INDUSTRY BRIEF: Music streaming dominance under threat - Venture Insights

INDUSTRY BRIEF: Music streaming dominance under threat

TLDR version: Last month, we looked at the rapid growth of radio streaming apps. In comparison, the music streaming market is more mature, and music listening is more consolidated on dominant platforms. Takeup is still rising but growth is also slowing. Household budget pressures will increase the headwinds, and any global industry slowdown may threaten Spotify’s dominance.