Posted inReports

BPI Insight Session. What’s next for music and podcasts?

It’s notable how little research is publicly available on the size of the podcast audience globally. Ovum is the one research firm to have published estimates. Having previously claimed that there were 484 million [monthly] podcast listeners at the end of 2017, it now expects this to grow to more than one billion listeners in […]

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Posted inData, News

There could be 147m music subscriptions by the end of 2017

While we’ll have to wait for the IFPI’s official numbers later this year, there’s a consensus that the music industry ended 2016 with around 100 million people around the world paying for music subscriptions.

Now Midia Research, which has just upgraded that estimate to 106.3 million, has predicted that the industry could add 44.3 million more in 2017.

“A combination of enough growth being left in the market and the continued success of pricing discounts should see subscriber numbers grow at a slightly faster rate in 2017 than they did in 2016, hitting 146.6 million,” explained the company in a blog post promoting its latest report.

Posted inAnalysis, News

Analysts take their guesses at streaming music’s future growth

It’s safe to say analyst firm ABI Research is feeling bullish about the growth of streaming music in the years ahead. The company has published its latest predictions, claiming that 29m people will be paying for on-demand streaming services by the end of 2013, with Spotify accounting for 32% of them (9.3m-ish) with Deezer, Korean service MelOn, Rhapsody and Sony’s Music Unlimited its nearest competitors.

By the end of 2018, ABI thinks there’ll be 191m paying subscribers for on-demand service, with a significant upswing in streaming music revenues. The company estimates that by the end of 2013, cumulative revenues so far from on-demand streaming will have totalled $5bn, but that this figure will reach $46bn by the end of 2018.