Whether it’s the latest Taylor Swift hits or old Beatles classics, we all love good music.
With Spotify, you can access your entire music paradise with just a click or a touch of the screen.
To see how popular Spotify is, go ahead and check out some of the Spotify Stats overviews!
Incredible Stats by Spotify (Editor’s Choice)
Spotify invested $29.6 billion in 2018.
Spotify suffered 186 million euros in 2019.
There are 268 million active listeners on Spotify each month. Spotify has over 130 million premium users.
Spotify is now available in 79 countries.
Spotify was only available in 6 European countries in 2008.
More than half of Spotify listeners are between 18 and 34 years old.
Spotify General Statistics
Spotify was created in 2006 in Sweden by Daniel Ek and Martin Lorentzon to fight illegal music downloads at the time. Its name is a combination of the words “spot” and “show”.
Spotify supported development when it launched in the US market in 2011. There are two versions.
Spotify Free is where users can listen to music but be distracted by ads. Also, there is no option to download music for offline use.
Spotify Premium is where users pay a monthly subscription to access all the best of Spotify, including the best music, and access your entire music library without any advertised hassle. You can also download music for offline consumption. Spotify Statistics
With that in mind, let’s take a closer look at the new stats.
1. $29.6 billion is Spotify’s value in 2018.
Spotify costs just $30 billion in 2018, a staggering picture. That year, Spotify opened on the New York Stock Exchange at $165.90.
2. 45% CAGR two years is Spotify’s total revenue in 2017.
Spotify continues to grow every year. In fact, according to Spotify statistics in 2017, both types of Spotify users grew, accounting for 39% of total revenue. Premium consumer revenues increased by 38% in 2017.
This is good news for the company, as 90% of Spotify’s revenue comes from premium users. The remaining 10% comes from free advertising services.
3. Spotify suffered by 186 million euros in 2019.
Spotify’s revenue continued to rise year-over-year, but the company posted a decline for the 12th consecutive year through 2018. The loss was due to more than Spotify’s expenses for most expenses and research and construction projects. . In 2015, while the company had a turnover of more than 1 billion euros, it also recorded a net loss of 162 million euros. Most of those costs came from revenues of more than $882 million in 2014.
Finally, during the fourth quarter of 2018, the company recorded positive gains on all types of revenue, including profits, profits and free profits. It was Spotify for the first time and has since grown even more.
4. Spotify has over 286 million monthly listeners.
Almost everyone has a Spotify account today. In fact, according to Spotify user statistics, 286 million people stream music on the platform every month. This is a staggering 31% increase from last year, when it had 271 million listeners. According to Spotify statistics for 2020, the company has already reached its 3-month forecast for the end of March 31, 2020. However, the daily lives of many listeners have changed due to the global transmission of COVID-19. Since the world shutdown, Spotify’s listening stats show a drop in listeners, especially for podcasts.
This is primarily due to the decline in consumer transport, where consumers often spend their peak viewing time.
On the other hand, the number of TVs and game consoles increased by 50%, and real-time streaming statistics also increased.
5. 130 million listeners on Spotify have a premium account.
(The Wall Street Journal)
According to Spotify user statistics, 130 million people listen to real music with Spotify Premium subscriptions. This is a good increase from last year, when the number of high-end consumers was 124 million.
However, due to the outbreak of COVID-19, users have abandoned their accounts. According to Spotify, 1 in 6 users said it was due to industry ignorance. But it’s not all bad news.
Most of these users plan to top up their money when their financial situation returns.
6. Spotify is available in 79 countries.
Spotify is now available in 79 stores, including Australia, Japan, Canada and Egypt. According to Spotify statistics for 2019, Europe accounts for the majority of the market based on Spotify users and Spotify users, with 35% monthly subscribers (MAU). In second place is North America with 27% of MAU, Latin America with 22% and the other country with 16%. Naturally, the richer the area, the more users there are.
Creating a country in the Other Countries category represents the fastest growth. When Spotify launched in India in 2019, it had 2 million users in just two months. It is important to note that Latin America is still growing rapidly. 7. Spotify Premium subscriber list in 2019 is 29% higher than expected.
Spotify’s growth in premium subscribers in 2019 is greater than expected.
look at this:
As a company, it is the fastest and fastest growing it has seen thanks to its important partnerships. For example, their “quarterly grace” was extended to include family plan members during the last quarter of the year. Meanwhile, the collaboration between Google Home and Spotify in the United States has also played a key role in increasing the number of premium users. Consumers in the United States can request the free Google Home Mini for personal, student, or family plans.
In addition to these partnerships, there are other partnerships with Curry’s PC World in the UK and XBOX Game Pass in the US and UK, which also offer eligible users a 6-month free trial of Spotify Premium.
8. According to Spotify statistics, 29% of users are thousands of years old between 25 and 34 years old. (statistical)
Spotify has millions of users each month and hundreds of millions of new visitors to its platform each month. In the United States, Spotify podcasts are particularly popular among podcast lovers.
To understand the population of Spotify by age group, when looking at Spotify statistics in March 2018, the percentage of users between the ages of 25 and 34 (29%) is the highest.
The second largest age group at 26% was the youngest age group (18-2424 years). In the third, a surprising 19% were over 55, followed by 16% from 35 to 444 and 11% from 45 to 554. 9. According to Spotify Music Statistics, Spotify has over 50 million tracks, and the number continues to grow.
If you’re wondering how many songs are on Spotify, you’ve found the answer.
And that staggering number is!
The problem is:
Spotify amuses itself by continuously delivering flawless content. With over 50 million tracks, including compelling images and other treasures, you can find everything from German rock to African music. 10. 22,342,821 are the number of Spotify fans on Facebook since June 2020. According to Spotify statistics
(Facebook, no longer needed)
Like all valuable names, Spotify knows the latest names and understands the importance of having a strong social media reputation. Compared to July 2013 figures, the number of Spotify fans on Facebook has increased by 500%.
11. Spotify has over 500,000 podcast titles.
Podcasts on Spotify are very popular among listeners and over half a million tracks are available on the platform. Since 2019, Spotify has seen its podcast audience grow by more than 50% and watch time grow by 39%.
The most popular podcasts on Spotify are the Joe Budden Podcast, My Favorite Killing, Gemschtes Hack, Fest*Flauschig and The Misfits Podcast. Click to tweet
12. Ed Sheeran has the most listeners on Spotify with 69.15 million monthly listeners in July 2019. (statistical)
According to Spotify Artist Stats in July 2019, Ed Sheeran had 69.15 million monthly listeners, making him number 1 on Spotify’s list of monthly listeners. In second place are Shawn Mendes with 55.96 million and monthly listeners with 54.99 million, followed by Camila Cabello and J Balvin with 54.58 million, Khalid with 54.56 million and Justin Bieber with 52.05 million.
The problem is:
Ed Sheeran Place is his fourth studio album, No. This is due to the start of the collaboration project 6. On this album, he worked with many popular artists on Spotify’s monthly lists, including Justin Bieber and Khalid.