The revenue change in the 'Music Streaming' segment of the digital media market in the Philippines was forecast to continuously decrease between 2024 and 2027 by in total 5.7 percentage points. After the fourth consecutive decreasing year, the indicator is estimated to reach 5.37 percent and therefore a new minimum in 2027.
Data provided by Statista Market Insights are estimates.
Music Streaming services, e.g. Spotify, Deezer or Apple Music, offer unlimited access to their content libraries for a monthly subscription fee (without any advertising). Music can be streamed to various connected devices. Ad-supported services, with forced commercial breaks between the tracks, internet radio or video streams (e.g. YouTube) are not included.
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Statista. (January 3, 2024). Revenue growth of the music streaming market in the Philippines from 2018 to 2027 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/1258038/music-streaming-svod-revenue-growth-philippines
Statista. "Revenue growth of the music streaming market in the Philippines from 2018 to 2027." Chart. January 3, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/1258038/music-streaming-svod-revenue-growth-philippines
Statista. (2024). Revenue growth of the music streaming market in the Philippines from 2018 to 2027. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/1258038/music-streaming-svod-revenue-growth-philippines
Statista. "Revenue Growth of The Music Streaming Market in The Philippines from 2018 to 2027." Statista, Statista Inc., 3 Jan 2024, https://www.statista.com/forecasts/1258038/music-streaming-svod-revenue-growth-philippines
Statista, Revenue growth of the music streaming market in the Philippines from 2018 to 2027 Statista, https://www.statista.com/forecasts/1258038/music-streaming-svod-revenue-growth-philippines (last visited November 21, 2024)
Revenue growth of the music streaming market in the Philippines from 2018 to 2027 [Graph], Statista, January 3, 2024. [Online]. Available: https://www.statista.com/forecasts/1258038/music-streaming-svod-revenue-growth-philippines
