In search of fascinating Spotify Stats for 2023? You’re in the suitable place.
Do you know that Spotify had 205 million premium subscribers worldwide, as of the final quarter of 2022?
Additionally, Spotify’s income is rising quickly.
In 2022, Spotify generated a whopping income of over 11.7 Billion Euros, which is up from 9.67 Billion Euros within the earlier yr.
Take a look on the development charge of Spotify’s premium subscribers (Supply: Statista);
Spotify’s subscriber base has elevated exponentially in the previous few years. Statista reviews that Spotify has greater than doubled its subscribers since early 2017.
If you happen to’re NOT conscious of it but, Spotify is the #1 music streaming platform on this planet.
If you happen to’re in search of the most recent Spotify stats, learn on.
40+ Spotify Stats for 2023 [With Latest Trends, Facts, and Data]
1. What number of songs are on Spotify?
Spotify presently has over 100 million tracks and 5 million podcast titles.
2. What number of artists are on Spotify?
Spotify has over 200,000 skilled artists. Over 9 million individuals have uploaded any music to Spotify, and 5.6 million have printed fewer than ten songs all time.
3. What number of customers does Spotify have worldwide?
Wish to know the way many individuals use Spotify? Spotify has over 500 million month-to-month lively listeners, together with 205 million premium subscribers in over 180 markets.
4. What’s Spotify’s market share?
The market share of Spotify is over 30.5% worldwide, virtually double the market share who subscribed to Apple Music. (Supply: Statista)
5. What are Spotify’s largest markets?
Spotify’s high 10 music markets embody Australia, Canada, China, Italy, France, Germany, Japan, South Korea, the U.Okay., and the U.S.
6. Who’re the highest artists on Spotify?
Essentially the most streamed artist of all time on the Spotify platform is Drake, adopted by Dangerous Bunny.
Listed below are the highest 10 artists on Spotify.
- The Weeknd
- Miley Cyrus
- Shakira
- Taylor Swift
- Rihanna
- Ariana Grande
- Ed Sheeran
- Justin Bieber
- David Guetta
- SZA
7. What demographic makes use of Spotify essentially the most?
North America is the TOP demographic that makes use of Spotify essentially the most. Customers primarily based in North America spend a mean of 140 minutes every day on Spotify. It’s adopted by the Center East & Africa area, which spends an overage of 124 minutes DAILY.
8. What number of hours does the typical individual take heed to music on Spotify?
On common, Spotify customers spend over 25 hours each single month listening to music. Virtually 44% of Spotify customers open the Spotify app every day.
9. Which nation has essentially the most premium customers on Spotify?
39% of all premium customers come from Europe. Presently, Spotify has over 205 million premium customers, which implies 41% of all its lively customers.
10. Does Spotify personal every other firms?
Sure, Spotify owns 29 enterprises worldwide and its current acquisition was Kinzen, which is a Dublin-based content material moderation startup.
Among the notable acquisitions by Spotify embody;
- Megaphone (acquired in 2015 for $235 million)
- The Ringer (acquired in 2016 for $196 million)
- Gimlet (acquired in 2014 for $194 million)
Spotify Income Stats
Are you on the hunt for fascinating Spotify income stats? This part is only for you, the place you’ll discover its income, top-earning artists, and far more.
1. How a lot income does Spotify generate?
Within the final yr i.e, 2022, Spotify generated over $11.72 billion Euros.
Right here’s a breakdown of Spotify’s income over the previous few years (in Euros).
- 2017 $4.09 billion
- 2018 $5.26 billion
- 2019 $6.76 billion
- 2020 $7.88 billion
- 2021 $9.67 billion
2. Is anybody creating wealth on Spotify?
Sure, lots of people! In 2022, over 57,000 Spotify artists generated $10,000+, and 1,060 artists revamped 1 million {dollars}.
3. What’s the market cap of Spotify?
As of March 2023, Spotify has a market cap of $23.86 Billion.
In case you don’t know, the market cap is the value of a publicly listed firm comparable to Spotify, Microsoft, Apple, and so on. Typically, the market cap will be simply calculated by multiplying the share value by the variety of excellent shares.
4. How a lot royalties does Spotify pay?
Spotify paid greater than $3 billion to music-rights holders over the past TWO years.
Over 200,000 music artists generated 95% of the full royalty on Spotify whereas contributing 15% of all tracks uploaded every day to Spotify.
5. How a lot does Spotify payout to its creators to date?
All-time Spotify payouts to music-rights holders are over $40 billion. $40 billion consists of each recording and publishing royalties.
