AI Insights · Timothy · April 2023
Top 5 Music and Podcasts Apps Performance in Africa, Q1 2023
In Q1 2023, the top 5 music and podcasts apps in Africa exhibited varying trends in downloads, revenue, and active users, with Spotify and Audiomack leading the charts.
In Q1 2023, the top 5 music and podcasts applications in Africa showed a diverse range of performance metrics across downloads, revenue, and active users, according to data from Sensor Tower.
Spotify - Music and Podcasts experienced substantial growth in weekly revenue, starting at around $78 at the end of December 2022 and peaking at approximately $2.7K by the end of March 2023. Weekly downloads fluctuated, starting from 470K and stabilizing around 445K by the end of the quarter. The app maintained a high level of weekly active users, ranging from 4.9M to 5.1M throughout the period.
Audiomack - Play Music Offline saw a notable variation in revenue, beginning the quarter at $4K and ending at about $2.1K. Weekly downloads showed a consistent upward trend, beginning at 240K and reaching a peak of 268K. Weekly active users also demonstrated stability, ranging from 4.3M to 4.8M.
Shazam: Find Music & Concerts had minimal revenue fluctuations, with a slight increase to $44 in the last week of March. The app's weekly downloads remained relatively stable, hovering around 135K. Weekly active users saw a slight decline from 3M to around 2.7M over the quarter.
Boomplay: Music & Live Stream showed modest revenue trends, starting at $1.8K and ending at about $1.4K. Downloads varied slightly, starting at 128K and stabilizing around 117K. The app's weekly active users fluctuated between 7.7M and 8.9M throughout the quarter.
SoundCloud: Discover New Music experienced a consistent revenue stream, averaging around $700 per week. Weekly downloads showed a declining trend, starting at 98K and dropping to 65K by the end of March. Active users also saw a decrease, ranging from 8.9M to 7.5M over the period.
For more insights and detailed data on app performance, visit Sensor Tower.