AI Insights · Timothy · July 2023
Top 5 Music and Audio Apps Performance in Latin America Q2 2023
In Q2 2023, the top 5 music and audio apps in Latin America demonstrated varied trends in weekly downloads, revenue, and active users, with notable performances from Spotify, Resso, Deezer, Amazon Music, and StarMaker.
In Q2 2023, the top 5 music and audio apps in Latin America showcased a variety of performance trends across weekly downloads, revenue, and active users, according to data from Sensor Tower.
Spotify: Music and Podcasts saw a consistent increase in weekly revenue, peaking at approximately $141.9K by the end of June. Weekly downloads fluctuated, starting at about 1.28M in late March and ending around 1.21M by late June. Active users remained relatively stable, with a slight decrease from 90.4M to 92M throughout the quarter.
Resso Music - Songs & Lyrics experienced notable weekly revenue, reaching around $108.5K in mid-June. Weekly downloads varied, with a peak of nearly 157K in early May and settling at about 120.5K by the end of the quarter. Active users showed a downward trend, decreasing from 3.9M in late March to 1.85M by late June.
Deezer: Music & Podcast Player maintained a steady weekly revenue, hitting approximately $125.7K by the end of June. Downloads also showed fluctuations, peaking at around 164.4K in mid-May and ending at about 107.5K. Active users saw a slight decline from 5.5M to 5M over the quarter.
Amazon Music: Songs & Podcasts had relatively stable weekly revenue, with a notable increase to about $35.6K by the end of June. Weekly downloads remained consistent, averaging around 220K, with a peak of 235.7K in early May. Active users fluctuated slightly but ended the quarter at approximately 1.65M.
StarMaker: Sing Karaoke Songs showed varied performance with weekly revenue peaking at around $28K by early June. Downloads ranged from about 54.3K to 77.6K throughout the quarter. Active users showed a decline from 1.78M in early April to 1.38M by the end of June.
These insights are based on Sensor Tower data, providing a comprehensive view of the app performance in the Latin American market for Q2 2023. For more detailed insights, visit Sensor Tower.