In 2023, SoundCloud, the popular music streaming and hosting platform, was estimated to have *** million users worldwide, up by **** million compared to the previous year. SoundCloud's user base has been constantly growing since 2018.

Introduction

SoundCloud Statistics: SoundCloud, founded in 2007, has established itself as a leading music streaming platform, offering a vast and diverse audio catalog. As of 2023, the platform boasts over 250 million tracks, encompassing a wide range of genres and styles. The user base has grown steadily, reaching 140 million registered users in 2023, up from 135 million in 2022.

Financially, SoundCloud generated €288 million (approximately USD 320 million) in revenue in 2023, marking an increase of €20 million from the previous year. This growth is attributed to a combination of advertising revenue, subscriptions, and direct fan support. The platform's global reach is significant, with 27% of its traffic originating from the United States, followed by the United Kingdom at 6%, and Germany at 5%.

Demographically, 63.5% of SoundCloud's audience falls within the 18 to 34 age bracket, indicating a strong appeal among younger users. Additionally, the platform serves as a launchpad for emerging artists, with over 30 million creators uploading their content as of 2021.

In recent years, more and more smartphone users have started utilizing their devices for sharing and distributing audio contents. On this respect, SoundCloud is one of the most preferred and well-known apps offering music sharing services. Airnow released a statistic showing the monthly number of downloads from the Apple App Store (including both iPhone and iPad) of the SoundCloud app in Italy from June 2019 to June 2020. According to the source, the app recorded the highest number of downloads in January 2020, when it was downloaded ****** times.

Which is the most popular music and audio app in the Google Play Store in Italy? The number of daily active users (DAU) can offer a hint. Daily active users are those who open an app and engage with it in a certain day. Data provided by Airnow show that the Spotify app was by far the one recording the highest figure. As of *************, the music streaming app registered over *** thousand Android DAU. Shazam followed in the list, with roughly *** thousand DAU, while SoundCloud, and Amazon Music ranked third and fourth, respectively. Monthly downloads of the Spotify appApart from the DAU, considering the number of downloads is another useful way to understand the popularity of an app. Between January and *********, the Spotify app’s monthly number of downloads on the Google Play Store increased overall. By contrast, the highest figure on the Apple App Store was recorded in January. In general, the number of downloads dropped remarkably during March and April, while Italy was on lockdown due to the coronavirus pandemic. Monthly downloads of Shazam, and SoundCloudShazam is a mobile app that identifies songs, TV programs, and ads based on played music samples. As well as for Spotify, the total number of monthly downloads of Shazam peaked in *********, whereas it decreased in March and April. By contrast, the downloads of the SoundCloud app - only available on the Apple App Store – remained rather steady during the months of lockdown.

The company SoundCloud's global revenue for 2023 reached *** million euros, its highest recorded revenue to date. The German audio distribution platform has seen year-on-year growth since 2011, with the last three years showing significant growth. The company generated *** million euros in revenue back in 2018.

How high is the brand awareness of SoundCloud in the UK?When it comes to digital music users, brand awareness of SoundCloud is at **% in the UK. The survey was conducted using the concept of aided brand recognition, showing respondents both the brand's logo and the written brand name.How popular is SoundCloud in the UK?In total, **% of UK digital music users say they like SoundCloud. However, in actuality, among the **% of UK respondents who know SoundCloud, **% of people like the brand.What is the usage share of SoundCloud in the UK?All in all, **% of digital music users in the UK use SoundCloud. That means, of the **% who know the brand, **% use them.How loyal are the users of SoundCloud?Around **% of digital music users in the UK say they are likely to use SoundCloud again. Set in relation to the **% usage share of the brand, this means that **% of their users show loyalty to the brand.What's the buzz around SoundCloud in the UK?In July 2022, about **% of UK digital music users had heard about SoundCloud in the media, on social media, or in advertising over the past three months. Of the **% who know the brand, that's **%, meaning at the time of the survey there's little buzz around SoundCloud in the UK.If you want to compare brands, do deep-dives by survey items of your choice, filter by total online population or users of a certain brand, or drill down on your very own hand-tailored target groups, our Consumer Insights Brand KPI survey has you covered.

In July 2021, Spotify was the leading music app for Google Play users in France based on number of daily active users (DAU), with close to *** thousand daily active users. Shazam followed, with *** thousand daily active users, while SoundCloud ranked third with more than *** thousand daily active users via the Google Play Store in France in the examined period.

This dataset encompasses streaming audio consumption from over 150,000 triple-opt-in first-party U.S. Daily Active Users (DAU). Platforms include Luminary, Google Play Books, Castbox, iHeart Radio, Pocket Casts, Spotify, YouTube, YouTube Music, Pandora, SoundCloud, Amazon Prime Music and Apple Music.

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Vocal Processors Market Outlook

The global vocal processors market size reached approximately USD 350 million in 2023, and it is projected to grow at a CAGR of 6.8% from 2024 to 2032, reaching a forecasted value of USD 620 million by 2032. This steady growth is driven by various factors, including technological advancements in audio processing, the rising popularity of home studios, and an increase in live music performances and virtual events. As digital transformation continues to permeate the music industry, vocal processors have become indispensable tools for both amateur and professional musicians seeking to enhance their vocal performances.

A significant growth factor in the vocal processors market is the continuous advancement in digital signal processing (DSP) technology. Modern vocal processors are now capable of providing sophisticated effects such as pitch correction, harmonizing, and looping, which were once only achievable in high-end studio environments. This development has democratized high-quality vocal processing, making it accessible to a wider range of musicians and performers, thus expanding the market base. Furthermore, as AI and machine learning become more integrated into audio technology, vocal processors are becoming more intuitive and user-friendly, which is attracting even non-technical users.

