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Apple Music is second most used music streaming service: Report

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San Francisco, Jan 20 (IANS) Cupertino-based tech giant’s Apple Music accounts for 15 per cent of the global music streaming market, still falling behind streaming giant Spotify, which holds more than 30 per cent, says a new report.

According to new research by MIDiA, Apple caters to 15 per cent of the nearly 524 million global listeners, reports AppleInsider.

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Spotify remains in the top spot with a 31 per cent share in 2021, though the streaming service is down from 33 per cent in 2020, the report said.

Amazon Music and Tencent Music each take a 13 per cent market share, while YouTube Music accounts for 8 per cent of global subscriptions, it added.

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The report points out that the global base has grown by 109.5 million by the end of the second quarter of 2021, or roughly over 26 per cent year-over-year.

Global streaming is up, largely spurred by Covid-19 boredom. In 2020, on-demand audio streaming services like Apple Music and Spotify saw growth of 16.2 per cent globally over 2019.

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–IANS

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