Canalys: Asia to lead growth for smart speaker install base in 2019

Research firm Canalys has released a new report with projections for smart speaker sales this year. It anticipates that the global install base for the product category will increase 82.4% from 114 million units in 2018 to 207.9 million units in 2019. The company forecast that smart speakers would have a larger audience than tablets by 2021. Continue Reading

WSJ says Apple Music has more U.S. subscribers than Spotify

Apple Music may have outpaced Spotify in paid subscription listeners in the United States. That’s the latest report from the Wall Street Journal, citing unnamed sources familiar with the figures. Even if the numbers cited by WSJ are accurate, Spotify’s total footprint is still larger than Apple’s in the United States and on a global scale. Continue Reading

IFPI global music report shares major milestones for digital and streaming

The report found that the global recorded music market reached revenue of $19.1 billion. That figure grew 9.7% over 2018, marking a fourth consecutive year of growth and the highest rate since the IFPI began tracking the metric in 1997. Digital sources accounted for 58.9% of the international total, or $11.2 billion. It was the first year that digital formats surpassed $10 billion in revenue. Continue Reading