AI Insights · Timothy · October 2023
Top 5 Music and Audio Apps in New Zealand Q3 2023
Explore the performance trends of the top 5 music and audio apps in New Zealand during Q3 2023, with insights on downloads, revenue, and active user metrics.
The third quarter of 2023 saw notable trends in the performance of the top 5 music and audio apps on a unified platform in New Zealand. Here's a detailed look at each app's performance:
Spotify's weekly revenue exhibited a steady increase, starting at approximately $9.2K at the end of June and peaking at around $12.9K by the last week of September. Weekly downloads showed minor fluctuations, starting at around 6.6K and ending the quarter at approximately 6.2K. Active users remained relatively stable, with a slight increase from 1.24M to 1.25M by the end of the quarter.
SoundCloud: Play Music & Songs
SoundCloud's revenue remained relatively stable, averaging around $6K weekly, with a peak of $6.9K in the final week of September. Downloads fluctuated slightly, averaging around 1.9K weekly. Active users hovered around 114K throughout the quarter.
Ultimate Guitar: Chords & Tabs
Ultimate Guitar saw a consistent revenue trend, averaging around $3.5K weekly, with a peak of $4.1K in early September. Weekly downloads remained stable, averaging around 700. The active user base showed minor fluctuations, maintaining an average of around 4.6K throughout the quarter.
Apple Music's revenue showed slight fluctuations, peaking at approximately $1.5K in late July and averaging around $1.2K weekly. Downloads remained consistent, averaging around 450 weekly. Active users experienced a gradual decline from 4.5K to 3.9K by the end of September.
Pocket FM experienced a significant increase in revenue, starting at around $1K and peaking at approximately $2.8K in the last week of September. Downloads saw a dramatic rise from 140 in mid-August to 1.7K by the end of the quarter. Active users also increased significantly from 785 to 3.1K.
These insights are derived from Sensor Tower data. For more detailed information and further insights, visit Sensor Tower.