Mobile Streamed Music Market Report 2025 (Global Edition)

Global Mobile Streamed Music Market Report 2025 Market Size Split by Music Streaming (Apps, Browsers), by Content Type (Audio, Video), by End Use (Individual, Commercial)

Mobile Streamed Music Market Report Description

We have various report editions of Mobile Streamed Music Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Mobile Streamed Music Market Insights Video

Competitive Landscape of the Mobile Streamed Music Market

Large companies like Spotify, Apple Music, Amazon Music, and YouTube Music dominate the fiercely competitive mobile streaming music market. These services compete by providing flexible membership plans, premium audio, unique content, and customized playlists. Additionally, regional players appear to serve local languages and tastes. Although fierce competition encourages constant innovation, it also makes it difficult to retain customers, obtain licenses, and set your services apart in a crowded industry.

In January 2023, Universal Music Group (UMG) collaborated with TIDAL, a music streaming service based in the United States. The two businesses are anticipated to collaborate to investigate a novel new music streaming business model that more fairly compensates artists for their contributions and more accurately represents TIDAL users' interactions with the musicians and music they enjoy. (Source:https://www.universalmusic.com/tidal-and-universal-music-group-partner-to-develop-more-artist-and-fan-friendly-streaming-model/#:~:text=New%20York%2C%20January%2031%2C%202023,might%20better%20reward%20the%20value) In November 2022, Amazon Music, a division of Amazon.com, Inc., increased the value of its Prime membership perk by providing ad-free access to a vast music library with over 100 million songs and their best podcasts. (Source:https://press.aboutamazon.com/2022/11/amazon-music-expands-its-prime-benefit-now-with-a-full-catalog-of-music-and-the-most-top-podcasts-ad-free) In July 2020, The services of Spotify were introduced in Russia as well as twelve additional European countries: Albania, Belarus, Bosnia & Herzegovina, Croatia, Kazakhstan, Kosovo, Moldova, Montenegro, North Macedonia, Serbia, Slovenia, and Ukraine can take pleasure in a listening experience that offers 4 billion playlists, 50 million tracks, and functionality for localized music customization. (Source:https://newsroom.spotify.com/2020-07-14/spotify-is-now-available-in-russia-croatia-ukraine-and-10-other-european-markets/)

Top Companies Market Share in Mobile Streamed Music Industry: (In no particular order of Rank)

• Spotify AB
• Google LLC
• Deezer SA
• Apple
• Inc.
• Tidal
• Amazon.com
• Inc.
• Pandora Media
• Inc.
• SoundCloud Global Limited & Co. KG
• iHeartMedia
• Inc.
• Tencent Music Entertainment Group
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Mobile Streamed Music Market

Which Region Dominates the Mobile Streamed Music Market in 2024?

According to Cognitive Market Research, North America currently dominates the Mobile Streamed Music market, and the region is expected to have significant growth during the projected period. North America's high smartphone penetration, extensive 4G and 5G network availability, and robust consumer desire for digital entertainment make it a major growth driver in the mobile streaming music market. Numerous well-known streaming services, like Spotify, Apple Music, and Amazon Music, are based in the area. These services engage customers with unique features, unique content, and collaborations with regional musicians. Furthermore, a large number of users are able to subscribe to premium services due to high levels of disposable income. Telecom and streaming platform partnerships increase user access and engagement even further, making North America a key market for the expansion of mobile music streaming.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The market for mobile streaming music is expected to grow rapidly in the Asia Pacific area due to the fast adoption of smartphones and the expansion of 4G and 5G networks, which will increase internet connection. An increasing desire for local and regional music is fueled by the various cultural landscapes, which, in turn, encourage platforms to provide customized content. Increased subscription rates are also a result of growing disposable incomes and a younger demographic that is hungry for digital entertainment. In the upcoming years, Asia Pacific will be a crucial market for the growth of mobile music streaming due to partnerships with regional musicians and integration with well-known social media sites, which further improve user engagement.

The current report Scope analyzes Mobile Streamed Music Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Mobile Streamed Music Market Analysis

According to Cognitive Market Research, the global Mobile Streamed Music market size was estimated at USD 35245.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 14098.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Mobile Streamed Music market with a market size of USD 11123.39 million in 2024 and is projected to grow at a CAGR of 13.0% during the forecast period. In the US, numerous podcasts and musical genres satisfy a range of listener tastes and promote subscriptions.
• The Canada Mobile Streamed Music market had a market share of USD 1691.77 million in 2024 and is projected to grow at a CAGR of 14.0% during the forecast period. In Canada, increasing efforts to help local performers generate interest in domestic music boosts streaming activity.
• The Mexico Mobile Streamed Music market is projected to witness growth at a CAGR of 13.7% during the forecast period, with a market size of USD 1282.93 million in 2024.

Europe Mobile Streamed Music Market Analysis

According to Cognitive Market Research, the global Mobile Streamed Music market size was estimated at USD 35245.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 10573.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.

