AI Insights · Timothy · April 2023
Top 5 Music & Audio Apps in Europe Q1 2023
In Q1 2023, the top 5 music and audio apps in Europe saw varied performance trends in downloads, revenue, and active users. Here's a look at how each app fared.
In the first quarter of 2023, the top 5 music and audio apps in Europe demonstrated diverse performance trends spanning downloads, revenue, and active users. Here's a closer look at how each app performed during this period, based on data from Sensor Tower.
Deezer: Music & Podcast Player from Deezer Music saw a steady increase in weekly revenue, peaking at approximately $1.7M in the final week of February. Weekly downloads, however, showed a gradual decline from around 126K at the start of January to roughly 77K by the end of March. Active users fluctuated slightly, starting at 9.3M and ending the quarter at about 9M.
Spotify: Music and Podcasts from Spotify AB experienced significant growth in weekly revenue, starting at around $207K in late December and reaching nearly $470K by the end of March. Weekly downloads saw a downward trend, beginning at over 1M and falling to approximately 700K. Active users remained relatively stable, hovering around 105M throughout the quarter.
Apple Music also showed a positive trend in weekly revenue, which increased from approximately $55K to $63K by the end of March. Downloads fluctuated, peaking at around 110K in mid-March before slightly decreasing to 108K at the end of the quarter. Active users remained stable, rising slightly from 1.06M to 1.09M.
Ultimate Guitar: Chords & Tabs from Ultimate Guitar USA LLC experienced a gradual decline in weekly revenue, starting at around $248K and stabilizing around $171K by the end of March. Weekly downloads remained relatively stable, averaging around 31K to 39K. Active users saw minor fluctuations, ending the quarter close to 723K.
StarMaker: Sing Karaoke Songs from SKYWORK AI PTE. LTD. had a variable performance, with weekly revenue ranging from $65K to $96K. Downloads peaked early in the quarter at around 385K before dropping to approximately 151K by the end of March. Active users saw a downward trend, starting at 1.1M and ending the quarter at roughly 791K.
For more insights and detailed app performance metrics, visit Sensor Tower.