Spotify Was the Biggest Global Music Streaming Service in 2019 Followed by Apple Music

As per research firm Counterpoint Research, the online music streaming service market grew by a record 23% YoY in 2019 and reached a total of 368 million subscribers. The growth was driven by podcasts and original content which attracted consumers and turned them into subscribers. Price cuts and other promotional offers from major streaming services also helped drive growth.

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