Similar to other up-to-date apps, mobile apps have made listening to music simple. So, it should not seem a secret that over 85% of people use streaming apps for listening to music.
By 2020, the music platforms have made a revenue of $16,632 million, with an expected annual growth rate of 5.8% in 2024.
Given this dynamic, the idea of building a music app is awesome for startups. In the article, we are going to discuss the top players of the industry, features, the main stages of development, technical stack, etc. Read on!