Music Streaming App

Business Idea: Start A Music Streaming App in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$101K
Avg Startup Costs
$19.4K
Score
73
Market Size
Avg Revenue
Min Revenue
$70K/month
Max Revenue
$150K/month
Avg Days To Build
135 days

Music streaming apps allow the consumption of audio content in different formats. The global music streaming market recently recorded a CAGR of 14.7%, and experts project it will reach $29.45 billion in the next few years.

The rising penetration of digital platforms and the growing use of smart devices are some factors boosting the market growth. Therefore, developing a music streaming app in 2024 can be a great chance to make money.

Revenue & Profitability

How much do music streaming apps make?

Startup Costs

How much does it cost to start a music streaming app?

  • It can cost as low as $1,000 to start a music streaming app.
  • It can cost as high as $10,000 to start a music streaming app.

Learn more about the costs of a music streaming app.

Examples Of Successful Music Streaming Apps

Successful music streaming app businesses and case studies

Streamloots is a marketplace where viewers can buy real-time interactions with live streamers, allowing content creators to monetize their audiences and earning over $1M in just the last quarter with a community of more than 12K active streamers.

$150K Monthly Revenue
Read by 11,121 founders

Discover how Amman Ahmed turned a $50 investment into a $9.6 million/year business by creating soothing audio tracks for pets on YouTube, Spotify, and more, with only $5,000 spent on marketing over the years.

$83.3K Monthly Revenue
$1K Startup Costs
Read by 7,581 founders

See full list of successful music streaming apps.