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Apple announced a new music streaming service on Monday called iTunes Radio, and although the company is already is a huge player in the digital music space, it will now go head-to-head with a whole slew of web radio leaders.

iTunes Radio is most similar to Pandora, allowing users to create custom radio stations based on songs and artists, while also discovering new music through “featured” radio stations. Although it’s free for iTunes users, iTunes Radio will feature ads for those who are not iTunes Match subscribers.

Other companies such as Google and Xbox have had their sights set on Internet radio, too. In fact, just last month, Google announced its own streaming music platform — Google Play Music All Access. The Swedish-based Spotify, which launched in 2008 and came to the U.S. in 2011 — also has a radio service that serves its 24 million monthly active users and 6 million paying subscribers.

With 20 million licensed songs, Spotify actually beats out Pandora, Slacker and iHeartRadio in terms of its library, but trails behind Xbox Music’s database of 30 million songs. Pandora is the clear adoption leader with 70 million monthly active users and 200 million registered users, but that doesn’t mean Apple can’t catch up.

Here’s a look at how the new iTunes Radio stacks up against others. Check out the full chart here –> [Mashable]

iTunes Radio
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Xbox Music
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Google Play Music All Access
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Pandora
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Spotify
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Slacker
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iHeartRadio
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Users N/A Unknown Unknown 70 million 20 million 4 million 48 million
Launched 2013 2012 2013 2005 2008 2007 2008
Custom Stations Yes Yes Yes Yes Yes Yes Yes
Free Version YesAds, skipping unknown YesLimited skips, ads YesLimited skips YesLimited skips, ads, reduced quality YesAds, limited listening time, unlimited skipping YesAds, limited skipping YesFifteen combined skips per day, six per hour per station
Paid Tiers No ads for iTunes Match subscribers, $24.99/year $9.99/month for unlimited skipping and offline listening; 30-day free trial $9.99/month for unlimited skipping and offline listening; 30-day free trial $36/year or $3.99/month for no ads, higher quality audio (192K bits for second), fewer interuptions $4.99/month for no ads. $9.99/month lets you use all devices, no ads, unlimited skipping $3.99 ad-free, $9.99 custom playlists and full on-demand streaming No paid tiers
Track Rating Yes Yes Yes Yes Yes Yes Yes
Library Size Unknown 30 million Unknown 1 million 20 million 13 million 15 million
Stations Custom and curated stations Custom stations Custom and curated stations Custom stations Custom stations, on demand Custom and curated stations, 750 terrestrial stations, live talk radio, on demand Custom, 1,500 Live Stations
Social Integration Yes Yes Yes Yes Yes Yes Yes
Apps iOS (iPhone, iPad, iPod Touch and Apple TV), iTunes on Mac and PC Windows Phone, apps for Android and iOS expected soon Android, coming soon to iOS iOS, Android, Windows Phone, BlackBerry iOS, Android, Windows Phone, BlackBerry, S60 (Symbian), Windows Mobile iOS, Android, Windows Phone, BlackBerry iOS, Android, Windows Phone, BlackBerry