• The United Kingdom Mobile Streamed Music market had a market share of USD 1776.36 million in 2024 and is projected to grow at a CAGR of 14.3% during the forecast period. Because of the UK's rich musical history, there is a strong demand for both classic and modern streaming entertainment.
• The France Mobile Streamed Music market is projected to witness growth at a CAGR of 12.7% during the forecast period, with a market size of USD 972.77 million in 2024.
• According to Cognitive Market Research, the German Mobile Streamed Music market size was valued at USD 2093.56 million in 2024 and is projected to grow at a CAGR of 13.7% during the forecast period. In Germany, the music streaming industry on mobile devices is boosted by consumers' strong preference for subscription services.
• The Italy Mobile Streamed Music market is projected to witness growth at a CAGR of 12.9% during the forecast period, with a market size of USD 909.33 million in 2024.
• The Russia Mobile Streamed Music market is projected to witness growth at a CAGR of 12.5% during the forecast period, with a market size of USD 1638.90 million in 2024.
• The Spain Mobile Streamed Music market is projected to witness growth at a CAGR of 12.6% during the forecast period with a market size of USD 867.03 million in 2024
• The Luxembourg Mobile Streamed Music market is projected to witness growth at a CAGR of 13.6% during the forecast period, with a market size of USD 327.78 million in 2024.
• The Portugal Mobile Streamed Music market is projected to witness growth at a CAGR of 13.3% during the forecast period, with a market size of USD 222.04 million in 2024.
• The Greece Mobile Streamed Music market is projected to witness growth at a CAGR of 13.8% during the forecast period, with a market size of USD 126.88 million in 2024.
• The Rest of Europe's Mobile Streamed Music market is projected to witness growth at a CAGR of 12.2% during the forecast period, with a market size of USD 1638.90 million in 2024.

Asia Pacific Mobile Streamed Music Market Analysis

According to Cognitive Market Research, the global Mobile Streamed Music market size was estimated at USD 35245.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 8106.40 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Mobile Streamed Music market size was valued at USD 3647.88 million in 2024 and is projected to grow at a CAGR of 16.5% during the forecast period. Mobile Streamed Music sales surged in China due to the acceptance of music streaming fueled by the rapid expansion of digital infrastructure and mobile internet access.
• The Japan Mobile Streamed Music market is projected to witness growth at a CAGR of 15.5% during the forecast period, with a market size of USD 1118.68 million in 2024.
• The India Mobile Streamed Music market had a market share of USD 972.77 million in 2024 and is projected to grow at a CAGR of 18.8% during the forecast period. In India, localized streaming services are in greater demand due to the appeal of regional and vernacular music.
• The South Korean Mobile Streamed Music market is projected to witness growth at a CAGR of 16.1% during the forecast period, with a market size of USD 810.64 million in 2024.
• The Australian Mobile Streamed Music market is projected to witness growth at a CAGR of 16.7% during the forecast period, with a market size of USD 421.53 million in 2024.
• The South East Asia Mobile Streamed Music market is projected to witness growth at a CAGR of 18.0% during the forecast period, with a market size of USD 559.34 million in 2024.
• The Rest of Asia Pacific Mobile Streamed Music market is projected to witness growth at a CAGR of 16.8% during the forecast period, with a market size of USD 575.55 million in 2024.

South America Mobile Streamed Music Market Analysis

According to Cognitive Market Research, the global Mobile Streamed Music market size was estimated at USD 35245.2 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 1762.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Mobile Streamed Music market size was valued at USD 754.25 million in 2024 and is projected to grow at a CAGR of 15.0% during the forecast period. Mobile Streamed Music flourished in Brazil because expanding access to streaming services through improved mobile network infrastructure propels industry expansion.
• Argentina's Mobile Streamed Music market had a market share of USD 296.06 million in 2024 and is projected to grow at a CAGR of 15.3% during the forecast period. In Argentina, the demand for music streaming subscriptions is boosted by an expanding middle class and rising disposable income.
• Colombia Mobile Streamed Music market is projected to witness growth at a CAGR of 14.2% during the forecast period, with a market size of USD 156.84 million in 2024.
• Peru Mobile Streamed Music market is projected to witness growth at a CAGR of 14.6% during the forecast period, with a market size of USD 144.51 million in 2024.
• Chile's Mobile Streamed Music market is projected to witness growth at a CAGR of 14.7% during the forecast period, with a market size of USD 126.88 million in 2024.
• The Rest of Latin America's Mobile Streamed Music market is projected to witness growth at a CAGR of 13.5% during the forecast period, with a market size of USD 283.72 million in 2024.

Middle East Mobile Streamed Music Market Analysis

According to Cognitive Market Research, the global Mobile Streamed Music market size was estimated at USD 35245.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 704.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.7% from 2024 to 2031..

