Not too long ago, people bought physical albums like CDs or vinyl records. Then, digital downloads became popular, allowing us to buy and store music on our devices. However, everything changed with the arrival of streaming services. 
Now, instead of owning music, we can stream it instantly from huge libraries online. For a small monthly fee or even free with ads, you can listen to music whenever you want.
This evolution has had a big impact on the music industry. Because of it, physical sales have dropped significantly, while digital revenue has become the main source of income. 

Now there are a large plethora of music streaming companies that have flooded the market with their offerings. apple with itunes, spotify and youtube with youtube music being the main competitors. safe to say, technology has made music more accessible, enjoyable and popular with the common person