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Although it still seemedoneWhile the long-standing position of streaming music service Spotify is relatively unshakable, it seems that the company should slowly start to worry about its place in the spotlight. According to the latest news, first published by the daily Wall Street Journal, it looks like he will have to give up his place to the competition much sooner than we would probably expect.

According to the report, which cites "people in the record industry," Spotify's subscriber growth compared to Apple Music noticeably slow. While the user base is growing Apple Music increases by about 5% per month, Spotify grows by less than half. A two percent increase in the long term means only one thing – an unsustainable position and a fall from the limelight. And this scenario will soon come true in the USA. If the experts' calculations are accurate and this scenario actually comes true, it will overtake Apple Music competitor Spotify this summer.

Apple Music should currently have 36 million subscribers, which is 6 million more than last September. Unfortunately, it is not clear how many of these subscribers live in the US. Competitor Spotify boasts around 70 million subscribers, but the number of users from the US is also unclear. Although the gap is quite significant, it is slowly but surely narrowing.

Bad news for investors

The fact that the spacing between Apple Music and Spotify is slowly shrinking, could have quite unpleasant consequences for Spotify. The company recently announced that it is going public, and this fact could discourage its potential investors. A company that is an undisputed leader in its industry has much more to offer than one that is breathing on the back of a competitor that has a hugely powerful Apple.

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