AI Insights · Timothy · July 2023
Top 5 Music and Podcasts Apps on iOS in Latin America Q2 2023
Discover the performance of the top 5 music and podcasts apps on iOS in Latin America for Q2 2023, including trends in downloads, revenue, and active users.
Throughout Q2 2023, the top 5 music and podcasts apps on iOS in Latin America exhibited diverse trends in weekly downloads, revenue, and active users. Here's an overview of their performance:
YouTube Music by Google saw a consistent increase in weekly revenue, peaking at approximately $192K in the week of June 26. Weekly downloads remained steady, with a slight rise towards the end of the quarter, reaching around 76.7K. Active users also followed an upward trend, peaking at 5.5M in early June before tapering off to 5.2M by the end of the quarter.
Deezer: Music Player, Podcast from DEEZER SA experienced stable weekly revenue, with earnings fluctuating between $70K and $75K. Downloads for Deezer showed variability, peaking at 21.4K in the final week of June. Active users remained relatively stable, hovering around 720K to 793K throughout the quarter.
Resso Music - Songs & Lyrics by Moon Video Inc. demonstrated a steady climb in weekly revenue, reaching $36.1K in the week of June 5 before settling at $27.7K by the end of June. Downloads showed minor fluctuations, peaking at 18.3K in late March and ending the quarter at around 16.2K. The app's active user base declined from 92.9K at the start of the quarter to approximately 46.9K by the end.
TIDAL Music: HiFi Sound by TIDAL Music AS recorded a gradual increase in weekly revenue, reaching $20.9K in the final week of June. Downloads showed a consistent upward trend, peaking at 10.8K by the end of the quarter. Active users saw a slight increase, peaking at 92.6K in mid-June before settling at around 89K.
Spotify - Music and Podcasts from Spotify exhibited an increase in weekly revenue, peaking at $18.4K in early June and maintaining around $17.9K towards the end of the quarter. Spotify's downloads were robust, peaking at 279.9K in the last week of June. Active users consistently remained high, peaking at 9.7M in early June before slightly declining to 9.6M by the end of the quarter.
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