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Market share distribution of music streaming in France in 2024
Market share distribution of music streaming in France in 2024
This chart presents the market share distribution of music streaming in France in 2024. That year, Spotify was the leader in the music streaming market, ahead of the French platform Deezer. In the same year, the digital music market in France confirmed its good health with a record revenue of *** million U.S. dollars.
A growing sector
The revenue from music streaming has exploded in recent years in France, rising from * million U.S. dollars before tax in 2008 to *** million U.S. dollars before tax in 2022. The French platform Deezer recorded a total revenue of million U.S. dollars in the first quarter of 2022, with the majority of its revenue coming from French users. Young working adults are the main consumers of music streaming in France. In 2022, ** percent of paying subscribers to music streaming services were aged 16 to 34.
Consumer listening habits
The interest of the French in music is growing: in 2022, ** percent of French people listened to music at least once a week, with ** percent listening daily. Although in 2022 the majority of French people mainly listened to music via audio streaming or radio, music purchases (CDs, vinyl, downloads), as well as concerts, accounted for ** percent of the French listening time. This explains why in 2022, ** percent of French people reported attending at least one concert per year on average. Another interesting fact is that vinyl sales have experienced a real rebound in recent years in France, rising from less than *** million vinyl records sold in 2015 to more than * million in 2022.
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