Spotify continues its growth unceasingly, which has already made it one of the dominators of the music streaming scene around the world. The financial report published by the company in the last hours refers to the period between April and June of this year and provides very interesting information on the numbers at stake.
The users active on Spotify in Q2 2018 are a total of 180 million worldwide, of which about 83 million paying. In the last three months, users who subscribed to the music platform were 8 million more than in Q1 2018, with a net growth of 10%.
Good data, if not excellent, that resize the success of Apple Music : according to the latest findings in May, the apple straming service would have about 50 million subscribers, with a growth of about 2 million per month, so slightly more slow compared to that of Spotify.
The positive news also continues with regard to the financial part. The revenue Spotify increased by 26% over the same period last year, thanks to the excellent performance achieved after the launch on the stock exchange , exceeded market expectations.
The analysts' forecasts say that the growth of users and revenues seems destined to slow down in the coming months, also and above all due to a physiological saturation of the users, but the goal of the 100 million subscriber users may not be so far for Spotify.
For more information, please find below some tables and data, which show in detail the situation of the accounts and numbers of the streaming service.
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Spotify continues its growth unceasingly, which has already made it one of the dominators of the music streaming scene around the world. The financial report published by the company in the last hours refers to the period between April and June of this year and provides very interesting information on the numbers at stake.
The users active on Spotify in Q2 2018 are a total of 180 million worldwide, of which about 83 million paying. In the last three months, users who subscribed to the music platform were 8 million more than in Q1 2018, with a net growth of 10%.
Good data, if not excellent, that resize the success of Apple Music : according to the latest findings in May, the apple straming service would have about 50 million subscribers, with a growth of about 2 million per month, so slightly more slow compared to that of Spotify.
The positive news also continues with regard to the financial part. The revenue Spotify increased by 26% over the same period last year, thanks to the excellent performance achieved after the launch on the stock exchange , exceeded market expectations.
The analysts' forecasts say that the growth of users and revenues seems destined to slow down in the coming months, also and above all due to a physiological saturation of the users, but the goal of the 100 million subscriber users may not be so far for Spotify.
For more information, please find below some tables and data, which show in detail the situation of the accounts and numbers of the streaming service.
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