Back in February, music industry analytics have predicted that Apple Music would have more paying subscribers than Spotify by the end of this year’s summer. Well, it didn’t take that long because according to industry sources, Apple’s music streaming service already has more paying US customers than its rival.
Apple de-throned Spotify even though both platforms have a little over 20 million subscribers. Apple is just “a hair ahead” of Spotify while easily leading the pack that includes Tidal and Sirius XM.
Thanks to Apple Music’s rapid growth in the past year, it will continue widening the gap between Spotify and Apple’s streaming service. To be exact, Spotify is growing 2% each month while Apple Music grows 5% each month.
However, Spotify remains the global leader with 70 million paying subscribers and 90 million free accounts while Apple has only 45 million paying users and 5 to 10 million trial listeners.