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    India Music Streaming Market

    ID: MRFR/ICT/59142-HCR
    200 Pages
    Aarti Dhapte
    September 2025

    India Music Streaming Market Research Report By Service (On-demand Streaming, Live Streaming), By Platform (Apps, Browsers), By Content Type (Audio, Video) and By End-use (Individual, Commercial) - Forecast to 2035

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    India Music Streaming Market Infographic
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    India Music Streaming Market Summary

    The India Music Streaming market is projected to experience substantial growth from 4.2 USD Billion in 2024 to 18.2 USD Billion by 2035.

    Key Market Trends & Highlights

    India Music Streaming Key Trends and Highlights

    • The market is expected to grow at a compound annual growth rate (CAGR) of 14.26 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 18.2 USD Billion, indicating robust expansion.
    • In 2024, the market is valued at 4.2 USD Billion, reflecting the current demand for music streaming services in India.
    • Growing adoption of digital payment methods due to increased smartphone penetration is a major market driver.

    Market Size & Forecast

    2024 Market Size 4.2 (USD Billion)
    2035 Market Size 18.2 (USD Billion)
    CAGR (2025-2035) 14.26%

    Major Players

    Resso, iTunes, Apple Music, Spotify, JioSaavn, Wynk Music, Tidal, MX Player, Hungama Music, Paytm Music, SoundCloud, Amazon Music, Gaana, YouTube Music, Boomplay

    India Music Streaming Market Trends

    The India Music Streaming Market is experiencing rapid growth driven by several key market drivers. One of the primary drivers is the increasing penetration of smartphones and affordable internet data plans across the country. This has led to a significant rise in the number of internet users, with a large portion of the population accessing music streaming platforms for entertainment.

    Additionally, the youth demographic in India, who are more inclined to consume digital content, is fueling the demand for music streaming services. As a result, platforms are capitalizing on this trend by offering localized content, catering to regional tastes and languages, which adds to the diversity of music available.Amidst these developments, opportunities to be explored include the expansion of partnerships with local artists and content creators. This collaboration can enrich the platform's catalog and enhance user engagement.

    Investing in regional and indie music can also help streaming services capture niche audiences that may be underserved by mainstream offerings. Furthermore, innovations in AI and machine learning are providing opportunities for music streaming platforms to personalize user experiences, enhancing listener satisfaction and loyalty. In recent times, trends in the India Music Streaming Market show a shift towards subscription-based models as more users appreciate ad-free experiences and exclusive content.

    The success of premium offerings also indicates consumers’ willingness to invest in quality music experiences. Live streaming performances and concerts are gaining popularity, allowing fans to connect with their favorite artists in real-time, adding another layer to the music consumption experience in India. With the ongoing changes in consumer behavior and preferences, the music streaming landscape in India continues to evolve, offering new avenues for growth and development.

    Market Segment Insights

    India Music Streaming Market Segment Insights

    India Music Streaming Market Segment Insights

    Music Streaming Market Service Insights

    Music Streaming Market Service Insights

    The India Music Streaming Market is experiencing a remarkable transformation, with the Service segment taking center stage due to its pivotal role in delivering music to a vast audience. This segment houses various modes of accessing music, particularly On-demand Streaming and Live Streaming, which attract millions of users across the country. On-demand Streaming has surged in popularity, allowing users to access millions of tracks at their convenience, and it has quickly become a preferred choice for music enthusiasts.

    The convenience of creating personalized playlists and discovering new music through curated suggestions has offered a dynamic listening experience, catering to the evolving preferences of the Indian audience.

    This mode has been particularly significant in a diverse country like India, where music varies greatly by region, culture, and language.Live Streaming, on the other hand, brings an interactive experience that enhances user engagement, allowing fans to connect with their favorite artists in real-time. It has gained traction especially during the pandemic, as online concerts and music festivals offered a viable alternative to live performances, enabling artists to reach broader audiences without the limitations of physical venues. This modality provides opportunities for monetization through ticket sales, sponsorships, and brand collaborations, benefiting both artists and streaming platforms.

    As mobile penetration increases in India, supported by affordable data plans and advanced technology, the Service segment of the India Music Streaming Market is poised for significant growth. The rising influence of social media platforms serves as a catalyst for music discovery, enabling users to share and promote their favorite tracks, further driving demand for more versatile streaming services. Increased engagement metrics indicate a desire for innovation in features such as high-resolution audio streaming, exclusive content releases, and artist-integrated experiences, prompting service providers to continually enhance their offerings.

