The impact of TikTok in the music industry is something recognized by leading industry experts, helping to create trends and directly impacting the 'rankings' of the most listened to songs around the world.
As noted Business Insider, this fact is being seen as a sign that a service may emerge to directly rival the Spotify and Apple Music.
Naturally, this hypothesis is not speculation for now but, taking into account the relevance and popularity of TikTok in the music industry, it is clear that this was an idea that could come to fruition.
