7. Apple’s iTunes Store Is The Largest Music Retailer In The World
Although the number of people who buy music online declines every year, the people who continue to purchase music are inclined to do so from iTunes. In 2012, it was revealed that the iTunes Store had a 64% share of the online music market, and a 29% share of all music sales globally. In 2014, Apple announced more than 35 billion songs had been sold through iTunes. As of today, the iTunes Store faces close competition from competitors like Amazon Music, who recently overtook them as the UK’s biggest music retailer.
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