AI Insights · Timothy · October 2022
Top 5 Music and Podcasts Apps in Sweden Q3 2022
In Q3 2022, Podme, Spotify, YouTube Music, TIDAL, and SoundCloud showcased varying trends in downloads, revenue, and active users on a unified platform in Sweden.
In Q3 2022, the performance of the top 5 music and podcast applications on a unified platform in Sweden was marked by diverse trends across downloads, revenue, and active users. Below is a detailed look at each application's performance.
Podme: Premium Podcast player saw a consistent weekly revenue, peaking at around $62K at the end of June and maintaining figures between $54K and $62K throughout the quarter. Weekly downloads, however, showed a decline from 3.5K in early July to approximately 1.5K by the end of September. The app's weekly active users fluctuated, reaching a high of 20.4K in early July and ending the quarter at around 17.9K.
Spotify - Music and Podcasts demonstrated a relatively stable revenue pattern, with weekly figures ranging from $21K to $28K. Downloads remained steady, fluctuating between 9.6K and 12.1K. The app maintained a large user base, with weekly active users consistently around 2.3M throughout the quarter.
YouTube Music experienced weekly revenue variations, peaking at around $21K in late August and fluctuating between $15K and $21K. Downloads were stable, averaging around 2.4K weekly. Active users showed a slight upward trend, ending the quarter at approximately 335K.
TIDAL Music: HiFi Sound maintained a modest revenue, ranging from $8.7K to $13.5K. Weekly downloads were relatively low, averaging around 500. Active users remained steady, fluctuating between 15.8K and 17.2K.
SoundCloud: Discover New Music showed a steady increase in revenue, peaking at around $12K in late July and again in late September. Weekly downloads ranged from 4.2K to 6K, while active users saw a gradual increase, reaching approximately 565K by the end of the quarter.
These insights are based on data from Sensor Tower. For more detailed analytics and insights, visit Sensor Tower's website.