[abalone]

Spotify is actually small in the world. All music service subscribers combined are a mere ~110 million.

Eddy Cue recent pegged the market opportunity at 2 billion.[1]

And Apple Music ramping the fastest.[2]

[1] https://www.cnet.com/news/apple-music-hits-38-million-subscr...

[2] https://twitter.com/asymco/status/973568200616050688?ref_src...

[KozmoNau7]

Comparing Spotify to other streaming services, obviously.

Apple music is basically a no-show in Europe and Asia.

And those numbers are only paid subs. Spotify has a ton of free, ad-listening users.