ABI Research: Spotify to hold 32% of music streaming subscribers
Apple’s iTunes Radio, due this fall, has its work cut out for it — but also plenty of opportunities. Consumers paying for on-demand music streaming services will total 29 million worldwide at the end of 2013, show the latest forecasts from ABI Research (www.abiresearch.com).
Accounting for 32% of the premium subscribers, Spotify is expected to close the year as the leader, trailed by Deezer, SK Telecom’s MelOn, and rounded out by Rhapsody and Sony. The subscriber base is forecasted to reach 191 million by end-2018.
Read More