GITNUX MARKETDATA REPORT 2024

Must-Know Apple Music Statistics [Recent Analysis]

With sources from: musicbusinessworldwide.com, sensorTower.com, ventusky.com, appleinsider.com and many more

In this post, we will explore a range of insightful statistics about Apple Music, shedding light on its global reach, subscriber numbers, revenue share in the music streaming market, user engagement metrics, and more. From the number of available songs in its library to its revenue estimates and user demographics, these statistics provide a comprehensive overview of Apple Music’s standing in the music streaming industry.

Statistic 1

"Apple Music has over 72 million subscribers worldwide."

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Statistic 2

"Apple Music accounted for 15% of total global music streaming revenue in 2020."

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Statistic 3

"Over 60 million songs are available in Apple Music’s library."

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Statistic 4

"Apple Music subscribers listened to over 5.5 billion songs in 2020."

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Statistic 5

"In 2020, Apple Music gained a growth rate of 36% compared to 2019."

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Statistic 6

"Apple Music had a 17% share in the US music streaming market in 2020."

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Statistic 7

"Apple Music was the 9th most popular mobile app in the United States in 2021."

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Statistic 8

"Apple Music is available in over 167 countries worldwide."

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Statistic 9

"Apple Music reached 10 million subscribers within six months after its launch in June 2015."

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Statistic 10

"Apple Music for Artists provides song performance insights for over 1 million artists."

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Statistic 11

"Apple Music’s revenue was estimated to be around $6.87 billion in 2021."

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Statistic 12

"2.3 million new Apple Music subscribers were added during Q3 2020."

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Statistic 13

"Students can subscribe to Apple Music at a 50% discount."

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Statistic 14

"The average Apple Music listener spends about 18 hours per month streaming music."

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Statistic 15

"91% of American iPhone owners use Apple Music."

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Statistic 16

"In South Korea, Apple Music has around 200,000 subscribers in 2020."

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Statistic 17

"79% of Apple device owners in the US have used Apple Music at least once."

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Interpretation

Apple Music has experienced significant growth and impact in the music streaming industry, boasting over 72 million subscribers worldwide and accounting for 15% of global music streaming revenue in 2020. With a vast library of over 60 million songs, Apple Music users streamed over 5.5 billion songs in 2020 alone. The platform's growth rate of 36% compared to the previous year, coupled with its presence in 167 countries worldwide and its position as the 9th most popular mobile app in the US in 2021, solidifies its success. Additionally, the availability of Apple Music for Artists, revenue estimates of $6.87 billion in 2021, and consistent user engagement metrics emphasize the platform's significance in the music streaming landscape.

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