles

11.1. Amazon Music (Amazon.com, Inc.)
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
11.2. Apple Music (Apple Inc.)
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
11.3. Deezer (Deezer S.A.)
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
11.4. LiveOne
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
11.5. Pandora (SiriusXM)
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
11.6. Qobuz
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
11.7. SoundCloud
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
11.8. Spotify (Spotify Technology S.A.)
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
11.9. Tidal (Block, Inc.)
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
11.10. YouTube Music (Alphabet Inc.)
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development