Top 5 Music and Podcasts Apps in Panama - Q1 2023

In the first quarter of 2023, the top 5 music and podcasts applications in Panama showed varied performance metrics in terms of downloads, revenue, and active users. Here’s a detailed look at each app's performance:

Spotify - Music and Podcasts demonstrated a mixed trend in weekly revenue, starting at around $261 and experiencing fluctuations, peaking at $364 by the end of March. Weekly downloads showed consistent numbers, reaching a high of approximately 8.3K in late February. Weekly active users remained relatively stable, ranging from 470K to 488K throughout the quarter.

YouTube Music had a strong start with weekly revenue around $2K, peaking at about $2.4K at the end of February. Download numbers were steady, with a slight decline in late March, finishing at around 2.5K. Active users increased gradually from 190K to about 199K over the quarter.

Shazam: Find Music & Concerts showed consistent revenue, maintaining around $6 to $8 weekly. Downloads remained stable, averaging around 2.3K per week, with a slight dip towards the end of March. Active users hovered around 88K, with minor fluctuations throughout the quarter.

Music Downloader / MP3 Player saw modest weekly revenue, peaking at $27 by the end of January. Weekly downloads were inconsistent, with numbers ranging from 1.5K to 3.3K. Active users showed a downward trend, starting at around 10K and ending at approximately 8K.

eSound - MP3 Music Player App had a varied revenue trend, peaking at $147 in mid-March. Downloads were relatively stable, averaging around 1.4K to 1.6K weekly. Active users showed a steady increase, reaching up to 21K by the end of the quarter.

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