Spotify Claims Streaming Music Throne Worldwide, But Pandora Is Still Top Service In U.S.
- 8 years ago
Spotify is the world's top streaming music service in terms of active users, downloads and revenue, according to a new music-focused report out this morning from App Annie.
However, while Spotify bested last year's top streaming music app Pandora Radio from a global standpoint, Pandora is still strong in the U.S. where it remains the number one streaming service by active users on iPhone and Android.
Although failures like the shutdown of Rdio indicate how hard it is to compete in this space where margins are slim, and app stores eat into those meager revenues, the money made from subscriptions sold through in-app purchases has more than doubled from Q3 2014 to Q3 2015, says App Annie.
Ranked by revenue, Spotify followed by Pandora still leads the way, and the top 10 chart is filled with similar on-demand offerings, taking up 7 out of the 10 spots worldwide.
However, while Spotify bested last year's top streaming music app Pandora Radio from a global standpoint, Pandora is still strong in the U.S. where it remains the number one streaming service by active users on iPhone and Android.
Although failures like the shutdown of Rdio indicate how hard it is to compete in this space where margins are slim, and app stores eat into those meager revenues, the money made from subscriptions sold through in-app purchases has more than doubled from Q3 2014 to Q3 2015, says App Annie.
Ranked by revenue, Spotify followed by Pandora still leads the way, and the top 10 chart is filled with similar on-demand offerings, taking up 7 out of the 10 spots worldwide.