By the end of 2023, the value of the music streaming market will grow by 10-15%. Last year, InterMedia estimated the volume at 5-7 billion rubles; according to the agency, it fell year-over-year by 30-50%.
With the departure of foreign services, ecosystems become a point of growth: with their development, the statistics of streaming subscribers are also increasing, Sergei Babich, producer of the Colisium International Music Forum, told Kommersant. The company estimated the market outlook for the end of the year at 20-25%.
The growth of the market will be slowed down by pirated applications, with the help of which you can listen to tracks that are not available on legal services, as well as services that allow you to subscribe to Spotify and Apple Music that have stopped working in Russia. .
Author:
karina pardaeva
Source: RB
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