Income and Usage Statistics for Apple Music (2023)
iTunes, as well as iPod, revolutionized the world of music in the early 2000s because of the top software development firms and hardware combination that made singles more prevalent than albums and let users save thousands of songs on one device.
This may seem outdated now in the present, but for more than ten years, it was how the majority of people enjoyed the music. Apple had an advantage over other music players, thanks to the iPod, and was pushed higher due to the iPhone.
But, Apple failed to see streaming music as the next step in digital music, with its CEO Steve Jobs vehemently against it. Instead, for the better part of a decade, a small Swedish company was able to develop without many competitors.
Spotify had already had 22 million customers at the time Apple Music launched. Additionally, it had 68 million subscribers on freemium accounts. YouTube had also monopolized the music video market, a market that Apple did not grasp.
The acquisition of Beats Electronics for $3 billion was the first indication that Apple was open to streaming music. The company shut down Beats Music and launched Apple Music in June 2015, with numerous artists launching to use the application. Apple also launched a variety of radio stations with DJs and artists of note, such as former BBC Zane Lowe and Ebro Darden.
Apple Music hit the ground in the right direction, with 11 million customers in its first year, despite some criticisms of the interface for users. A year after the launch, Apple Music's first significant redesign addressed several interface problems.
Since the beginning, Apple Music has steadily developed into a serious rival to Spotify, particularly within the US, where it's the most popular service for streaming music. However, in Europe and South America, Spotify is still the leader, and Apple might struggle to surpass Spotify's popularity because of its poor-optimized Android application.
What is Apple Music?
Apple Music, available on the App Store and Google Play, is Apple's music streaming application that lets you stream over 75 million tracks, build the playlist of your dreams, receive individual recommendations, and check out what your peers are listening to.
Apple Music, one of the most loved streaming services for music worldwide, has features like the ability to listen offline to the most loved tracks with a real-time lyrics tracker, access to all your devices, new tracks specially selected for you, and playlists created by the editors.
Built-in Apple devices You can also access Apple Music via smart TVs and smart speakers. Android as well as Windows devices, as well as on music.apple.com.
Apple Music Subscriptions
Apple Music offers three different subscription options. It also lets you test any service for free before purchasing.
Student: $4.99 per month
Individual: $9.99 per month
Family: $14.99 per month
We've gathered data and figures about Apple Music. Check out the following article to find out more.
Apple Music key statistics
- Apple Music generated an estimated $5 billion in revenue by 2021, accounting for 6.4 percent of the company's revenues from services.
- A total of 88 million users subscribe to Apple Music as of June 2021
- Apple Music has more subscribers than Spotify in the United States, but Spotify has more users in Europe and South America.
- Apple Music pays artists, on average, $0.0076 per song.
Apple Music overview
Apple Music revenue
Apple does not separate revenues for Apple Music. Therefore, this estimate is based on the total worldwide streaming revenues as well as the market share of Apple Music as well as comparisons with Spotify.
Apple services revenue
Apple's Services division is among the company's most profitable and fastest growing, with Apple Music contributing 6.4% to total revenues.
Apple Music users
Apple Music had 88 million users in 2021. This was an increase of 16 million over last year's.
Apple Music vs. competitors: Pay per stream
Apple Music pays more per stream than Spotify and YouTube; however, both rivals provide their content without cost, with advertisements.
Media streaming average price per streaming ($)
Apple Music vs. Spotify: users
User Experience
In terms of the user experience and interface In terms of user experience and interface, both music streaming apps provide a pleasant experience. The distinction between Apple Music and Apple Music is that you can access the song simply by typing in the lyrics to an album whose name you aren't familiar with. In this way, it functions as a sort of Google and will give results when you type in search results written.
One of the main motives for utilizing these platforms is to find new music. This is why the discovery algorithm and diversity are gaining importance. Spotify provides an ongoing discovery list as well as customized lists. In March 2021, Spotify released Spotify Mixes, personalized playlists featuring your top music, genres, and decades worldwide. Apple Music also offers discovery playlists like 'For You"' and 'New mix.'
In this area, the algorithms and recommendations Spotify offers listeners are more sophisticated.
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Apple Music FAQ
How many songs are available in Apple Music? Apple Music library?
More than 70 million songs are streaming at the time of February 2021.
In how many countries are Apple Music available?
Apple Music is accessible in 167 countries.
What platforms does Apple Music support?
macOS iOS, iPadOS, televisionOS, watchOS CarPlay, HomePod, Windows, Android, Chrome OS, Amazon Echo, Sonos and the web
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