Top 5 Music and Audio Apps in Panama - Q2 2022

In Q2 2022, Panama's top 5 music and audio apps on a unified platform exhibited diverse trends in weekly downloads, revenue, and active users. Here’s a closer look at their performance:

Spotify for Podcasters had a modest yet steady presence. Weekly downloads fluctuated slightly, peaking at around 5.8K in mid-April before gradually declining to approximately 3.5K by the end of June. Active users started at 8.5K and saw an upward trend, reaching a high of 10.7K in late May, before tapering off to 9.5K in the final week of June.

StarMaker: Sing Karaoke Songs displayed a mixed performance. Weekly downloads saw a decline from 6.1K at the start of the quarter to 3.2K at the end. However, revenue showed a notable increase, peaking at $424 in late May. Active users followed a similar downward trend, starting at 16.7K and ending at 13.3K.

Spotify: Music and Podcasts maintained a robust performance with weekly downloads fluctuating around 5K to 6.7K. Revenue peaked at $280 in the last week of June. Active users remained relatively stable, averaging around 470K throughout the quarter.

Download Music Mp3 experienced a decline in weekly downloads, from 4.1K at the beginning of the quarter to 2.8K by the end. Active users showed a slight decrease, starting at 15.7K and ending at 14.9K.

YouTube Music had a steady performance in weekly downloads, ranging from 2.3K to 3.5K. Revenue was consistent, peaking at $2.2K in mid-June. Active users showed a positive trend, increasing from 160K to approximately 169K by the end of the quarter.

These insights are based on data from Sensor Tower. For more comprehensive analysis and further details, visit Sensor Tower's platform.