AI Insights · Timothy · April 2023
Top 5 Music and Audio Apps in Australia Q1 2023
Explore the performance of the top 5 music and audio apps in Australia during Q1 2023, including trends in downloads, revenue, and active users.
In the first quarter of 2023, the top 5 music and audio apps in Australia exhibited diverse trends in downloads, revenue, and active users. Here’s a detailed look at their performance:
Spotify: Music and Podcasts showed a significant increase in weekly revenue, starting from around $32K in late December 2022 and peaking at approximately $82K in the week of March 20. Weekly downloads saw a declining trend from 68.9K in late December to about 34K at the end of March. Despite the fluctuation in downloads, weekly active users remained relatively stable, averaging around 6M throughout the quarter.
Shazam: Find Music & Concerts maintained modest weekly revenue, hovering around $10. Weekly downloads decreased from 15.9K at the beginning of the quarter to about 11.9K by the end of March. Active users also saw a general decline from 1.27M in late December to roughly 1.06M by the end of March.
Amazon Music: Songs & Podcasts experienced a gradual increase in weekly revenue, starting at $755 and reaching up to approximately $1.7K by the end of the quarter. Downloads fluctuated, peaking at 10.8K in early January and settling around 8.2K at the end of March. Active users remained fairly consistent, averaging around 105K.
SoundCloud: Play Music & Songs showed a relatively stable weekly revenue, starting at $58.9K and peaking at $72.1K in late February before dropping to $57.4K by the end of March. Downloads were consistent, averaging around 11K throughout the quarter. Weekly active users remained stable, fluctuating between 897K and 947K.
StarMaker: Sing Karaoke Songs saw a decline in weekly revenue, from $13.1K in late December to about $7.1K by the end of March. Downloads varied, peaking at 4.7K in early March and ending the quarter with around 3.5K. Active users showed an up-and-down trend, starting at 10.6K and ending at around 10.9K.
For more detailed insights, visit Sensor Tower.