    Music Streaming Market Platform Insights

    Music Streaming Market Platform Insights

    The Platform segment of the India Music Streaming Market plays a pivotal role in shaping how consumers access music content. With the increasing smartphone penetration in India, music streaming applications have become immensely popular, facilitating easy access to vast libraries of songs for users on-the-go. Such apps often incorporate user-friendly interfaces and personalized recommendations, effectively enhancing user experience and engagement. Simultaneously, browser-based platforms offer flexibility for users who prefer streaming music via desktop or laptop devices during work or leisure time.

    These platforms cater to a diverse demographic, enabling music access across various socio-economic strata. The rise of regional music and local content is also reshaping user preferences, prompting many platforms to adapt and innovate new features to retain their audience. Moreover, the growing trend of social media integration within these platforms allows users to share their music tastes easily, fostering a community around musical experiences. Overall, this segment is significant as it continuously adapts to technology trends and consumer behavior, driving the growth of the India Music Streaming Market.

    Music Streaming Market Content Type Insights

    Music Streaming Market Content Type Insights

    The India Music Streaming Market is experiencing robust growth, driven by diverse content types, specifically Audio and Video. Audio content remains a dominant force in the market, appealing to a vast audience that values convenience and on-the-go access to music. This segment supports a wide range of genres and regional music, catering to India's diverse cultural landscape. The significance of Video content in the music streaming domain cannot be overlooked, as it offers artists a dynamic platform to showcase their creativity, engage with fans, and enhance their visibility.

    This dual focus on both audio and video allows for a rich user experience that enhances customer satisfaction and loyalty. India's young and tech-savvy demographic further fuels the rising demand for music streaming services, creating fertile ground for innovation and investment. With an increasing shift towards digital consumption and mobile access, the market is poised for substantial growth, highlighting the importance of continual investment in content quality and technology to meet evolving consumer preferences.

    The fragmentation of content availability also presents opportunities for niche players to cater to specific audiences, thereby enriching the overall landscape of the India Music Streaming Market.

    Music Streaming Market End-use Insights

    Music Streaming Market End-use Insights

    The End-use segment of the India Music Streaming Market plays a vital role in shaping the overall landscape of music consumption, catering to both Individual and Commercial users. The Individual segment is characterized by a growing user base, driven primarily by the increasing accessibility of smartphones and the internet, allowing users to enjoy personalized music experiences on-the-go. This segment thrives on user-centric features such as curated playlists and personalized recommendations, significantly enhancing user engagement.

    On the other hand, the Commercial segment serves businesses like cafes, retail stores, and entertainment venues, where music plays an essential role in enhancing customer experiences and creating a lively ambiance.This segment often focuses on licensing agreements and compliance with copyright laws to ensure seamless service.

    Collectively, these segments showcase the vibrant dynamics of the India Music Streaming Market, amplified by a youth-driven culture that values instant access to diverse music libraries, thereby promoting market growth and encouraging innovation. As the industry evolves, it presents opportunities for service providers to tap into various consumer preferences and to develop tailored solutions that resonate with both individual listeners and commercial establishments, further driving the uptake of music streaming services in India.

    Get more detailed insights about India Music Streaming Market Research Report- Forecast to 2035

    Key Players and Competitive Insights

    The India Music Streaming Market has experienced significant growth in recent years, driven by a surge in internet penetration, affordable data plans, and the increasing popularity of digital music consumption among diverse demographic groups. As a result, numerous platforms have entered the market, leading to an intensely competitive landscape. Companies are not only vying for user subscriptions but also striving to create unique offerings and enhance user experience. The competition spans various aspects such as catalog diversity, user interface, pricing strategies, and innovative features that cater to the evolving preferences of listeners.

    With an expanding audience that includes both urban and rural users, entities in the market must continuously adapt to stay relevant and appealing in this dynamic environment.

    Resso has carved out a strong presence in the India Music Streaming Market with its focus on a community-driven approach and social sharing features. The platform offers a unique listening experience by allowing users to create and share music videos, playlists, and insights, facilitating user engagement and interaction. This distinguishes Resso from other platforms, as it focuses not only on music playback but also on creating a social network around musical tastes and preferences. Its robust library, filled with an extensive array of regional and international tracks, resonates well with the Indian audience.

    Resso’s user-friendly interface and personalized recommendations enhance user satisfaction, thereby bolstering its growth in a competitive landscape.

    The company’s innovative strategies, including localized content and the adaptability to emerging trends, underline its strengths in gaining traction among Indian music enthusiasts.iTunes, historically a major player in the music streaming industry, maintains a significant foothold in the India Music Streaming Market through its integration with Apple's ecosystem. The platform offers a vast library of music that encompasses a wide range of genres, appealing to various consumer tastes.

