RANKING THE 5 BIGGEST SPOTIFY COMPETITORS
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Spotify is a digital music streaming company. It offers consumers access to music and podcasts as well as the ability to create your own playlist.
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With close to 190 million subscribers and 365 million active users, it remains the world’s largest pure-play music streaming platform.
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In 2021, Spotify generated around $9.66 billion in revenue. However, the firm continues to burn through cash and is yet to make a profit.
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There are now dozens of services trying to grab a bigger slice of the $30 billion music streaming market.
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Apple Music, with 49.5 million subscribers, is the leading streaming platform in the U.S., followed closely by the 47.7 million that Spotify has.
APPLE MUSIC
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AMAZON MUSIC
Amazon Music can be accessed when you opt into Prime, which itself boasts 200 million global subscribers.
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YOUTUBE MUSIC
2.6 billion people access YouTube every month. However, only 50 million of those pay for a subscription to Premium, granting them access to 70+ million songs.
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Pandora is only available in the U.S. where it amassed 53 million active users and around 6.3 million paying subscribers.
PANDORA
GOOGLE PLAY STORE
DEEZER
France-based Deezer offers more than 90 million songs to users in 185+ countries. 16 million users access the service every month.
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