AI Insights · Timothy · October 2022
Top 5 Music and Audio Apps in Nigeria Q3 2022
Discover the performance of the top 5 music and audio apps on a unified platform in Nigeria during Q3 2022, featuring trends in downloads, revenue, and active users.
In the third quarter of 2022, the top 5 music and audio apps in Nigeria showed diverse performance trends across downloads, revenue, and active users. Below is a detailed look at how each app fared during this period, based on data from Sensor Tower.
Audiomack: Music Downloader experienced fluctuating weekly revenue, peaking at approximately $4.6K in early August and finishing the quarter with around $4K. Weekly downloads saw a downward trend, starting at around 112.5K at the end of June and decreasing to about 73K by the end of September. Despite this, weekly active users showed a steady increase, peaking at approximately 1.7M mid-September before slightly declining to 1.6M by the end of the quarter.
Boomplay: Music & Live Stream exhibited relatively stable weekly revenue, with minor fluctuations and a peak of around $1.7K at the end of August. Weekly downloads started strong at around 62.4K but gradually declined to approximately 48.5K by the end of September. Weekly active users remained robust, peaking at about 6.2M in early September and maintaining a steady level around 6.1M towards the end of the quarter.
Spotify: Music and Podcasts showed no revenue generation during this period. Weekly downloads remained relatively stable, starting at approximately 48.3K and ending the quarter at around 45.3K. The app saw a gradual increase in weekly active users, rising from about 443K at the end of June to nearly 491K by the end of September.
Shazam: Find Music & Concerts also did not generate revenue during Q3 2022. Weekly downloads remained consistent, hovering around the 37K to 41K range throughout the quarter. Weekly active users peaked at about 678K in mid-July but saw a slight decline to approximately 620K by the end of September.
Spotify for Podcasters did not generate revenue in this period either. However, it experienced a notable increase in weekly downloads, starting at around 12.6K and ending the quarter with a peak of approximately 22.2K. Weekly active users also showed a positive trend, increasing from about 38K at the end of June to nearly 59K by the end of September.
These insights provide a comprehensive look at the performance of the leading music and audio apps in Nigeria for Q3 2022. For more detailed analytics and trends, visit Sensor Tower.
