Music App Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Music App Industry Overview & Market Share and it Segmented by Type (In-app Purchases, Advertisement), Platform (Android and iPhone), and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa). The market size and forecasts are provided in terms of value (USD million) for all the above segments.

Music App Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Music App Market Size

Music App Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 28.99 Billion
Market Size (2030) USD 36.36 Billion
CAGR (2025 - 2030) 4.63 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

Music App Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Music App Market Analysis

The Music App Market size is estimated at USD 28.99 billion in 2025, and is expected to reach USD 36.36 billion by 2030, at a CAGR of 4.63% during the forecast period (2025-2030).

This can be attributed to the increase in demand for in-app purchases and the dependence of global digital lifestyles on adopting mobile apps.

  • Global demand for offline music tracks is expanding quickly, supporting industry expansion. These applications primarily offer a sleep timer, widgets, a lock screen feature, folder browsing, and an efficient search methodology. The market would expand due to the rising need for alert technologies that recognize lyrics worldwide.
  • The market's growth is driven by increased smartphone users worldwide and technical advancements in smartphones. Additionally, increased data consumption, internet penetration worldwide, and a surge in the use of various promotional methods and offers like discounts on subscriptions fuel market expansion.
  • Overcoming habitual behavior and developing an offer that might cut down on the costs of transferring from one application to another are the major challenges that many music application companies confront when attempting to win over customers from rivals. Switching charges are a genuine headache, but there are ways to get around them.
  • The key company's primary goal is to offer carefully produced playlists for music apps. The main market players provide a user-friendly music app with a classy appearance. The major players include easy-to-use search functionality, MP3 device support, and personalized music libraries. With the aid of android- and iOS-based platforms, the key players offer a compatible analytical technique for the music app.
  • It was during the global lockdown that music apps experienced a significant increase because of improved in-app purchasing services and the quick movement of users to cloud storage-based apps. Due to the increased demand for podcast management app services during the pandemic, the market grew in popularity. Countries across North America and Asia have witnessed an uptick in the number of users since the pandemic days.

Music App Industry Overview

The Music App Market is moderately fragmented as it currently consists of several large market players. Many key players in the market are in constant efforts to bring advancements. A few prominent companies are entering into collaborations and expanding their global footprints in developing regions to consolidate their positions in the market. The major player in this market includes Spotify AB, Genetec Inc, Apple Inc, Google LLC, Pandora, and others.

In November 2022, Pandora and SiriusXM introduced an artist acceleration program. The initiative promises "targeted programming for a prolonged campaign across SiriusXM channels and Pandora stations, as well as different ongoing marketing support from both businesses". It will concentrate on 6-12 artists per year. The first selection is Coco Jones, a Def Jam Recordings-signed R&B performer, actor, and TikTok celebrity.

In September 2022, Apple announced that it was preparing to release a standalone classical music app along with its popular Apple Music app. The solo classical music app will be included in the upcoming iOS 16 release. Since then, Apple has not commented on the plans in the media; thus, it is unknown if the app will be published in the current year.

Music App Market Leaders

  1. Spotify AB

  2. Apple Inc

  3. Google LLC

  4. Pandora

  5. Deezer

  6. *Disclaimer: Major Players sorted in no particular order
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Music App Market News

  • In December 2022, YouTube was on the verge of introducing the Custom Radio Playlist feature. Soon, customers of the Google-owned music streaming service would have the option to design their own station. The YouTube Music App would give consumers various options for musicians so they may discover their favorites.
  • In May 2022, JioSaavn and Warner Music India jointly launched Spotted - a fresh artist discovery initiative. The program's goal is to create the environment necessary for artists to perform at their best. JioSaavn, in partnership with Warner Music India, will publish the content. For creators, this collaboration is expected to foster a vibrant environment.

Music App Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness-Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Impact of COVID-19 on the Industry

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Higher Demand for In-App Purchase Driving the Market
    • 5.1.2 Market Growth Aided by Robust Smart Phone Penetration and Internet Coverage
  • 5.2 Market Restraints
    • 5.2.1 Concerns Relating to Understanding the Changing Behaviour Pattern of the Consumers

6. MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 In-app Purchases
    • 6.1.2 Advertisement
    • 6.1.3 Other Types
  • 6.2 By Platform
    • 6.2.1 Android
    • 6.2.2 Iphone
  • 6.3 By Geography
    • 6.3.1 North America
    • 6.3.2 Europe
    • 6.3.3 Asia Pacific
    • 6.3.4 Latin America
    • 6.3.5 Middle East and Africa

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Spotify AB
    • 7.1.2 Apple Inc
    • 7.1.3 Google LLC
    • 7.1.4 Tencent Music Entertainment Group
    • 7.1.5 NetEase, Inc
    • 7.1.6 Deezer
    • 7.1.7 SoundCloud
    • 7.1.8 Pandora
    • 7.1.9 Tidal
    • 7.1.10 Wynk Music
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE TRENDS

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Music App Industry Segmentation

Applications in the music segment allow users to listen to various audio files and music. The most popular apps are music streaming services Spotify and Pandora. Their cutting-edge recommender systems let users identify new artists based on their current tastes and make creative music playlists. This category also includes apps that enable music creation, performance, and/or recording.

The Music App Market is segmented by Type (In-app Purchases, Advertisement), Platform (Android and iPhone), and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

By Type In-app Purchases
Advertisement
Other Types
By Platform Android
Iphone
By Geography North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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Music App Market Research FAQs

How big is the Music App Market?

The Music App Market size is expected to reach USD 28.99 billion in 2025 and grow at a CAGR of 4.63% to reach USD 36.36 billion by 2030.

What is the current Music App Market size?

In 2025, the Music App Market size is expected to reach USD 28.99 billion.

Who are the key players in Music App Market?

Spotify AB, Apple Inc, Google LLC, Pandora and Deezer are the major companies operating in the Music App Market.

Which is the fastest growing region in Music App Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Music App Market?

In 2025, the North America accounts for the largest market share in Music App Market.

What years does this Music App Market cover, and what was the market size in 2024?

In 2024, the Music App Market size was estimated at USD 27.65 billion. The report covers the Music App Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Music App Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Music App Industry Report

Statistics for the 2025 Music App market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Music App analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Music App Market Report Snapshots