Spotify’s Android music client has set a new record for the most downloads. According to the GizChina portal, citing Google Play statistics, as of May 2, 2021, Spotify for Android devices has been downloaded more than 1 billion times.
Spotify has become the most downloaded music app on the Android platform. Spotify hit 500 million downloads in 2019, which means it took the app only two years to double that number.
It’s worth noting that Spotify is struggling to grow its market share by expanding the capabilities of its service. For example, the streaming service recently expanded the range of free and subscription users. He is also actively investing in the development of the podcast platform and plans to compete with Amazon Audible by publishing audiobooks. But despite the continuous improvement in the music service, some are outraged by the increase in subscription fees and the cut in payments to musicians.
Spotify expects to expand its audience this year. According to the forecasts of the service, in the second quarter of 2021 the number of active users will reach 366-373 million people per month, of which 162-166 million are those who have subscribed to a paid subscription. This will increase the total revenue to 2.16-2.36 billion euros.