AI Insights · Timothy · July 2022
Top 5 Music and Podcasts Apps on Unified Platform in Portugal for Q2 2022
A look at the performance of the top 5 music and podcasts apps in Portugal during Q2 2022, including trends in downloads, revenue, and active users.
The second quarter of 2022 saw varied performance among the top music and podcasts apps in Portugal. Here’s a detailed look at the trends in weekly downloads, revenue, and active users for the leading apps, based on data from Sensor Tower.
YouTube Music showed a mixed performance in Q2 2022. Weekly revenue fluctuated, peaking at around $6.1K at the start of April before dipping to approximately $3.4K in late May. Downloads remained relatively stable, with a slight increase from 2.0K to 2.7K by the end of June. The app maintained a strong active user base, growing from 370.6K to 395.8K over the quarter.
TIDAL Music: HiFi Sound experienced moderate revenue growth, rising from $1.1K at the end of March to $1.5K by late June. Weekly downloads showed a similar trend, with a notable spike to 1.9K in mid-June. Active users increased steadily from 45.2K to 50.9K over the same period.
Deezer: Music Player, Podcast saw an upward trajectory in revenue, climbing from $503 at the end of March to $1.1K by the end of June. Downloads remained relatively stable, hovering around 700-800 per week. Active users fluctuated slightly but stayed within the range of 92.3K to 98.8K throughout the quarter.
SoundCloud: Discover New Music had a steady increase in revenue, peaking at $721 in the final week of June. Weekly downloads remained consistent, averaging around 1.6K to 1.8K. The app’s active users saw a slight decline from 191K at the end of March to 205.2K by late June.
Spotify - Music and Podcasts dominated the market with substantial active user numbers, maintaining over 2.3M users throughout the quarter. Revenue experienced fluctuations, reaching a high of $405 in late May. Weekly downloads were robust, ranging from 10.4K to 13.8K.
These insights from Sensor Tower highlight the dynamic nature of the music and podcasts app market in Portugal. For more detailed analytics and trends, visit Sensor Tower.