Music Streaming Market Outlook:
Music Streaming Market size was valued at USD 56.3 billion in 2025 and is projected to reach USD 205.9 billion by the end of 2035, rising at a CAGR of 15.5% during the forecast period, i.e., 2026‑2035. In 2026, the industry size of music streaming is estimated at USD 65.0 billion.
The international music streaming market is all set to witness tremendous growth in the upcoming years, owing to the increasing internet penetration, rising smartphone adoption, and a shift from ownership to on-demand consumption. In this regard, a report from IFPI in 2025 disclosed that in 2024, streaming continued to be the dominant force in the global recorded music industry, which accounted for 69.0% of all revenues. This format experienced significant growth, wherein the global subscription streaming revenue increased by 9.5%. The study also found that for the first time, total streaming revenues exceeded a substantial USD 20 billion. In addition, subscription audio streaming alone was responsible for over half of all global recorded music revenues, representing a 51.2% share, hence providing encouraging opportunities for worldwide pioneers in this field.
Revenue Distribution in the Global Music Streaming Market (2022)
|
Category |
Statistic |
|
Streaming share of global recorded music revenue |
67% |
|
Premium streaming services revenue share |
48.3% |
|
Revenue share to label/distributor (average) |
50-55% |
|
Revenue share to publisher/society (average) |
10-15% |
Source: CMM.org
Furthermore, in the emerging economies, the expansions into podcasts, gaming, and social media are opening new avenues for the music streaming market with a proper balance of ad-supported and subscription models. As per an article published by CMA in November 2022, the UK music streaming industry generated a total of £1.115 billion (USD 1.4 billion) in recorded music revenues in 2021, whereas streaming accounted for around three-quarters of that total. It also underscored that there were 39 million monthly active users of music streaming services in the country, who streamed tracks more than 138 billion times in 2021. In addition, Spotify recorded the largest share of UK streaming revenues, which was at 50% to 60%, followed by Apple, Amazon, and YouTube Music, hence contributing to overall market expansion.
