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Spotify: A Strategic Analysis of a Digital Music Streaming Industry Leader

2024
  • 0
    Citations
  • 4,050
    Usage
  • 0
    Captures
  • 0
    Mentions
  • 0
    Social Media
Metric Options:   Counts1 Year3 Year

Metrics Details

Thesis / Dissertation Description

Spotify (Spotify Technology S.A) is a digital music streaming platform headquartered in Stockholm, Sweden. Offering music, podcasts, and audiobooks, Spotify is the leading digital music streaming platform with over 30% of the market share. Spotify bases their business model on user growth and experience, content acquisition and expansion, monetization, and partnerships and collaborations. Spotify’s main focus is to differentiate themselves through a personalized user experience, offering music and podcast recommendations based on listening history. This analysis looks to understand Spotify’s growth and business strategy within a competitive industry, through the use of a PESTEL analysis, Porter’s Five Forces Analysis, evaluating Spotify’s strategy and major objective, competitive advantages, resources leading to a sustainable competitive advantage, and challenges facing the company in future years.

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