AI Insights · Timothy · October 2022
Top 5 Music and Podcasts Apps in Europe - Q3 2022 Performance
Explore the performance of the top 5 music and podcast apps on a unified platform in Europe during Q3 2022, covering downloads, revenue, and active users.
The third quarter of 2022 saw notable performances from the top 5 music and podcast apps in Europe. Here’s a detailed look at their weekly downloads, revenue, and active user trends based on data from Sensor Tower.
Spotify - Music and Podcasts maintained strong metrics throughout the quarter. Weekly revenue saw fluctuations, peaking at around $181K at the end of June and ending the quarter at approximately $174K. Downloads showed a stable trend with a slight dip mid-quarter, starting from 717K in late June and closing at 742K by the end of September. Active users remained robust, starting at nearly 99.8M and reaching over 100.9M by the quarter's end.
Shazam: Find Music & Concerts experienced consistent performance in Q3 2022. Weekly revenue hovered around $300, with a peak of $332 in mid-September. Downloads started at 481K in late June, peaking at 534K by late July, and then slightly dropped to 469K by the end of September. Active users showed a declining trend, starting from 34.6M and decreasing to 32.0M by the end of the quarter.
YouTube Music demonstrated strong revenue performance, peaking at approximately $781K at the end of September. Weekly downloads were steady, starting at 206K in late June and slightly fluctuating to end at 211K. Active users showed growth, increasing from 43.2M at the beginning of the quarter to 45.1M by the end.
SoundCloud: Discover New Music had a consistent revenue stream, beginning at $267K in late June and peaking at $285K at the end of September. Downloads showed minor fluctuations, starting at 173K and ending at 178K. Active users exhibited growth, starting at 17.9M and reaching 18.5M by the end of the quarter.
Amazon Music: Songs & Podcasts saw its weekly revenue start at $536K and peak at $550K by the end of September. Downloads fluctuated, starting at 192K in late June and ending at 154K. Active users showed a declining trend, starting at 4.6M and decreasing to approximately 4.5M by the quarter's end.
For more insights and detailed data, visit Sensor Tower.