6. How does Spotify generate profits?
Spotify generates music income from two main sources;
- Subscription charges from Spotify Premium subscribers
- Promoting charges on the free tier music
The subscription to the Spotify Particular person Premium plan prices $9.99 per thirty days, and it gives totally different pricing plans in numerous international locations. For instance, in India, you may get Spotify Premium for under ₹119/month (only one.45 {dollars}).
7. How a lot does Spotify pay an artist per stream?
Spotify pays artists between $0.003 – $0.005 per stream on common. Meaning you’ll want round 229 streams to make $1 on the Spotify platform as an artist. As a comparability, you’ll want 249 streams to make $1 in Amazon Music.
8. What’s Spotify ARPU?
Spotify’s ARPU (Common Income Per Consumer) amounted to 4.52 euros in 2022 (Supply: Statista)
Statista reviews that the premium ARPU of Spotify has been falling since 2017.
Right here’s a fast breakdown of Spotify’s common income per person over time.
- 5.32 Euros in 2017
- 4.81 Euros in 2018
- 4.72 Euros in 2019
- 4.31 Euros in 2020
- 4.29 Euros in 2021
- 4.52 Euros in 2022
The explanations for the autumn of ARPU embody Spotify’s enlargement in international locations with decrease costs (for instance India), pupil offers, and household plans.
9. Does Spotify make a revenue? What’s Spotify revenue within the final yr?
No, Spotify has not reported an annual web revenue since its inception.
So what was Spotify revenue within the final yr? Statista reviews that in 2022, Spotify suffered a web lack of 430 million euros.
Right here’s the online loss over time.
- In 2021, a web lack of 34 million euros
- In 2020, a web lack of 581 million euros
- In 2019, a web lack of 186 million euros
- In 2018, a web lack of 78 million euros
- In 2017, a web lack of 1235 million euros
- In 2016, a web lack of 539 million euros
- In 2015, a web lack of 230 million euros
10. What’s Spotify’s EBITDA?
Spotify Know-how’s 2022 annual EBITDA was $-514 million (web lack of 514 million US {dollars}).
In case you’re questioning, EBITDA stands for Earnings Earlier than Curiosity, Taxes, Depreciation, and Amortization. It’s a metric used to judge an organization’s working efficiency.
Spotify Platform Stats
Are you in search of Spotify platform statistics basically? Listed below are a number of fascinating stats for you.
1. What’s the most-streamed tune on Spotify?
“Blinding Lights” by The Weeknd is the most-streamed tune of all time on Spotify, which presently has over 3.5 billion streams as of March 2023.
2. Who’s the #1 streamed artist on Spotify?
Drake is the #1 streamed artist on Spotify. Drake’s first-ever hit was “Finest I Ever Had,” and he’s one of many wealthiest rappers on this planet with an estimated web value of over $270 million.
3. Which is the #1 high podcast on Spotify?
The #1 podcast on Spotify is The Joe Rogan Expertise, which is a podcast hosted by American comic Joe Rogan. His podcast’s size is round 1 to three+ hours.
In case you’re curious, listed here are the highest 5 hottest podcasts on Spotify:
- The Joe Rogan Expertise
- Name Her Daddy
- Something Goes with Emma Chamberlain
- Caso 63
- Crime Junkie
4. Who has essentially the most month-to-month listeners on Spotify?
Canadian singer The Weeknd has the MOST month-to-month listeners on Spotify, with 107,539,669 month-to-month listeners as of March 2023. The Weeknd’s unique identify is “Abel Makkonen Tesfaye”.
Listed below are the highest 5 singers who’ve essentially the most month-to-month listeners;
- The Weeknd
- Rihanna
- Taylor Swift
- Miley Cyrus
- Shakira
5. What number of Spotify customers are within the US?
Based on eMarketer, Spotify presently has 83.1 million customers within the US, of which 44.7 million are paying subscribers.
6. Which is the highest 1 music app on iPhone?
Statista reviews that Spotify was the most-downloaded music app for iPhone within the Apple App Retailer in the US.
Based on Statista, Spotify had over a million downloads from iPhone customers. YouTube Music was the second-most standard music app which has roughly 311,000 downloads from U.S. customers.
7. What gender makes use of Spotify essentially the most?
56% of Spotify customers are male. 44% are feminine customers. Many surveys report that the feminine person base on Spotify is rising quickly.
8. How many individuals on Spotify take heed to podcasts?
In whole, 1 in 4 podcast listeners makes use of Spotify for podcasts. Whereas 1 in 5 use Apple Podcasts.
Spotify formally reviews that the variety of podcasters collaborating within the Spotify Viewers Community has grown 8x within the final two years.
Based on Statista, the highest platforms for listening to podcasts are Spotify (25% of listeners) and Apple Podcasts (20%).
9. What number of songs are uploaded on Spotify each day?
Roughly 100,000 NEW music tracks are being uploaded to Spotify’s music streaming platform each single day.
