AI Insights · Timothy · October 2022
Top 5 Music and Podcasts Apps in Europe Q3 2022
In Q3 2022, the performance of the top 5 music and podcast apps in Europe showcased varied trends in downloads, revenue, and active users. Here’s a closer look at their metrics.
In Q3 2022, the performance of the top 5 music and podcast applications on a unified platform in Europe exhibited diverse trends in weekly downloads, revenue, and active users. Here’s a detailed breakdown of their metrics.
Deezer: Music Player, Podcast saw its weekly revenue fluctuate, starting at approximately $1.27M in late June and peaking at about $1.34M in early September. Weekly downloads remained relatively stable, ranging from around 85K to 97K. Active users started at roughly 9.5M, showing a steady increase to approximately 9.7M by the end of September.
YouTube Music experienced a slight decline in weekly revenue initially, from around $780K in late June to about $660K in mid-July, before recovering to nearly $781K by the end of September. Downloads hovered between 205K and 233K throughout the quarter. Active users remained strong, fluctuating around the 43M mark, with a slight dip and then recovery towards the end of the quarter.
Amazon Music: Songs & Podcasts had a consistent weekly revenue, starting at around $536K and ending at approximately $550K. Downloads saw a decrease from about 192K in late June to around 154K by the end of September. Active users showed a slight decline from approximately 4.6M to about 4.5M over the same period.
SoundCloud: Discover New Music maintained a stable revenue, averaging around $240K, with a peak of approximately $285K in late September. Downloads fluctuated slightly, ranging from around 158K to 178K. Active users saw an upward trend, starting at about 17.9M and increasing to approximately 18.5M by the end of the quarter.
TIDAL Music: HiFi Sound showed a stable weekly revenue, beginning at around $222K and ending at approximately $205K. Downloads decreased from about 33K in late June to around 19K by the end of September. Active users started at roughly 934K and remained relatively stable, with minor fluctuations, ending the quarter at approximately 917K.
The data for these insights comes from Sensor Tower. For more detailed analytics and insights, visit Sensor Tower.
