Top 5 Music and Podcasts Apps in Panama - Q1 2022

In Q1 2022, the top 5 music and podcast apps in Panama exhibited diverse performance trends across weekly downloads, revenue, and active users. Below is a detailed analysis of each app's performance.

Spotify: Music and Podcasts experienced a steady increase in weekly revenue, peaking at approximately $162 in the week of March 7. Weekly downloads fluctuated throughout the quarter, with a high of around 7.3K in mid-March and a low of about 5.3K at the end of February. Active users remained relatively stable, averaging around 470K to 490K, with a slight peak in mid-March reaching 489K.

YouTube Music from Google LLC saw consistent weekly revenue, with highs of $1.9K at the end of February. Downloads varied, starting the quarter at roughly 3.4K and reaching a peak of about 3.7K in mid-March. The app's active users showed a gradual increase from 150K to around 160K by the end of the quarter.

Shazam: Find Music & Concerts by Apple Inc. maintained stable weekly revenue, averaging $4 to $5. Downloads showed a slight decline from 2.7K at the start of the quarter to around 2.1K in early March, before picking up again to approximately 2.3K by the end of March. Active users remained fairly consistent, averaging between 90K to 95K throughout the quarter.

eSound: MP3 Music Player App from Spicy Sparks saw a significant increase in weekly revenue, peaking at $64 at the end of January. Downloads followed an upward trend, starting at roughly 1K and peaking at around 1.9K in mid-March. Active users also showed growth, increasing from about 13.5K to nearly 16K by the end of March.

Radio Panama FM y Online maintained a steady download rate, with highs of around 1.6K in late January. The app's weekly downloads fluctuated slightly, averaging between 800 to 1.6K throughout the quarter.

The data for this analysis comes from Sensor Tower, where more detailed insights can be found.