Apple Music Revenue and Usage Statistics (2022)

David Curry

Updated: May 4, 2022

iTunes and the iPod revolutionized the music industry in the early 2000s, as the hardware and software duo which popularized singles over albums and allowed users to store thousands of songs on a single device. 

That now seems quaint, but for over a decade it was the way most people listened to music. Apple held a lead over all other music players with the iPod, which was catapulted further ahead by the iPhone. 

However, Apple failed to see music streaming as the next evolution of digital music, with CEO Steve Jobs vehemently against it. Instead, for half a decade, a small Swedish developer was able to grow with hardly any serious competition. 

Spotify had already accumulated 22 million subscribers by the time Apple Music launched. It also had 68 million users on freemium accounts. YouTube had also cornered the market on music videos, another market Apple missed. 

The acquisition of Beats Electronics for $3 billion was the first sign Apple were willing to try music streaming. It closed Beats Music and launched Apple Music in June 2015, with a lot of artists coming out to support the app and several radio stations featuring artists and DJs. 

Apple Music hit the ground running with 11 million subscribers in the first year, even with criticism of the user interface. A year after launch, Apple Music received its first major redesign, fixing many of the interface issues. 

Since then, Apple Music has steadily grown into a genuine competitor to Spotify, especially in the US where it is the largest music streaming service. In Europe and South America, Spotify is still king. 

We have collected data and statistics on Apple Music. Read on below to find out more.

Apple Music key statistics

  • Apple Music made approximately $4.1 billion revenue in 2020, accounting for 7.6 percent of Apple’s total services revenue
  • 72 million people subscribe to Apple Music as of June 2020
  • Apple Music has more subscribers than Spotify in the United States, but Spotify has more in Europe and South America

Apple Music overview

Launch date 30 June 2015
HQ Cupertino, California
People Oliver Schusser (head of Apple Music), Brian Bumbery (director of publicity), Trent Reznor (creative officer)
Business type Subsidiary
Owner Apple
Industry Music streaming

Apple Music revenue

Year Revenue
2016 $0.6 billion
2017 $1.1 billion
2018 $1.8 billion
2019 $2.8 billion
2020 $4.1 billion

Note: Apple does not break out its revenue for Apple Music. This is an estimate based on total global streaming revenue, how much marketshare Apple Music has and comparisons to Spotify.

Apple services revenue

Year Revenue
2015 $19.6 billion
2016 $24.1 billion
2017 $29.8 billion
2018 $36.9 billion
2019 $46.1 billion
2020 $53.6 billion

Note: This covers all of Apple’s services revenue. To find out more about Apple services, read our Apple statistics data post.

Source: Apple

Apple Music users

Year Users
2015 11 million
2016 20 million
2017 27 million
2018 40 million
2019 50 million
2020 72 million
2021 98 million

Note: 2020 and 2021 values are estimated 

Source: Apple

Apple Music vs competitors: pay per stream

Music streaming service Pay per stream
Apple Music $0.0076
Spotify $0.0026-0.0049
YouTube $0.00067

Source: BBC

Apple Music vs Spotify: users

Apple Music FAQ

How many songs are in the Apple Music library? 

Over 70 million songs are available to stream as of February 2021

How many countries is Apple Music available in?

Apple Music is available in 167 countries

What platforms does Apple Music support?

macOS, iOS, iPadOS, tvOS, watchOS, CarPlay, HomePod, Windows, Android, Chrome OS, Amazon Echo, Sonos, and web

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