The revenue in the 'Music Streaming' segment of the digital media market in Singapore was forecast to continuously increase between 2024 and 2027 by in total 17.8 million U.S. dollars (+20.03 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 106.66 million U.S. dollars and therefore a new peak in 2027. Notably, the revenue of the 'Music Streaming' segment of the digital media market was continuously increasing over the past years.
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 of the music streaming industry in Singapore 2017-2027 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/forecasts/1365386/singapore-music-streaming-revenue
Statista. "Revenue of the music streaming industry in Singapore 2017-2027 (in million U.S. dollars)." Chart. January 3, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/forecasts/1365386/singapore-music-streaming-revenue
Statista. (2024). Revenue of the music streaming industry in Singapore 2017-2027 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/forecasts/1365386/singapore-music-streaming-revenue
Statista. "Revenue of The Music Streaming Industry in Singapore 2017-2027 (in Million U.S. Dollars)." Statista, Statista Inc., 3 Jan 2024, https://www.statista.com/forecasts/1365386/singapore-music-streaming-revenue
Statista, Revenue of the music streaming industry in Singapore 2017-2027 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1365386/singapore-music-streaming-revenue (last visited December 21, 2024)
Revenue of the music streaming industry in Singapore 2017-2027 (in million U.S. dollars) [Graph], Statista, January 3, 2024. [Online]. Available: https://www.statista.com/forecasts/1365386/singapore-music-streaming-revenue
