Statistics Shared On Spotify Gift Cards

According to a recent report by Think Business Today, the average price of a Spotify gift card has increased significantly over the past year.

This increase in price can be attributed to the growing demand for premium music streaming services and the increasing popularity of personalized playlists on platforms like Spotify.

Another interesting trend observed is the rise of Spotify gift cards as an alternative to physical music purchases. A study by eMarketer found that 22% of millennials now prefer digital music over physical albums, and this trend is expected to continue in the coming years.