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Number Of Music Streaming Subscribers To Triple By 2017

The number of music streaming subscribers will grow almost threefold from 2012 to 2017. New digital audio research from Parks Associates predicts the number of music streaming subscribers worldwide will reach 15 million by 2017, and the number of connected audio products will nearly double between 2013 and 2017. Analysts report a strong correlation between the growing penetration of net-worked audio products, including wireless speakers, speaker docks, multi-room digital music systems, and music service subscriptions via Rhapsody, Pandora, Rdio, Spotify, and others.