The debate about whether or not Spotify is a threat to Pandora continues, but recent research suggests the latter still has a large lead.
Spotify’s audience skews much younger than Pandora’s. nearly two-thirds of US Spotify users were between the ages of 13 and 29, with 18- to 24-year-olds accounting for the largest share.
Digital music revenues worldwide grew at a more modest pace of 4.3%, totaling $5.87 billion and accounting for 39% of global music revenues.
eMarketer estimates there will be 159.8 million digital radio listeners in 2014, and that figure will grow to 183.4 million in 2018.
eMarketer estimates that 147 million internet users will listen to such content at least monthly this year, or roughly six in 10 internet users.
More than one in five Americans will listen to music on their mobile phones this year.
People are spending more and more of their time with their mobile phones and a significant amount of that time is devoted to music.