AI Insights · Timothy · October 2023
Top 5 Music and Podcasts Apps on iOS in Europe - Q3 2023
A look at the performance of the top 5 music and podcasts apps on iOS in Europe for Q3 2023, including trends in downloads, revenue, and active users.
In Q3 2023, the top 5 music and podcasts applications on iOS in Europe demonstrated varied performances across downloads, revenue, and weekly active users. Here’s a detailed look at the trends for each app, based on data from Sensor Tower.
Spotify - Music and Podcasts saw a significant decline in revenue, dropping from around $159K in late June to under $1K per week by the end of September. In terms of downloads, the app maintained a steady rate, starting with approximately 408K in late June and ending with around 374K in the last week of September. The number of weekly active users remained relatively stable, fluctuating slightly but staying around the 43M mark throughout the quarter.
Shazam: Find Music & Concerts experienced modest revenue, peaking at roughly $453 in late July and stabilizing around $250 towards the end of September. Downloads showed a slight downward trend, starting at about 195K in late June and decreasing to approximately 182K by the end of September. Weekly active users also saw a decline from about 22M in late June to around 20M by the end of the quarter.
YouTube Music reported strong revenue, consistently staying above $750K per week, with a peak of approximately $861K in late June. Downloads remained fairly consistent, averaging around 130K per week, with a slight increase towards the end of September, reaching around 137K. The app's weekly active users saw a steady rise, growing from about 13.6M in late June to approximately 14.3M by the end of September.
SoundCloud: Discover New Music showed robust revenue growth, starting at around $325K in late June and increasing to approximately $383K by the end of September. Downloads fluctuated, peaking at around 104K in mid-September and ending the quarter at approximately 98K. Weekly active users demonstrated a consistent upward trend, rising from about 16M in late June to approximately 16.7M by the end of the quarter.
Amazon Music: Songs & Podcasts maintained steady revenue, starting at around $624K in late June and stabilizing around $621K by the end of September. Downloads remained relatively stable, with minor fluctuations, ending the quarter at approximately 83K. Weekly active users showed slight variability, starting at around 1.5M in late June and closing the quarter at approximately 1.5M.
For more detailed insights and comprehensive data, visit Sensor Tower.
