AI Insights · Timothy · April 2023
Top 5 Music and Podcasts Apps in South America: Q1 2023 Performance
Explore the performance of the top 5 music and podcasts apps in South America during Q1 2023, with insights on downloads, revenue, and active users.
In the first quarter of 2023, the top 5 music and podcasts apps in South America showed diverse trends in downloads, revenue, and active users. Here’s a detailed look at their performance based on Sensor Tower data.
YouTube Music experienced a consistent weekly revenue, peaking at around $146K in late February. Weekly downloads saw a gradual decline from 243K in the last week of December to 191K by the end of March. The app maintained a high number of active users, fluctuating slightly but remaining around 48M throughout the quarter.
Resso Music - Songs & Lyrics saw its weekly revenue reach approximately $124K in early February but dropped to about $86K by the end of March. Downloads decreased from 192K in late December to 119K in the last week of March. Active users also saw a downward trend, starting at 5.8M in late December and ending at 3.9M in March.
Deezer: Music Player, Podcast showed stable performance in revenue, reaching around $110K in the first week of January and maintaining similar levels throughout the quarter. Downloads peaked at 126K in mid-January but decreased to 79K by the end of March. Active users remained relatively stable, starting at 4.5M in late December and slightly decreasing to 4.4M by the end of March.
Spotify - Music and Podcasts saw notable growth in weekly revenue, starting at around $17K in late December and increasing to $44K by the end of March. Downloads showed a slight decline from 960K at the end of December to 841K in late March. The app’s active users remained strong, consistently around 63M throughout the quarter.
TIDAL Music: HiFi Sound had a modest weekly revenue, peaking at approximately $14K in late February. Downloads fluctuated, starting at 10K in late December, peaking at 39K in early January, and settling at 25K by the end of March. Active users showed steady growth, starting at 282K in late December and increasing to 323K by the end of March.
For more detailed insights and data, visit Sensor Tower.
