Apple Music Set To Overtake Spotify in US Subscribers

Apple Music Set To Overtake Spotify in US Subscribers

Apple Music Set To Overtake Spotify in US Subscribers

Apple Music is growing its USA subscriber base by five percent each month, compared to Spotify's two percent. While globally Spotify takes the lead, Apple music is growing at a faster pace in the USA gaining 5 percent per month compared to former's 2 percent a month.

The report reveals that the growth rate of Apple Music paid subscribers is much faster than that of Spotify.

The US is the largest market for music streaming with 30 million paying subscribers and Apple's growth there means that it is becoming a serious challenger to Spotify. Luckily for Spotify, it doesn't seem like Apple Music is so hot in other countries around the world, where Spotify has nearly twice as many paying subscribers.

Currently, Spotify is on the number one place globally with 70 million subscribers.

Neither Apple nor Spotify immediately responded to a request for comment.

Despite Apple Music's rising popularity, Spotify has long held the No. 1 spot as the most popular streaming service in the US and around the world.

Apple Music has topped 36m subscribers worldwide, adding 6m in the past five months

News of Spotify's shrinking domestic competitive advantage comes just a few weeks after the company quietly announced its plans to go public.

Will Apple Music overtake Spotify?

Unlike Spotify, Apple Music does not have an ad-based, free-tier option.

What do you think of Apple's growth in streaming music?

With the $349 HomePod, Apple Music can be played directly through the device by voice command. That's because Apple Music appears to be gaining subscribers at a higher rate in Apple's home country. Apple has three to four times the number of such users as Spotify, largely because of its generous three-month free trial.

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