One of the world’s leading research firms Midialisted the most used music streaming platforms and music subscription systems all over the world. The list based on the second quarter of 2021; It compares industry-leading platforms such as Amazon Music, Apple Music, Spotify and YouTube Music. The increasing audience, especially after the pandemic and quarantine process, seems to have affected all these rates. Here is the name at the top and other services that follow it…
Announcement from Spotify that angers those who expect HiFi
An explanation has come for Spotify HiFi, which will offer high quality sound to subscribers. The company announced that it is working on the feature.
Spotify maintains its top spot
According to the list published by Midia based on all music streaming platforms worldwide, Spotify maintains its long-standing leadership. Giant firm, the world’s music streaming pie more than 30 percent maintains its leadership. According to the published chart, Apple Music managed to find itself in the second place with a market share of 15 percent.
Although Spotify’s dominance over the industry continues, it should be noted that the famous company dominates 33 percent of the market in 2020. The company, which was below the success it achieved in the same period of the previous year, Apple MusicAfter 13 percent sectoral sharea Amazon Music and the giant name of the Chinese market Tencent Music following. With its recent breakthroughs, YouTube Music seems to have managed to reach an 8 percent market share.
Especially after the COVID-19 process, the listening rates of all music streaming platforms in the world have increased noticeably. According to the published figures, the worldwide streaming numbers of Spotify and Apple Music in 2020 alone a full 16.2% It increased. As a result of these figures, in the second quarter of 2021, users who follow streams on these platforms around the world are full. 109.5 million new contacts joined.
Spotify didn’t keep its promise of high quality music!
Spotify did not deliver on its promise to roll out the HiFi feature, where subscribers can listen to high-quality music, in 2021.
So, what do you think about the published chart and Spotify’s position on the list? Do you think any streaming platform can overthrow Spotify anytime soon? Please do not forget to share your views with us in the comments section.