Global Music Streaming Service Market Growth in 2021
The online music industry has seen some astonishing growth over the last few years. Somewhere between 2.7 and 7.8 million people referred to streaming music in 2019, which was well way ahead of the anticipated 1 million in 2018.
Reference for the research-https://www.grandviewresearch.com/industry-analysis/music-streaming-market
The focus of the growth, however, did not have to come dependent on the decreasing audio fidelity of the music delivered through the public internet. Compared to the traditional model of streaming music to consumers through the radio, internet radio, and the iPods Maxim, online music streaming apps have vastly different requirements for the user experience & some of the famous apps are Apple, Spotify, Media Leap, Pandora, Amazon Music, Tidal, Qubuz, etc.
For instance, listeners have to be able to gain access to the desired amount, taste, and quality of music in any format easily. Additionally, the growth of the streaming music service was heavily reliant on the concentration of investment on the public internet for the mastering of audio sound as well as pushing streaming music bundle deals.
The Major Players in the Music Streaming Service Market
The best music streaming services have a lot in common. Most offer about 70 million songs for around $10 per month. But some services try to appeal to people with specific interests, and the companies continually roll out new features in a fight for consumers’ attention.
In fact, the music streaming services detailed below provide a great example of how competition is good for consumers. Apple recently announced its entire library would soon be available for streaming in lossless high fidelity. Just one day later, Amazon made its hi-fi streaming service a free benefit of its basic tier, and Spotify had already announced that lossless streaming would arrive by the end of the year. So, that’s how they all compete with each other. Below mentioned are some of the Best Music Streaming Apps For Android And IOS
Apple Music
Apple Music works by syncing songs to the user’s iCloud account. The downloaded songs can be resumed on any device where you have an Apple Music Premium account.
When background music is enabled to Apple Music, songs downloaded in the background will continue playing without charging your device.
Apple says you’ll be able to stream the entire library in lossless high-definition by the end of the year, while 20 million songs are available in high-def for now. Some content also works with Dolby Atmos surround sound if you have a compatible device.
Media Leap
Media Leap is a free music streaming app download allowing you to upload your music and listen to it online via a web browser, mobile app (both iOS and Android), and download music onto your devices allowing for offline listening.
Media Leap was built to make it easier for people transitioning from physical audio sources such as CDs to digital and allowing you to manage any digital tracks you have, making it easier to access your music 24/7.
We have built a product that caters to both casual users and high-fidelity users. This is why we allow the uploading and streaming of MP3, Ogg, and FLAC files.
Pandora
The best online music streaming services in Pandora are free with ads. For $5 per month, you listen to streaming radio without ads or specific songs with ads. The $10-per-month tier gets you to access to the entire service ad-free. A $15 family plan is also available. Pandora offers free trial periods for the paid plans, and discounts for students and members of the military. It’s easy to get started. Tell Pandora which artist you want to hear and it creates a channel with selections from that artist and others with similar styles; you can tweak the channel to match your tastes. Apps are available for most major platforms, including web browsers, Android and iOS smartphones, and most smart speakers.
Spotify
You can stream Spotify songs on your iPhone, while offline, by simply pressing one button. After pressing one, it will give you an option to download the playlist to your phone.
Google’s free version is limited to 50,000 tracks and has a one-time free trial period. After your one-time free trial, you will have a paid subscription that gives unlimited music. Spotify Premium gives you 100,000 tracks and a one-year free trial period.
Users can stream music free with ads via desktop and web apps. The Premium tier, which costs $10 per month for individuals or $15 for up to six family members, grants ad-free on-demand access to Spotify’s library of 70 million tracks and 2.6 million podcasts. Students pay a discounted rate of $5 and get free access to Hulu (with commercials) and Showtime. A 30-day trial period is available.
Amazon Music
Amazon Music is a music streaming platform and online music store operated by Amazon. it became the first music store to sell music without digital rights management from the four major music labels, as well as many independents. Prime Music is included with Amazon Prime, Amazon’s paid subscription service that costs $13 per month or $119 per year. It has a library of 2 million songs.
Amazon Music Unlimited costs $8 per month for Prime members, $10 per month for non-Prime members. There’s a free three-month trial and a discounted family plan. You can also get a special rate of $4 per month if you sign up for the Single Device Plan via an eligible Amazon Echo device.
You can also access free, ad-supported playlists and stations by asking an Alexa smart assistant to play music.
Tidal
Tidal, which offers a wide selection of music beyond its seemingly urban focus. Its higher-priced options are especially suited to people seeking the best audio quality. While Qobuz promises arguably better sound quality (no MQA decoder required) both its subscriber base and catalog are dwarfed by Tidal’s. Tidal is a Norwegian subscription-based podcast and video streaming service that offers audio and music videos. Tidal was launched in 2014 by Norwegian public company Aspiro and is now majority-owned by Square, an American payment processing company.
Qobuz
Qobuz is a French commercial app to listen to music offline free on the iPhone. It was founded in 2007 by Yves Riesel, expanded to a limited range of overseas markets, including the United Kingdom, the Netherlands, Germany, Italy, and Spain, and launched in the US in May 2019 with a clean interface, hi-res audio streams (which unlike Tidal’s don’t need an MQA decoder) and the ability to buy lossless music. It offers two plans — the hi-res Studio Premier for $15 a month and the $249 annual Sublime Plus, which offers discounts on the store. At 50 million tracks, Qobuz’s streaming catalog isn’t quite at the level of Tidal or Spotify, but it should be sufficient for everything but the more obscure artists.
