How many people use SoundCloud in 2023?

Audio streaming platforms solicited a massive amount of following in the past years.

More and more users and artists alike are drawn to open audio platforms like SoundCloud to share their love and interest for music.

Listeners, creators, and curators have come together to make the Swedish audio entertainment hub to become the world’s biggest music streaming service provider.

In this article, we will give you a glimpse of how many people use SoundCloud in 2023, as well as some financial statistics.

How Many People Use SoundCloud in 2023?

Just how many people use SoundCloud in 2023?

Since listeners can access music on the platform without creating an account, it was reported that the Berlin-based music streaming company has over 175 million people who use the application once a month, and more than 76 million of these are registered users with accounts.

According to SoundCloud’s latest statistics, it managed to have its first profitable period in the third quarter of 2020.

In the previous year, the entity was able to generate $166.00 million in sales revenue, rising by 53.00% year-over-year.

It was also the year that the business hit more than $100.00 million for the first time since it was launched in October 2008.

SoundCloud’s Number of Users from 2012 to 2019

In 2018, research was conducted in order to find out the user base of the platform.

Researchers were able to establish that 35.00% of SoundCloud’s listeners are aged between 18 and 35, covering university students and professionals.

The following are the number of listeners on the music streaming app with registered accounts. 

• 2012 – 15 million registered users
• 2013 – 40 million registered users
• 2014 – 85 million registered users
• 2015 – 150 million registered users
• 2018 – 85 million registered users
• 2019 – 76 million registered users

Number of SoundCloud’s Monthly Listeners from 2012 to 2017

This list consists of the music streaming site’s monthly listeners with or without a registered account.

Note that SoundCloud last updated this data in 2017.

• 2012 – 125 million monthly listeners
• 2013 – 200 million monthly listeners
• 2014 – 275 million monthly listeners
• 2015 – 250 million monthly listeners
• 2016 – 200 million monthly listeners
• 2017 – 175 million monthly listeners

Music Creators on SoundCloud from 2018 to 2020

As SoundCloud hit its popularity, it started to monetize content in 2018 through the monetization program called SoundCloud Premier, wherein musicians can be paid by uploading their music on the platform.

Hence, creators began to swarm the streaming site since then.

• 2018 – 20 million music creators
• 2019 – 22 million music creators
• 2020 – 25 million music creators

Number of Music Tracks on SoundCloud from 2015 to 2016 and from 2019 to 2020

According to the company, the following figures are the number of musical tracks uploaded to the streaming site by registered users.

Yet, the entity did not provide the data between 2017 and 2018.

• 2015 – 100 million music tracks
• 2016 – 125 million music tracks
• 2019 – 180 million music tracks
• 2020 – 200 million music tracks

SoundCloud Percentage Traffic per Country

Here is the list of geographic locations of SoundCloud’s core audience over the previous month.

According to the reported statistics, the country that sends the most traffic to the music streaming site is the United States.

• United States – 27.93 percentage of traffic
• United Kingdom – 5.51 percentage of traffic
• Germany – 5.07 percentage of traffic
• France – 3.29 percentage of traffic
• Canada – 3.26 percentage of traffic

Financial Statistics:

At this point, this article has given you pretty interesting data on SoundCloud’s user information.

Now, let us dive into the company’s financial situation.

SoundCloud Revenue from 2011 to 2020

The business is generating its revenue from advertising and paid subscriptions.

• 2011 – $4.00 million in revenue
• 2012 – $8.00 million in revenue
• 2013 – $11.00 million in revenue
• 2014 – $17.00 million in revenue
• 2015 – $21.00 million in revenue
• 2016 – $25.00 million in revenue
• 2017 – $81.00 million in revenue
• 2018 – $108.00 million in revenue
• 2019 – $166.00 million in revenue
• 2020 – $200.00 million in revenue

From 2016 to 2017, the entity’s revenue jumped by 80.00%, which is the most financial growth that a firm has experienced.

During this bright period, SoundCloud’s market valuation skyrocketed to $1.00 billion.

In 2020, the music streaming site became the fourth-highest revenue-earning application in Apple’s iTunes store behind Pandora, YouTube Music, and Amazon Music.

More Interesting Facts about SoundCloud’s Users

Credits: unsplash.com

You have learned some insightful statistics from one of the world’s popular streaming platforms.

At this point, we will now give you some interesting facts about SoundCloud’s listeners.

Paid SoundCloud Account

Currently, more than 76 million users have a paid SoundCloud account.

The music site is offering two different membership packages, which include SoundCloud Go and SoundCloud Go+.

The first membership plan is offering users to listen offline alongside an ad-free music experience.

Meanwhile, the second one is providing higher audio quality and exclusive access to the platform’s entire music catalog in addition to the features from the previously mentioned membership plan.

SoundCloud’s Mobile and Web Users

Over 86.00% of users are listening to music on SoundCloud from their mobile devices and more than 52.00% listen on their laptops or computers.

More than 60.00% of users find the music streaming platform through direct browser visits. Other traffic sources include web search, social media, and referrals by 17.80%, 9.50%, and 2.50%, respectively.

The average household size of most listeners is three people with 17.00% having five or more family members living in their house.

User Demographics by Gender

There is a higher percentage of men listening to SoundCloud in comparison to women, who are only 33.00%.

Time Spent on SoundCloud

The average SoundCloud listener is only spending 3 minutes and 48 seconds a day on the platform. Yet, 30.00% are frequent listeners, logging more than 11 hours a week.

Every 60 seconds, 12 hours of new music and audio are uploaded by content creators to SoundCloud.

Conclusion

How many people use SoundCloud in 2023? There are over 175 million people who use the application monthly, and more than 76 million of these are users with registered accounts. 

There is no question that SoundCloud is the world’s biggest open audio streaming community globally.

Sources