Audio Streaming: Strategic Intelligence

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

$995

Audio streaming refers to the process of transmitting audio content over the internet for immediate playback. According to GlobalData forecasts, the global audio streaming market was worth $40 billion in 2024. It will grow to $89 billion by 2030 at a compound annual growth rate (CAGR) of 14% between 2024 and 2030.

Scope

This report provides an overview of the audio streaming theme.

It identifies the key trends that will impact the theme's growth over the next 12 to 24 months, split into three categories: technology trends, macroeconomic trends, and regulatory trends.

The comprehensive industry analysis includes market size and growth forecasts for the global audio streaming industry, as well as a timeline highlighting significant milestones in the theme's development.

The detailed value chain comprises four layers: content creation, content aggregation, distribution, and device. A list of leaders and challengers is provided for each value chain segment.

Key Highlights

Music is the largest segment in the global audio streaming market, projected to reach $49 billion by 2030, up from $20 billion in 2024. However, demand for podcasts and audiobooks is growing. These spoken-word formats are increasingly important to the growth and monetization strategies of platforms like Spotify and iHeartMedia. Meanwhile, live and community-driven internet radio stations maintain their appeal by offering spontaneity. Listeners tune in to hear what is playing at that moment, creating a sense of unpredictability and social listening that AI-driven platforms lack.

Artificial intelligence (AI)-generated audio is disrupting the economics of audio streaming, offering limitless and low-cost content that challenges traditional value chains. It promises to improve listener engagement through a continuous flow of content and personalization but poses a direct threat to artists’ livelihoods. If AI-generated audio becomes widespread, it could break down existing compensation models and blur the legal and economic boundaries of ownership, creation, and revenue sharing.

Reasons to Buy

The audio streaming industry is expanding as consumer demand for personalized, on-the-go content grows. This surge has triggered fierce competition among traditional media houses, tech giants, and independent creators, all striving for audience attention and loyalty. All audio streaming platforms are doubling down on exclusive content, sophisticated recommendation algorithms, and enhanced user experiences to gain a competitive edge.

This report provides a detailed overview of this disruptive theme, including identifying leading and challenging players across the whole value chain.

