Skip to main content

5 Key Spotify User Statistics to Keep on Replay

As with any online service, Spotify's true value may lie with its monthly active users. Here's a few things you should know about Spotify's user-base before you decide to invest in the streaming platform.

Now that Spotify (SPOT) has finally had it's IPO and opened at $165.90, there are more than a few things new investors will want to keep in mind before putting money behind the music-streaming service:

    Forty-four percent of Spotify's 159 million monthly active users use the service daily. 

    Average daily usage among those users clocks in at 49 minutes.

    Seventy-two percent of users are under the age of 34.

    Premium subscriptions grew 46% to 71 million in 2017.

    Spotify aims for 92 to 96 million premium subscriptions by the end of 2018. 

    Will you be streaming the stock? 

     Check out more of our best videos over on YouTube