AI Insights · Timothy · April 2023
Top 5 Music and Podcasts Apps in Australia: Q1 2023 Performance
An overview of the performance of the top 5 music and podcasts apps in Australia during Q1 2023, highlighting key trends in downloads, revenue, and active users.
During the first quarter of 2023, the top 5 music and podcasts apps in Australia demonstrated varied performance metrics across downloads, revenue, and active users. Here’s a detailed look at each app’s performance:
YouTube Music showed a steady increase in weekly revenue, peaking at approximately $111.8K in mid-February. Weekly downloads saw a gradual decline, starting from around 15.2K at the end of December and dropping to approximately 9.4K by the end of March. The app maintained a relatively stable number of weekly active users, fluctuating around the 1.5M mark throughout the quarter.
SoundCloud: Discover New Music experienced consistent weekly revenue, with a peak of $72.1K in the last week of February. Weekly downloads remained fairly stable, averaging around 10K to 11K downloads per week. The app’s weekly active users hovered around 900K to 950K, with a slight dip in late February.
Spotify - Music and Podcasts saw a significant increase in weekly revenue, climbing from about $32.2K at the end of December to a high of $82.4K in mid-March. Weekly downloads showed a downward trend, starting at around 68.9K and ending at approximately 34K. The app maintained a strong user base with weekly active users consistently over 6M, peaking in late January.
TIDAL Music: HiFi Sound reported relatively stable weekly revenue, with a peak of around $15K in the last week of February. Weekly downloads fluctuated slightly, ranging from about 1K to 1.5K. The number of weekly active users remained steady, averaging around 13K to 14K users throughout the quarter.
TuneIn Radio: Music & Sports showed a peak in weekly revenue at approximately $13.1K at the end of February. Weekly downloads varied, with a notable increase to around 3K downloads in the last week of March. The app's weekly active users saw an increase towards the end of the quarter, reaching nearly 6K by the end of March.
These insights highlight the diverse performance trends of the top music and podcasts apps in Australia during Q1 2023. For more detailed analytics and data, visit Sensor Tower.