The music streaming market is booming, driven by a surge in online music consumption and the shift towards on-demand, ad-free listening experiences.
In 2022, the market reached a staggering US$7565.5 million, and it’s poised to skyrocket to US$22610 million by 2029, registering an impressive CAGR of 16.6%.
This growth is fueled by several factors, including:
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