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AI Insights · Timothy · April 2023

Top 5 Music and Audio Apps in South America Q1 2023

Discover the performance of the top 5 music and audio apps in South America during Q1 2023, including trends in weekly downloads, revenue, and active users.

Top 5 Music and Audio Apps in South America Q1 2023

The first quarter of 2023 witnessed notable trends in the performance of the top 5 music and audio apps on the unified platform in South America. Here’s a detailed look at their weekly downloads, revenue, and active users.

Resso Music - Songs & Lyrics experienced a fluctuating revenue trend, peaking at approximately $124K in the first week of February and ending the quarter at around $86K. Weekly downloads saw a decline from 192K in late December to 119K by the end of March. Active users showed a similar downward trend, starting at 5.8M and decreasing to 3.9M over the quarter.

Deezer: Music & Podcast Player maintained a relatively steady revenue throughout Q1, with weekly figures hovering around $100K, peaking at $110K in early January. Downloads saw a high of 126K in mid-January but gradually declined to around 80K by the end of March. Active users remained stable, fluctuating slightly around 4.5M throughout the quarter.

Spotify: Music and Podcasts showed a gradual increase in revenue, starting at $17K in late December and reaching $45K by the end of March. Downloads were consistent, with weekly figures around 900K to 960K, and active users remained robust, staying steady at around 63M throughout the quarter.

StarMaker: Sing Karaoke Songs saw a moderate revenue trend, peaking at approximately $22K in early February and ending the quarter at $15K. Downloads had a significant drop from 638K in early January to just under 44K by the end of March. Active users also saw a decline from 1.8M in early January to just over 1M by the end of March.

Amazon Music: Songs & Podcasts showed a significant increase in weekly revenue, starting at $3.5K in late December and reaching $24K by the end of March. Downloads followed a downward trend from 417K in early January to 158K by late March. Active users remained relatively stable, fluctuating around 1.1M throughout the quarter.

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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2023