Did you know that the number of music streaming subscribers worldwide amounted to 400 million in 2020? Spotify, Apple, Amazon Music services are growing. Paid music streaming subscriptions have become the norm for many music fans, and the market has seen consistently impressive increases in subscriber numbers over the last few years, Pandemic in 2020 accelerated that growth significantly. Recent forecasts show however that whilst both subscriber numbers and revenue are expected to continue to rise, growth will slow down in the near future.
