This mirrors expectations from another analyst firm, Parks Associates, which predicts streaming music subscribers to triple by 2017.

The reports also show that Spotify is currently dominating the streaming music market. The service currently accounts for just shy of one-third of on-demand music subscribers around the world, according to ABI. French service Deezer, South Korean service MelOn, and Rhapsody account for large portions of the market as well.

From the article, "Streaming Music Subscribers to Reach 29 Million This Year" by Sean Patterson.

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