Spotify Premium Subscribers Continue to Grow Through Q2 2022

Technology & Telecommunications

Lite

Vika Azkiya Dihni 03/08/2022 09:50 WIB

URL has been copied

Memuat...

Citing the company's financial report, the number of Spotify premium subscribers reached 188 million in the second quarter of 2022.

Number of Spotify Premium Subscribers (Q2 2021 - Q2 2022)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Spotify Premium Subscribers Continue to Grow Through Q2 2022

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Number of Spotify Premium Subscribers (Q2 2021 - Q2 2022)

Download

Source

A Small Font
A Medium Font
A Bigger Font

The number of paying customers or premium subscribers to the music streaming application, Spotify, has continued to increase.

Citing the company's financial report, the number of Spotify premium subscribers reached 188 million in the second quarter of 2022.

This figure is up 3.3% from the first quarter of 2022 (quarter-on-quarter/qoq). Compared to the first quarter of 2021 (year-on-year/yoy), Spotify premium subscribers grew by 13.9%.

By region, Europe leads with 39% of Spotify's premium subscribers. North America follows with 29%.

Latin America accounts for 21% of Spotify's premium subscribers, and the remaining 12% are from other parts of the world.

Not only are premium subscribers increasing, but Spotify's monthly active users also grew by 19% year-on-year (yoy) to 433 million by the second half of this year.

Meanwhile, the number of ad-supported Spotify monthly active users was recorded at 256 million in the second quarter of 2022, a 22% (yoy) increase.

With these achievements, Spotify recorded revenue of €2.86 billion, a 23% (yoy) increase in the second quarter of 2022. This breaks down to €2.5 billion in premium revenue and €360 million in ad-supported revenue.

(Also Read: Indonesia, the Country with the Saddest Spotify Playlists)

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."