Wednesday, 14 September 2016
NEW YORK: Majority of online music consumers now listen on smartphones amid the boom in streaming services.
The International Federation of the Phonographic Industry (IFPI) in a 13-nation report found that 55 percent of people who listened to music on the internet did so at least part of the time on their phones with the United States leading the growth. Two-thirds of online music consumers used a computer, but the figure had declined.
The report, which surveyed 900 people in each country in March and April, found a strong correlation between smartphone use and subscriptions to streaming services. Large majorities of subscribers to Spotify and Deezer listened on their phones.
IFPI has avidly sought for music consumers to pay for streaming services, seeing subscriptions as a solid source of growth in a long-suffering industry. In its most recent annual report, the federation reported that streaming in 2015 led to the first significant increase in revenue for the music industry since the dawn of online music.
The latest findings come as smartphones become commonplace in the developed world, leading to a maturing of the once-booming market.
Source by: Internet