Apple Music will continue its growth trajectory, according analysts at Morgan Stanley. Over the next five years, Apple Music’s 5% market penetration will expand to 14%of a growing user base of Apple’s products, driving a 28% revenue growth. Apple Music is predicted to grow to 164 million users by 2023.
Meanwhile, iTunes download sales we decline 16% yearly, if – and according to our sources, it’s a big if – Apple keeps the download store open past 2019.
H/T Apple Insider
