Statistics Shared On Spotify Gift Cards
According to recent statistics, millions of people worldwide are using Spotify gift cards to boost their music streaming experience. In the United States alone, an estimated 10% of the population (over 40 million individuals) has used a Spotify gift card at some point in time.
A report by market research firm, MarketFold, reveals that nearly 20% of the average American's monthly spending is attributed to online music streaming services. This includes not only Spotify but also Apple Music and TikTok, which have gained significant popularity among younger demographics.
The average value of a Spotify gift card in the United States is around $40-$50, although prices can vary greatly depending on the retailer and any promotional offers available. With over 500 million active users worldwide, it's no wonder that people are eager to share their love for music through the medium of gift cards.
To better understand this phenomenon, we've compiled a list of interesting statistics related to Spotify gift cards:
https://marketfold.com/news/statistics-shared-on-spotify-gift-cards/0321616/