10. What was the primary tune uploaded on Spotify?
The Hymn Of Ugarit was the primary tune uploaded on the Spotify platform.
Curiously, The Hymn Of Ugarit is the oldest piece of music recognized to human historical past (which is over 3,200 years previous).
High 10 Fascinating Spotify Details
In search of Spotify details? Right here’s a handpicked listing of the highest 10 details about Spotify.
1. Who based Spotify?
Daniel Ek and Martin Lorentzon are the founders of Spotify. They launched Spotify on 23 April 2006. Spotify has presently 10,151 staff world wide. It has headquarters in Stockholm, Sweden, and has 15 workplaces worldwide.
2. Did Spotify have a cyber assault?
Sure, in 2020, Spotify has fallen sufferer to a cyber assault that has a database containing 380 million particular person information, together with the logins and passwords of Spotify customers. Spotify issued a rolling reset of passwords the identical yr and all of the accounts on Spotify are protected now.
3. Why is it known as Spotify?
Based on co-founder Daniel Ek, Spotify is a mix of spot + determine.
4. What’s the longest playlist on Spotify?
The longest Spotify playlist is held by Willis Orr.
Willis has a HUGE playlist on Spotify with over 10,000 songs, which is the maximum restrict of a Spotify playlist. It has greater than 800 hours of music. You’ll be able to take heed to the playlist right here.
If you happen to’re questioning, it is going to take 33 consecutive days to take heed to the longest playlist on Spotify.
5. What number of playlists can be found on Spotify?
Spotify has over 4 billion playlists. The platform has over 100 million tracks obtainable.
6. What are the most well-liked podcast genres on Spotify?
Society & Tradition is the most well-liked podcast style on Spotify.
The highest 5 hottest podcast genres on Spotify worldwide are included under:
- Society & Tradition
- Comedy
- Way of life & Well being
- Arts & Leisure
- Training
7. What’s the #1 podcast within the US?
The Deck Investigates is the most well-liked podcast within the US (Supply: Spotify Podcast Charts)
It’s hosted by Ashley Flowers, the place she shares unique particulars of Darlene Hulse who was brutally killed in her own residence 40 years in the past.
Ashley Flowers additionally hosts one other standard podcast known as “Crime Junkie” and she or he’s an NYT best-selling writer.
8. What’s the #1 podcast in India?
True Story Bro! with Triggered Insaan is the no.1 podcast in India (Supply: Spotify Podcast Charts)
It’s run by Nischay Malhan (popularly often called Triggered Insaan), a Delhi-based Indian YouTuber who principally covers humorous and horror tales on his podcast.
9. Does Spotify have inventory?
Sure. You should buy Spotify stocks because it’s a publicly listed firm. The present value of Spotify shares is round $120 USD and the market value of Spotify is over $23 billion.
10. Can you modify your username on Spotify?
No, you possibly can’t change your username on Spotify. Additionally, you possibly can hook up with Fb to show your Fb identify. If you happen to add a Spotify show identify, that may present as an alternative of your Fb identify.
FAQs on Spotify Customers
Listed below are some fascinating questions on Spotify statistics, Spotify information, and its customers.
Who’s the number one artist on Spotify in 2023?
As of March 2023, Drake is the no.1 artist with 56,442,820,201 lead streams on the Spotify platform.
What’s the number one music streaming service?
Spotify is the #1 music streaming service, as 30.5% of music streaming subscribers worldwide have a Spotify subscription.
How a lot does Drake earn from Spotify?
Drake is without doubt one of the highest-paid creators on Spotify and has 68,665,544 month-to-month listeners. Drake’s estimated earnings from Spotify are over $53 million.
What are the demographics of Spotify customers?
Most of Spotify’s customers within the U.S. are aged between 25 to 34 years.
Is Spotify larger than Apple music?
Sure, Spotify is MUCH larger than Apple music, as Spotify has over 500 million lively customers in comparison with Apple Music’s 88 million customers.
Who’re the highest rivals of Spotify?
Spotify’s main rivals are Apple Music, Amazon Prime Music, Youtube Music, and Google Play Music.
How a lot has Spotify paid out to rights holders since its launch?
Spotify claims it has paid over $40 billion to music rights holders on its platform, which incorporates music recording and publishing royalties.
Last Ideas on Spotify Statistics for 2023
The #1 motive Spotify is so profitable is due to its information. It makes use of new applied sciences comparable to synthetic intelligence to assist customers discover precisely what they need.
Additionally, Spotify focuses A LOT on person expertise. It has an easy-to-use interface on each desktops and mobiles and you could find over 100 million music tracks on its platform.
So what are your ideas on Spotify? Did you discover our listing of Spotify stats fascinating? Share this put up in case you discover it helpful.