South Africa Music Streaming Market Size & Outlook
The music streaming market in South Africa is expected to reach a projected revenue of US$ 1,525.0 million by 2030. A compound annual growth rate of 17.4% is expected of South Africa music streaming market from 2025 to 2030.
Revenue, 2024 (US$M)
$577.0
Forecast, 2030 (US$M)
$1,525.0
CAGR, 2025 - 2030
17.4%
Report Coverage
South Africa
South Africa Music Streaming Market, 2018-2030 (US$M)
Global Market
Related Markets
South Africa music streaming market highlights
- The South Africa music streaming market generated a revenue of USD 577.0 million in 2024 and is expected to reach USD 1,525.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 17.4% from 2025 to 2030.
- In terms of segment, on-demand streaming was the largest revenue generating service in 2024.
- Live Streaming is the most lucrative service segment registering the fastest growth during the forecast period.
Music streaming market data book summary
| Market revenue in 2024 | USD 577.0 million |
| Market revenue in 2030 | USD 1,525.0 million |
| Growth rate | 17.4% (CAGR from 2025 to 2030) |
| Largest segment | On-demand streaming |
| Fastest growing segment | Live Streaming |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On-demand Streaming, Live Streaming |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.2% of the global music streaming market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE music streaming market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,968.0 million by 2030.
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Publish Date: Mar 24, 2025
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Music Streaming Market Scope
Music Streaming Market segmentation & scope
Music Streaming Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amazon.com Inc | View profile | 1,525,000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | www.amazon.com |
| Apple Inc | View profile | 161,000 | One Apple Park Way, Cupertino, CA, United States, 95014 | www.apple.com |
| Tencent Music Entertainment Group ADR | View profile | 5,185 | Kexing Science Park, Kejizhongsan Avenue, Unit 3, Building D, Hi-Tech Park, Nanshan District, Shenzhen, China, People's Republic of, 518057 | www.tencentmusic.com |
| SoundCloud | View profile | 251-500 | Berlin, Berlin, Germany, Europe | www.soundcloud.com |
| iHeartMedia Inc | View profile | 10,800 | 20880 Stone Oak Parkway, San Antonio, TX, United States, 78258 | www.iheartmedia.com |
| YouTube | View profile | 1001-5000 | San Bruno, California, United States, North America | www.youtube.com/ |
| Spotify | View profile | 10001+ | Stockholm, Stockholms Lan, Sweden, Europe | www.spotify.com |
| Deezer | View profile | 501-1000 | Paris, Ile-de-France, France, Europe | www.deezer.com |
| TidalHealth | View profile | 101-250 | Salisbury, Maryland, United States, North America | www.tidalhealth.org/ |
South Africa Music Streaming Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Music Streaming Market Outlook will help companies and investors design strategic landscapes.
On-Demand Streaming was the largest segment with a revenue share of 83.4% in 2024.
Horizon Databook has segmented the South Africa music streaming market based on on-demand streaming, live streaming covering the revenue growth of each sub-segment from 2018 to 2030.
- South Africa Music Streaming Market Service Outlook (Revenue, USD Million , 2018-2030)
- On-demand Streaming
- Live Streaming
- South Africa Music Streaming Market Platform Outlook (Revenue, USD Million , 2018-2030)
- Apps
- Browsers
- South Africa Music Streaming Market Content Type Outlook (Revenue, USD Million , 2018-2030)
- Audio
- Video
- South Africa Music Streaming Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Individual
- Commercial
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa Music Streaming Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Africa Music Streaming Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Africa Music Streaming Market, 2018-2030 (US$M)
South Africa music streaming market statistics, by service, 2018-2030 (US$M)