264 Records
360 Security Technology
Aaptiv
Abbey Road Studios
Ableton
Acast
AccuRadio
Acer
Adobe
AIR Studios
Akamai
Alibaba
AllTrack
Alphabet (Google)
Amazon
América Móvil
American Public Media
Anghami 
Apple
APRA
Ardour
Armada Music
ASCAP 
Asus
AT&T
Audacity 
Audacy
Audeze
Audio Pro
Audiomack 
AudioTool
AutoMate
AutoZen
Avex
Avid Technology (Pro Tools)
Baidu
BandLab (Cakewalk)
Bang & Olufsen
Barnes & Noble
BBC
Beggars Group
Believe Music (TuneCore)
Bharti Airtel
Bitwig
Blackbird Studio
Blackstar
Blackstone Publishing
BlazingCDN 
Block (Tidal)
BMG Rights Management
BMI 
BookBeat
Boomplay
Bosca Ceoil
Bose
Brane Audio
BT Group
Buzzsprout
CacheFly
Calm
Capitol Studios
Car Dashdroid
Car Launcher
CASH
Castbox
CD Baby
CDNetworks 
Cedar House Audio
CelcomDigi
Chamelo
China Mobile
China Music Group
China Telecom
Classic FM
CloudFlare
Cockos (Reaper)
Comcast
Concord Music
Content Allies
Corsair
Daily Burn
DailyWire 
DarkWave Studio
Deezer
Dell Technologies
Delta Sound
Deutsche Telekom
DistroKid
Dolby Laboratories
Downtown Music
Dreamscape Media
Drivemode
Earwolf
ECAD
EdgeNext 
Edifier
Electric Lady Studios
Elfo Recording Studio
Empire
Everand
F5
Fastly
FitRadio
Forever Audio
ForeVision Digital
Gallo Music
Garmin
GEMA
Glo Digital
Global Music Rights
GN Group (Jabra)
Goodpods
Hachette Book Group
Haier
Hans Zimmer’s Studio
Hansa Studios
Harlequin
Headspace
Hifiman 
Hisense
Hit'n'Mix’
Horus Music
HP
Huawei
IBM
IDAGIO 
iHeartMedia
Image-Line (FL Studio)
Imagine Marketing
IMRO
Indie Music Academy
Insight Timer
IPRS
Jango
Japan Music Marketing
JASRAC
JBL
John Marshall Media
JYP Entertainment
Kakao
KDDI
King Toledo
Kingsoft 
Kobalt Music Group
KOMCA
Landr
Lenovo
Level
LG Electronics
LibriVox
Libro.fm
Libsyn
Listenable 
Logitech
Luminary
LY Corp (Line Music)
Macmillan Publishers
Magix (Sequoia Pro)
Marshall
Masimo (Denon)
mau5 House
MCSC
Meizu (Flyme Auto)
Meta
Metropolis Studios
Microsoft
Midwest Tape (Hoopla)
Mobvoi
Mosaic Audio
MSI
MTN
Mule Musiq
Muscle Shoals
Music AI (Moises)
Music Gateway
Naim Audio
National Public Radio
Naxos Audiobooks
Neon Future Cave
NetEase
New York Times
News Corp (HarperCollins)
NHK World Radio
Nintendo
Noise
Novel Audio
NTT Docomo
Nvidia
Oasis Audio
Ocean Sound
Oi 
Omari MC
OnePlus
OneRPM
Onkio Haus
Oppo
Orange
OrionPromotion.com
Overcast
OverDrive (Libby)
Paramount Global
Peermusic
Peloton
Penguin Random House
Pinewood Studios
Playlist IQ
Playlist Push
Pocket Casts
Pocket FM
Podbean
PodcastOne 
Podimo
PPI
PPL
PreSonus (Studio One)
Primary Wave
Pro Music Rights
Production Japan
PRS for Music
Pubmark (Chirp)
Qobuz
Question de Son
Rackspace
Radio Paradise
Radio.net
Rakuten
Razer
RBMedia
Re:Sound
Real World Studios
RELE ASIA
Reliance Jio
Reservoir Media
Revelator
Roku
Rotana Records
Round Hill Music
RouteNote
RTHK Radio
SABAM
SACEM
Samsung Electronics
Scribe Media
Sennheiser
SESAC
SGAE
Simon & Schuster
Simple Habit
Simple Radio
Singtel
SiriusXM (Pandora)
SK Telecom
SM Entertainment
SOCAN
Solos
SomaFM
Songtrust
Sonic Union
Sonoro
Sonos
Sony
Sound City
Sound Republic
SoundBetter
SoundBridge
SoundCampaign
SoundCloud
Soundcore
SoundDrop
SoundExchange 
Soundpeats 
Spotify
Starlight PR
Steinberg (Cubase)
Storytel
Studio 21
Studio One
Studios 301
Sun Studio
Sunset Sound
Synchron Stage
Taihe Music Group
TCL
Technicolor Sound
Technics
Telefónica
Ten Percent Happier
Tencent
The Mindfulness App
Transsion
TuneIn
Two Story Media
Universal Music Group
Verizon
Vivo
Vodacom
Vodafone
Vox Media
Walmart (Vizio)
Walt Disney
Warner Music Group
Xiaomi
Ximalaya
YG Entertainment
YouGrow 
Zee Music Company
Zepp Health (Amazfit)
Zlink

Table of Contents

Executive Summary

Players

Technology Briefing

Trends

Industry Analysis

Value Chain

Companies

Sector Scorecard

Glossary

Further Reading

Thematic Research Methodology

Audio Streaming: Strategic Intelligence thematic reports
Currency USD
$995

Can be used by individual purchaser only

$1,995

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company


Undecided about purchasing this report?

Enquire Before Buying

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

See what our customers are saying
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image
testimonial-image

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Audio Streaming: Strategic Intelligence in real time.

  • Access a live Audio Streaming: Strategic Intelligence dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.