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Online Music Streaming in Australia

Publisher MarketLine
Published Dec 04, 2025
Length 36 Pages
SKU # MTLN21020458

Description

Online>Music>Streaming>in>Australia

Summary

>Online>Music>Streaming>in>Australia>industry>profile>provides>top-line>qualitative>and>quantitative>summary>information>including:>market>share,>market>size>(value>and>volume>2019-24,>and>forecast>to>2029).>The>profile>also>contains>descriptions>of>the>leading>players>including>key>financial>metrics>and>analysis>of>competitive>pressures>within>the>market.

Key>Highlights
  • The>online>music>streaming>market>includes>the>revenue>generated>from>the>streaming>of>music>online.>This>revenue>is>primarily>generated>from>two>sources:>subscription>services>and>ad-supported>streams.>Subscription>service>charges>are>generally>paid>monthly>or>annually>by>users>who>want>to>access>exclusive>content>or>avoid>ads>while>listening.>Ad-supported>streams,>on>the>other>hand,>are>free>to>use>but>display>ads>during>the>streaming>experience.
  • The>Australian>online>music>streaming>market>recorded>revenues>of>$578.7>million>in>2024,>representing>a>compound>annual>growth>rate>(CAGR)>of>10.2%>between>2019>and>2024.
  • The>subscription>services>segment>accounted>for>the>market's>largest>proportion>in>2024,>with>total>revenues>of>$509.1>million,>equivalent>to>88.0%>of>the>market's>overall>value.
  • In>2024,>the>Australian>online>music>streaming>market>experienced>an>annual>growth>of>8.0%.>The>market’s>strong>growth>is>driven>by>the>increased>number>of>internet>users.>According>to>the>World>Bank,>in>2024,>the>internet>users>in>Australia>reached>25.9>million,>up>2.2%>from>2023.>This>increase>in>internet>users>enabled>consumers>to>gain>access>to>seamless>online>music>streaming>rather>than>relying>on>physical>media>or>downloads.
Scope
  • Save>time>carrying>out>entry-level>research>by>identifying>the>size,>growth,>major>segments,>and>leading>players>in>the>online>music>streaming>market>in>Australia
  • Use>the>Five>Forces>analysis>to>determine>the>competitive>intensity>and>therefore>attractiveness>of>the>online>music>streaming>market>in>Australia
  • Leading>company>profiles>reveal>details>of>key>online>music>streaming>market>players’>global>operations>and>financial>performance
  • Add>weight>to>presentations>and>pitches>by>understanding>the>future>growth>prospects>of>the>Australia>online>music>streaming>market>with>five>year>forecasts>by>both>value>and>volume
Reasons>to>Buy
  • What>was>the>size>of>the>Australia>online>music>streaming>market>by>value>in>2024?
  • What>will>be>the>size>of>the>Australia>online>music>streaming>market>in>2029?
  • What>factors>are>affecting>the>strength>of>competition>in>the>Australia>online>music>streaming>market?
  • How>has>the>market>performed>over>the>last>five>years?
  • Who>are>the>top>competitors>in>Australia's>online>music>streaming>market?

Table of Contents

36 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments in the market?
8 Company Profiles
8.1. Spotify AB
8.2. Apple Inc
8.3. YouTube LLC
8.4. Amazon.com Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Australia online music streaming market value: $ million, 2019-24
Table 2: Australia online music streaming market category segmentation: % share, by value, 2019-24
Table 3: Australia online music streaming market category segmentation: $ million, 2019-24
Table 4: Australia online music streaming market geography segmentation: $ million, 2024
Table 5: Australia online music streaming market value forecast: $ million, 2024-29
Table 6: Spotify AB: Key Facts
Table 7: Spotify AB: Key Employees
Table 8: Apple Inc: Key Facts
Table 9: Apple Inc: Annual Financial Ratios
Table 10: Apple Inc: Key Employees
Table 11: YouTube LLC: Key Facts
Table 12: YouTube LLC: Key Employees
Table 13: Amazon.com Inc: Key Facts
Table 14: Amazon.com Inc: Annual Financial Ratios
Table 15: Amazon.com Inc: Key Employees
Table 16: Australia Size of Population (Million), 2020-24
Table 17: Australia Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 18: Australia GDP (Current Prices, $ Billion), 2020-24
Table 19: Australia Inflation, 2020-24
Table 20: Australia Consumer Price Index (Absolute), 2020-24
Table 21: Australia Exchange Rate, 2019-24
List of Figures
Figure 1: Australia online music streaming market value: $ million, 2019-24
Figure 2: Australia online music streaming market category segmentation: $ million, 2019-24
Figure 3: Australia online music streaming market geography segmentation: % share, by value, 2024
Figure 4: Australia online music streaming market value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the online music streaming market in Australia, 2024
Figure 6: Drivers of buyer power in the online music streaming market in Australia, 2024
Figure 7: Drivers of supplier power in the online music streaming market in Australia, 2024
Figure 8: Factors influencing the likelihood of new entrants in the online music streaming market in Australia, 2024
Figure 9: Factors influencing the threat of substitutes in the online music streaming market in Australia, 2024
Figure 10: Drivers of degree of rivalry in the online music streaming market in Australia, 2024

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