Deezer , France ’s largest music streaming service , aims to show that there is room for others in the sector . Spotify dominates with close to 40pc, while Apple Music has around 17pc and Amazon around 10pc. Hans - Holger Albrecht , Deezer ’s London office CEO , said the flotation of Spotify on the New York Stock Exchange earlier this year for $ 30bn helped to crystallise the value of the market , which some said could reach $ 60bn , despite the traditional music industry never exceeding $ 20bn . Deezer ’s differentiator is local ##ization ; it has had success in eastern Europe and Brazil as well as in Germany and Austria , where it is the most popular music - streaming service .
Deezer , France ’s largest music streaming service , aims to show that there is room for others in the sector . Hans - Holger Albrecht , Deezer ’s London office CEO , said the flotation of Spotify on the New York Stock Exchange earlier this year for $ 30bn helped to crystallise the value of the market , which some said could reach $ 60bn , despite the traditional music industry never exceeding $ 20bn . Deezer ’s differentiator is local ##ization ; it has had success in eastern Europe and Brazil as well as in Germany and Austria , where it is the most popular music - streaming service .