The increasing popularity of independent music production is another driving factor for the vocal processors market growth. With the rise of platforms like YouTube, SoundCloud, and other social media platforms, an increasing number of musicians are choosing to produce and distribute their music independently. This trend has led to a surge in demand for affordable yet professional-grade audio equipment, including vocal processors. The flexibility and affordability of vocal processors allow independent artists to produce high-quality music without the need for expensive studio time, further fueling market expansion.

Moreover, the growing trend of live streaming and virtual performances has also contributed to the demand for vocal processors. As more artists turn to online platforms to reach their audiences, the need for equipment that can deliver professional sound quality in real-time has intensified. Vocal processors with features tailored for live performance settings, such as real-time effects and easy integration with other audio equipment, are particularly in demand. This shift in performance dynamics is expected to continue driving the market forward.

Regionally, North America is expected to maintain its dominance in the vocal processors market, attributed to the high concentration of music production facilities and a large number of professional musicians. However, the Asia Pacific region is anticipated to witness the fastest growth rate, driven by the increasing adoption of Western music trends and a burgeoning entertainment industry. The growing number of music festivals and live events in countries like China, India, and South Korea presents significant growth opportunities for the vocal processors market in this region.

Product Type Analysis

In the vocal processors market, product type plays a critical role in defining user preferences and market dynamics. Rackmount vocal processors are favored in professional settings, offering extensive connectivity options and higher processing power. These are typically used in recording studios and broadcasting environments where space and integration with other rack-mounted equipment are essential. Their robust design and high-quality output make them the go-to choice for professional sound engineers and producers looking for reliability and precision in vocal processing. This segment, while niche, remains integral to the market, especially in commercial studios.

Pedal vocal processors, on the other hand, cater primarily to live performers and musicians who require portability and ease of use. These devices are designed to be compact and efficient, allowing performers to control and modify vocal effects during live performances with their feet, leaving their hands free for playing instruments. The convenience and versatility offered by pedal processors make them extremely popular among solo artists and bands, contributing to a steady demand in this segment. As live performances and gigs continue to grow globally, the pedal vocal processors segment is expected to see sustained growth.

Desktop vocal processors represent a segment that bridges the gap between professional and amateur use. These units offer a blend of high-end features and user-friendly interf

The statistic displays the estimated monthly users of the most popular audio streaming websites in the Netherlands as of July 2018 (in thousand users). As of July 2018, Spotify was the most popular audio streaming website in the Netherlands. Spotify was estimated to have close to 5 million monthly users in the Netherlands in 2018, while Soundcloud was estimated to have just over one million monthly users in the same year. The overall number of Spotify users in the Netherlands was forecast to reach 6.2 million in the first quarter of 2018, with roughly 3.3 million users being paid users.

In 2019, global music industry revenues are expected to reach around 26 billion U.S. dollars in total, increasing by more than five billion dollars in the past five years. Digital music streaming has rapidly become the industry’s biggest revenue generator, accounting for over half of all revenue. The importance of physical sales and digital music downloads is expected to decrease further in the coming years while even more of the market’s revenues shift into streaming.

Streaming music

The growing popularity of music streaming subscriptions is especially evident when looking at the monthly active user count of some of the industry’s top services. As of 2018, both Spotify and Apple Music were nearing 50 million monthly active users, while services such as Pandora and SoundCloud reported numbers of well over 30 million.

Music industry

Although consumption habits have changed dramatically over the years, music has remained a crucial element of the entertainment industry around the world. In addition to recorded music, which accounts for the majority of the industry’s income, live music revenues amount to over ten billion U.S. dollars annually. Some of the world’s top selling artists such as Madonna and Elton John have certified sales in the hundreds of millions, further demonstrating the widespread appeal and influence of the industry and its artists.

The most successful music streaming service in the United States was Apple Music as of September, with the most up to date information showing that 49.5 million users accessed the platform each month. Spotify closely followed, with a similarly impressive 47.7 million monthly users.

What is a music streaming service?

Music streaming services provide their users with a database compiled of songs, playlists, albums and videos, where content can be accessed online, downloaded, shared, bookmarked and organized.

The music streaming business is huge, and has sometimes been lauded as the savior of the music industry. The biggest two services are in constant competition for the monopoly of the market. Apple Music was launched in 2015, whereas Spotify has been around since 2008. Other popular streaming services include Deezer, SoundCloud and iHeartRadio.

Do artists make a lot of money from streaming services? 

In short, unfortunately not. Both Apple Music and Spotify have been frequently criticized for the tiny royalty payments they offer artists. Particularly for emerging talent, streaming services are far from a lucrative source of income. Bigger, established stars like Taylor Swift are more likely to regularly make a good amount of money this way. But either way, a track needs to go viral or be streamed several million times before it earns any real cash.

This statistic shows the answers to a survey question on which illegal channels are used for music consumption in the Netherlands in 2017. The most popular method used among respondents was ripping content from platforms such as YouTube, Spotify or Soundcloud. The use of dedicated devices with pre-installed links to stream music from illegal sources was less common than downloading and streaming without such devices.

The Netherlands' most popular music streaming service is Spotify. The total number of Spotify users (free and paid) was going to reach 6.2 million in the first quarter of 2018.

As of November 2020, Spotify was the most popular music app among iPhone users in Sweden, with approximately ** thousand downloads, according to Airnow. Second came SoundCloud, with nearly ** thousand downloads.

During a survey fielded in Argentina in 2022, ** percent of responding internet users said they used YouTube to listen to music online. Other popular platforms included Spotify and SoundCloud.