    Key offerings include the ability to purchase and download music, alongside a subscription service that provides unlimited access to a large catalog. iTunes capitalizes on its established reputation and brand loyalty, bolstered further by periodic upgrades and updates to its technology and user experience. The company has also engaged in strategic mergers and acquisitions over the years, enhancing its content library and technological capabilities. Through its consistent innovation, iTunes continues to strengthen its market presence in India, appealing to both traditional music buyers and streaming enthusiasts alike.

    Key Companies in the India Music Streaming Market market include

    Industry Developments

    The India Music Streaming Market has seen significant recent developments, reflecting a growing interest from consumers and companies alike. Platforms like Spotify and Apple Music continue to expand their user bases, with Spotify reporting considerable growth in subscriptions, particularly in tier-2 and tier-3 cities as of October 2023. Resso made headlines in September 2023 by significantly enhancing its app features, focusing on user engagement through social-sharing functionalities.

    Concurrently, Gaana launched a new podcast initiative, catering to the rising demand for diverse audio content among Indian listeners in August 2023. In September 2023, a notable merger was announced involving JioSaavn and Wynk Music, aiming to strengthen their market position in a highly competitive environment. Market valuations of companies, notably Amazon Music, have surged, reflecting the increasing consumer shift towards digital audio platforms.

    In recent years, substantial activities were recorded, including the strategic partnerships between Tidal and local Indian artists in July 2022 aimed at increasing regional content. This surge indicates a vibrant marketplace as companies seek to adapt and cater to the unique preferences of Indian consumers, fostering innovation and competition.

    Market Segmentation

    Music Streaming Market End-use Outlook

    • Individual
    • Commercial

    Music Streaming Market Service Outlook

    • On-demand Streaming
    • Live Streaming

    Music Streaming Market Platform Outlook

    • Apps
    • Browsers

    Music Streaming Market Content Type Outlook

    • Audio
    • Video

    Report Scope

     

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 3.5(USD Billion)
    MARKET SIZE 2024 4.2(USD Billion)
    MARKET SIZE 2035 18.2(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 14.26% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Resso, iTunes, Apple Music, Spotify, JioSaavn, Wynk Music, Tidal, MX Player, Hungama Music, Paytm Music, SoundCloud, Amazon Music, Gaana, YouTube Music, Boomplay
    SEGMENTS COVERED Service, Platform, Content Type, End-use
    KEY MARKET OPPORTUNITIES Rising smartphone penetration, Growth in regional content, Increased internet accessibility, Younger demographics adoption, Rise of social media integration
    KEY MARKET DYNAMICS increased smartphone penetration, rising internet accessibility, diverse music preferences, affordable subscription plans, competition among streaming platforms
    COUNTRIES COVERED India

    FAQs

    What is the expected market size of the India Music Streaming Market in 2024?

    The India Music Streaming Market is expected to be valued at 4.2 USD Billion in 2024.

    What will be the valuation of the India Music Streaming Market by 2035?

    By 2035, the India Music Streaming Market is projected to reach a valuation of 18.2 USD Billion.

    What is the expected CAGR for the India Music Streaming Market from 2025 to 2035?

    The expected compound annual growth rate for the India Music Streaming Market from 2025 to 2035 is 14.26%.

    Which segment of the India Music Streaming Market has a larger valuation in 2024?

    In 2024, the On-demand Streaming segment is valued significantly higher at 2.5 USD Billion compared to the Live Streaming segment.

    What is the projected market size for On-demand Streaming by 2035?

    The On-demand Streaming segment is projected to grow to 10.8 USD Billion by 2035.

    What is the anticipated market size for Live Streaming in 2024?

    The Live Streaming segment is anticipated to reach a market size of 1.7 USD Billion in 2024.

    What will be the market size for Live Streaming by 2035?

    By 2035, the market size for Live Streaming is expected to increase to 7.4 USD Billion.

    Who are the key players in the India Music Streaming Market?

    Key players in the India Music Streaming Market include Resso, Apple Music, Spotify, JioSaavn, and YouTube Music among others.

    What are the major growth drivers for the India Music Streaming Market?

    Increasing smartphone penetration and internet accessibility are major growth drivers for the India Music Streaming Market.

    What challenges does the India Music Streaming Market face?

    The India Music Streaming Market faces challenges such as intense competition and copyright issues affecting growth.

    India Music Streaming Market Research Report- Forecast to 2035 Infographic
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