Looking at the popularity of Apple Music, Spotify and YouTube Music’s end-of-the-year lists, streaming obviously is winning big time. Here’s something to consider: Luminate, the data firm behind Billboard charts, reported that listeners in the US have racked up over one trillion streams so far in 2022. It’s a record-breaking figure.
That one trillion figure increased by 11.9 billion compared to 2021, when the full-year tally for music audio streams in the US was 988.1 billion. The newly-published figure is also 7x more than the number of music audio streams achieved in the US in 2015, when 142.9 billion were recorded in the world’s largest recorded music market.
Is one trillion streams big enough? Luminate has said that music listeners have spent roughly “960,000 years streaming music” in the market in 2022.
The pandemic caused a shift within the music streaming market because with people staying home, most turned to music. As a result of this growth, the music streaming market size increased to $30.33 billion in 2022, reaching a total of 776.2 million users.
Luminate has also highlighted the top five songs in the United States across streaming platforms — As It Was by Harry Styles, Heat Waves by Glass Animals, Wait For U by Future, Super Gremlin by Kodak Black, Me Porto Bonito by Bad Bunny and Chencho Corleone.
