Mobile Streamed Music Market Insights Video

According to Cognitive Market Research, the global Mobile Streamed Music market size was USD 35245.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 15.00% from 2024 to 2031.

• North America held the major market share for 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.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 10573.56 million.
• Asia Pacific held a 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.
• Latin America had a market share of more than 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.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at 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 apps category is the fastest growing segment of the Mobile Streamed Music industry