5 Most Popular Music Streaming Services

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1. Spotify

Average Number of Users: 515 million

In 2022, Spotify Technology S.A. (NYSE:SPOT) emerged as a highly popular music streaming service, with an impressive 180 million subscribers and attracting a massive user base of 515 million active users. Spotify Technology S.A. (NYSE:SPOT) Operates in 184 markets and offers access to an extensive library of 82 million tracks. This is how it solidifies its dominance with a remarkable 31% market share in the music streaming industry. As the most favored streaming service in terms of subscribers, it captured the loyalty of 30.5% of music streaming subscribers worldwide during the second quarter of the same year. With its vast user base and expansive collection of music, Spotify remains a top choice for music enthusiasts worldwide.

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