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AI Insights · Timothy · October 2023

Top 5 Music and Podcasts Apps in Latin America: Q3 2023 Performance

Discover the performance of the top 5 Music and Podcasts apps on a unified platform in Latin America during Q3 2023, with insights on downloads, revenue, and weekly active users.

Top 5 Music and Podcasts Apps in Latin America: Q3 2023 Performance

In the third quarter of 2023, the top 5 music and podcast applications in Latin America showed varying trends in downloads, revenue, and weekly active users. Here's a closer look at their performance based on Sensor Tower data.

YouTube Music experienced steady growth in revenue, starting at around $192K and peaking at approximately $204K in mid-September. Downloads displayed a slight decline over the quarter, starting at 287K and dropping to 246K by the end of September. However, weekly active users remained strong, increasing from 63.5M to 66.3M.

Spotify - Music and Podcasts saw consistent revenue growth, beginning at roughly $142K and reaching about $153K by the end of September. Downloads increased significantly, from 1.2M to 1.5M, with a notable peak of 1.7M mid-quarter. Weekly active users showed a stable trend, fluctuating around 92M to 94M.

Deezer: Music Player, Podcast had a stable revenue performance, starting at approximately $126K and maintaining around $124K throughout the quarter. Downloads saw a remarkable increase from 108K to 178K, with a notable peak of 226K in early September. Weekly active users followed an upward trend from 4.9M to 5.7M.

Resso Music - Songs & Lyrics showed a decline in revenue, starting at about $94K and dropping to $3K by early September. Downloads followed a similar downward trend, decreasing from 120K to 1.8K. Weekly active users also declined significantly, from 1.9M to 661K by the end of the quarter.

Amazon Music: Songs & Podcasts saw a steady increase in revenue, from around $36K to $50K by the end of September. Downloads showed a fluctuating trend, starting at 230K and ending at 180K. Weekly active users remained relatively stable, with minor fluctuations around 1.6M.

These insights highlight the dynamic nature of the music and podcasts app market in Latin America. For more detailed data and analysis, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2023