AI Insights · Timothy · October 2023
Top 5 Music and Podcasts Apps in Australia Q3 2023
Explore the performance of the top 5 music and podcasts apps in Australia for Q3 2023, including trends in downloads, revenue, and active users.
During the third quarter of 2023, the top 5 music and podcasts applications in Australia showed varying trends in downloads, revenue, and weekly active users. Here’s a detailed look at their performance.
YouTube Music from Google saw a consistent revenue stream, peaking at around $119K in the last week of September. Downloads fluctuated, reaching a high of approximately 12K in early July and mid-September. Weekly active users experienced a steady increase, peaking at about 1.66M in late August.
Spotify - Music and Podcasts from Spotify showed a strong revenue growth, hitting a high of roughly $141K in the second week of September. Downloads were stable, with a peak of around 40K in early July. Weekly active users remained robust, maintaining a range between 6.05M and 6.14M throughout the quarter.
SoundCloud: Discover New Music from SoundCloud Global Limited & Co KG reported steady revenue, peaking at about $72K in late August. Downloads were relatively stable, with slight fluctuations, peaking at around 12.6K in early July. Weekly active users remained consistent, hovering around 900K throughout the quarter.
TIDAL Music: HiFi Sound from TIDAL Music AS had a revenue peak of approximately $19K in late July. Downloads showed a declining trend, starting at around 1.8K in late June and dropping to about 630 by the end of August. Weekly active users saw a slight dip, ranging from 10.7K to 13.2K over the quarter.
QQ音乐 - 让生活充满音乐 from Tencent Technology experienced significant revenue volatility, with a high of approximately $53K in the last week of September. Downloads remained low but relatively steady, peaking at around 658 in late September. Weekly active users were stable, peaking at about 20K in late July.
These insights are based on data from Sensor Tower. For more detailed analytics and trends, visit Sensor Tower.