The most important name in the online music market Spotify updated figures for The company continues to grow overall doing.
Spotify, at the end of 2021 more than 180 million reached the paid subscriber. The number of monthly active users of the company of 406 million was on it. Service total in the first quarter of 2022 182 million reached paid subscribers. The number of monthly active users of the company in the first quarter of 2022 to 422 million up to it. In the second quarter results of 2022 announced today, 188 million It was reported that the paid subscriber was reached. If the total number of users 433 million level has been reached. Constantly increasing the number of its subscribers, the company has difficulties in turning it into a profit. The company still continues on its way with a very serious loss.
According to the Midia Research research shared in the past months, the online music service is the market leader, with a market share of 31 percent in the second quarter of 2021. Spotify had happened. Second place with 15% market share Apple Music had taken place. It ranks third with a market share of 13 percent. Amazon Music and Tencent Music had shared. With 8 percent market share in the rest of the list YouTube Music While we come across it, other names are not well known in the field. NetEase, Deezer and Yandex was listed as
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Last year here not falling off the agenda on the negative issues we include Spotify, does not leave the leadership in the field to anyone, despite its giant competitor like Apple Music. The current subscriber count of Apple Music is still unknown. Apple does not prefer to share this. The company’s long-awaited HiFi Unfortunately, there is still no news about the package. Although the company has officially announced the enjoyment of high-quality music, it cannot or does not want to offer it somehow.