Music is considered the food for the soul and you might feel this so much as a joke but the music streaming apps are taking it seriously. Yes, in the past few years digitized music platforms have increased their reach with some old and new players on the scene.
If you look at the booming market of music apps, Spotify leads the way with 36% of market share and just behind it, is Apple’s music streaming service Apple Music with 19%. Here, Amazon music streaming service on the third spot with 12% can be considered remarkable as Amazon has music and video streaming as a part of its Prime-membership program and not pure music streaming service.
Let’s take a look at the top five music streaming apps in the current era of digitized music.
1. Spotify:
Spotify remains the most preferred music streaming app in the market today. Irrespective of competition with giants like Amazon and Apple, this app has proved to be the front runner, when it comes to music streaming. The most fun part of Spotify is its curated playlists that are customized exclusively for the listeners based on their liking and these playlists are changed every week based on an algorithm to provide a personalized touch.
It also provides its listeners options for social sharing of the tracks that they listen and with its podcast service, Spotify has been able to attract many new artists and creators to cater to the listeners.
2. Apple Music:
Without a doubt, one of the oldest and first streaming service providers has been Apple. It all began with the famous iTunes, as authentic records were signed for releases on the iTunes, it had the Apple’s device users at their helm.
This then led to many such apps built on Apple’s own platform. Firms and business conglomerates looked to hire iOS developers to leverage the platform for apps like iTunes and soon the market for music streaming apps started to open its gates for new players and recently, Apple decided to break iTunes into Apple Music, Apple Podcasts and AppleTV. Yet, for Apple users, Apple Music remains their number one choice for music streaming.
3. Amazon Music:
It is like there is no stopping this e-commerce giant. Amazon has created a cognitive e-commerce market of e-shopping, online video streaming and music streaming with Amazon Prime and Amazon Prime Music is one of the fastest-growing music streaming app today. Its ploy to offer a bouquet of services with the Prime membership will continue providing it with a large user base.
Amazon has large collections of songs and artists and if you consider the recent Prime Day concert any indication then there is a certain symbiosis of artists and Prime music with the likes of Taylor Swift, Dua Lipa, etc. that takes it a notch higher.
4. Tencent:
Tencent is considered as the most preferred music streaming app in China. Tencent Holdings formed the music company in 2016. It is already one of the top four music mobile apps in terms of mobile monthly active users. It’s the largest online music entertainment platform in China, with more than 800 million monthly average users.
Such music apps are a great way to generate revenue for your business. The best approach is to get an app development company to develop amazing music apps. Though to reach the maximum audience, you may tap into cross-platform app development.
5. Deezer:
Deezer is slowly pacing up its place in the market with a larger user base in recent times. In the last few years, Deezer has tripled its userbase and is said to cross the Spotify frenzy soon. Started with France Deezer has its music streaming service available in 182 countries now.
Wrapping Up:
All these apps are subscription based. However there are many apps that helps users with free music streaming without any subscription. But, music needs to be on your device storage.
Considering the fact that music is like a daily chore and it does not matter where one might be or in which mood, music will surely help. This fact makes the business of music streaming all the more lucrative and profitable to pounce on and these apps are doing the same.
So, if you are considering building a music streaming app from an experienced app development company then feel free to get your free consultation today!
Kunsh Technologies 