Many music streaming apps, Spotify and Apple Music, are currently dominating the market. Google has also been pushing YouTube Music since the end f Play Music, and it seems like those efforts are paying off. YouTube Music is now the fastest-growing music-streaming app in Western markets.
It is still has a modest 8% share of the market compared to Spotify’s 31% and Apple Music’s 15%. It’s slowly but surely getting there, though, especially since it was the only app out of the three to significantly increase its market share during that period. Two services only available in China — Tencent Music Entertainment and NetEase Cloud Music — account for 18% of the worldwide streaming market and added 35.7 million users during the 12 months studied.