Music Streaming - Argentina

  • Argentina
  • The Music Streaming market in Argentina is projected to reach a revenue of €70.41m in 2025.
  • Furthermore, it is expected to demonstrate an annual growth rate (CAGR 2025-2027) of 3.50%, resulting in a projected market volume of €75.43m by 2027.
  • In comparison to other countries, United States is anticipated to generate the highest revenue in the Music Streaming market, amounting to €11,750.00m in 2025.
  • Moreover, the number of users in Argentina's Music Streaming market is projected to reach 7.2m users by 2027.
  • The user penetration rate is forecasted to be 14.2% in 2025 and is expected to increase to 15.0% by 2027.
  • Argentina's music streaming market is booming, with a surge in local artists and a growing demand for personalized playlists.

Key regions: South Korea, China, United Kingdom, France, Asia

Mercado
Región
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Moneda

Revenue

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Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Mar 2024

Fuente: Statista Market Insights

in billion EUR (€)

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Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

Most recent update: Mar 2024

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Most recent update: Mar 2024

Fuente: Statista Market Insights

Digital

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This report presents a comprehensive analysis and additional information on the Music Streaming market, in a PDF format.
Digital Music: market data & analysis - Background Digital Music: market data & analysis - Cover

Analyst Opinion

When comparing the music consumption patterns of nowadays and those of only one decade ago, it is astonishing how deeply technological progress has influenced the (digital) music market. The disruptive impact of Music Streaming services like Spotify or Apple Music not only won the battle against illegal distribution, but also broke down all frontiers and made access to all kinds of music as easy as ever. However, in order to stand out, many services are now starting to reverse this trend by investing in exclusivity – like pre-releasing new music or offering unique content such as concerts or podcasts.

Users

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Most recent update: Mar 2024

Fuente: Statista Market Insights

Demographics

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Most recent update: Mar 2024

Fuentes: Statista Market Insights , Statista Consumer Insights Global

Global Comparison

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Most recent update: Mar 2024

Fuente: Statista Market Insights

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the Digital Music market. Digital music is defined as audio content distributed to the end-user over the internet. This includes paid digital downloads of professionally produced single tracks or albums/compilations as well as subscription-based on-demand streaming services. All monetary figures refer to consumer spending on digital goods or subscriptions in the respective market. This spending factors in discounts, margins, and taxes.

Modeling approach / market size:

The market size is determined through a bottom-up approach. We use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors (e.g., user penetration, price per product, usage) to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as various macroeconomic indicators, historical developments, current trends, and reported performance indicators of key market players. In particular, we consider average prices and annual purchase frequencies.

Forecasts:

We apply a variety of forecasting techniques, depending on the behavior of the relevant market. For instance, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP per capita, consumer spending per capita, and 4G coverage.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.

Key Market Indicators

The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.

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