AI Insights · Timothy · October 2023
Top 5 Music and Podcasts Apps in Europe Q3 2023
The top 5 music and podcasts apps in Europe showed varied performance in Q3 2023, with [Spotify: Music and Podcasts](https://app.sensortower.com/overview/55c5022c02ac64f9c0001f83?country=US) leading in revenue and [YouTube Music](https://app.sensortower.com/overview/5645120d02ac6482ef000020?country=US) showing strong active user growth.
In Q3 2023, the top 5 music and podcasts apps in Europe demonstrated diverse performance trends across downloads, revenue, and weekly active users. Here’s a closer look at how each app fared during this period, based on data from Sensor Tower.
Spotify: Music and Podcasts saw a consistent increase in revenue, peaking at approximately $1M in the final week of September. Downloads fluctuated, starting at 783K in late June and ending at 735K in late September. Weekly active users remained relatively steady, averaging around 106M throughout the quarter.
Shazam: Find Music & Concerts had a modest revenue stream, with weekly earnings hovering around $300 to $400. Downloads remained stable, starting at 479K in late June and slightly decreasing to 434K by the end of September. Weekly active users showed a subtle decline from 32M to just under 30M over the quarter.
YouTube Music maintained a strong revenue flow, with weekly figures ranging from $750K to $860K. Downloads were consistent, fluctuating between 230K and 240K. The app's weekly active users demonstrated a steady growth, increasing from 50.5M to nearly 53M by the end of September.
LMR - Copyleft Music experienced a steady rise in revenue, peaking at around $1.4K in the final week of September. Downloads saw significant growth, starting at 146K in late June and reaching 174K by the end of September. Weekly active users showed a positive trend, increasing from 9.6M to 10.6M over the quarter.
SoundCloud: Play Music & Songs had a stable revenue stream, with weekly earnings ranging between $350K and $460K. Downloads fluctuated slightly, ending the quarter at around 190K. Weekly active users remained steady, averaging close to 19.5M throughout the quarter.
These insights highlight the varied performance of the top music and podcasts apps in Europe during Q3 2023. For more detailed insights and data, visit Sensor Tower.