• The GCC Countries Mobile Streamed Music market is projected to witness growth at a CAGR of 15.5% during the forecast period, with a market size of USD 301.70 million in 2024. Mobile Streamed Music sales flourish in GCC countries due to subscription-based business models being supported by consumers in affluent areas who prefer premium services.
• The Egypt Mobile Streamed Music market is projected to witness growth at a CAGR of 15.0% during the forecast period, with a market size of USD 74.01 million in 2024.
• The South Africa Mobile Streamed Music market is projected to witness growth at a CAGR of 15.7% during the forecast period, with a market size of USD 111.37 million in 2024. Mobile Streamed Music sales flourished in South Africa due to the music streaming is made easier for customers by expanding access to mobile devices and data plans.
• The Turkey Mobile Streamed Music market is projected to witness growth at a CAGR of 14.2% during the forecast period, with a market size of USD 60.62 million in 2024.
• The Nigeria Mobile Streamed Music market is projected to witness growth at a CAGR of 13.8% during the forecast period, with a market size of USD 74.01 million in 2024.
• The Rest of the MEA Mobile Streamed Music market is projected to witness growth at a CAGR of 13.7% during the forecast period, with a market size of USD 83.18 million in 2024.

Mobile Streamed Music Market Analysis

Mobile Streamed Music Market Music Streaming Segment Analysis

According to Cognitive Market Research, apps are likely to dominate the Mobile Streamed Music Market over the forecast period. The need for music streaming applications is growing quickly in the mobile streaming music market due to customers' desire for tailored and on-demand music experiences. Consumers look for platforms with large music libraries, carefully selected playlists, and social sharing and offline listening capabilities. The popularity of smartphones and better internet access makes it easy to access these apps, which increases demand. Music streaming apps are an essential part of the mobile entertainment scene because of the wide audience that is drawn to subscription-based models, including those with advertisements.

The browsers are the fastest-growing segment in the Mobile Streamed Music Market. In the mobile-streamed music market, people are increasingly demanding browser-based music streaming as they want flexible access to music without relying on specialized apps. Users may now stream music straight to their devices without the need for installation, thanks to the browser-based platforms offered by many streaming services. For those who prefer to listen to music on desktops or laptops, this accessibility is appealing. The demand for browser-based music streaming solutions is increased by the fact that browser streaming frequently has features that are similar to those of mobile apps, such as personalized recommendations and well-crafted playlists.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Mobile Streamed Music Industry. Request a Free Sample PDF!

Mobile Streamed Music Market Content Type Segment Analysis

According to Cognitive Market Research, the audio segment holds the largest share of the market. The mobile streaming music market is experiencing a shift in demand for different kinds of audio content, with consumers showing an increasing interest in a wider range of options than just standard music tracks. As consumption habits change, users are increasingly looking for podcasts, audiobooks, and live audio streaming. In response to listener interests, streaming services are adding exclusive podcasts and artist interviews to their collections. Furthermore, community interaction is encouraged by the popularity of playlists and user-generated content, which increases demand for a variety of audio content kinds. This diversification makes mobile streaming services more accessible and improves user experiences.

In the Mobile Streamed Music Market, the category of video has been growing quickly. In the mobile streaming music market, consumers are looking for more immersive experiences that blend music and visuals, which is driving up demand for video content. Platforms are increasing user engagement and creating a more comprehensive entertainment experience by adding music videos, live event streaming, and behind-the-scenes content to their services. Short video clips on social media can promote music discovery, so including video content not only expands the audience but also capitalizes on its popularity. The need for streaming services to adapt and expand their content beyond audio in order to satisfy changing customer tastes is highlighted by this trend.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Mobile Streamed Music End Use Segment Analysis

Mobile Streamed Music Market End-Use Segment Analysis

According to Cognitive Market Research, the individual segment holds the largest market share. The desire for customized music experiences is driven by the sizeable portion of the mobile streaming music market that consists of individual end users. In order to improve their listening experience, these customers look for platforms that provide personalized playlists, offline listening choices, and intuitive user interfaces. Social sharing capabilities have made it easier for people to find and share music, which promotes community involvement. Subscription models that accommodate individual preferences, such as student or family plans, are also becoming more and more well-liked. This development shows how user-centric services are becoming more and more important, which helps streaming companies successfully cater to the various needs of individual listeners.

Commercials are anticipated to be the fastest-growing segment in the Mobile Streamed Music market. Due to companies using music streaming to improve consumer experiences, the commercial end-use portion of the mobile-streamed music market is growing. Retailers, eateries, and coffee shops use streaming services to create welcoming environments that affect patron pleasure and behavior. Additionally, music is included in the offerings of fitness facilities and wellness studios to improve the quality of workouts. The expansion of licensed music streaming services guarantees copyright compliance by enabling companies to access a variety of music libraries lawfully. This trend emphasizes how crucial music is in business settings, increasing consumer engagement and brand loyalty in a variety of industries.

• Individual
• Commercial

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modeling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.

Author's Conclusion