Business Idea: Start A Music Streaming App in 2024
Music streaming apps allow the consumption of audio content in different formats. The global music streaming market recently recorded a CAGR of 14.7%, and experts project it will reach $29.45 billion in the next few years.
The rising penetration of digital platforms and the growing use of smart devices are some factors boosting the market growth. Therefore, developing a music streaming app in 2024 can be a great chance to make money.
Revenue & Profitability
How much do music streaming apps make?
- On average, successful music streaming apps report $1.21M/year in revenue.
- 100% of music streaming apps report being profitable.
Startup Costs
How much does it cost to start a music streaming app?
- It can cost as low as $1,000 to start a music streaming app.
- It can cost as high as $10,000 to start a music streaming app.
Learn more about the costs of a music streaming app.
Examples Of Successful Music Streaming Apps
Successful music streaming app businesses and case studies
Streamloots is a marketplace where viewers can buy real-time interactions with live streamers, allowing content creators to monetize their audiences and earning over $1M in just the last quarter with a community of more than 12K active streamers.
Discover how Amman Ahmed turned a $50 investment into a $9.6 million/year business by creating soothing audio tracks for pets on YouTube, Spotify, and more, with only $5,000 spent on marketing over the years.
See full list of successful music streaming apps.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
