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AI Insights · Timothy · April 2024

Top 5 Music and Audio Apps in Oceania: Q1 2024 Performance

In Q1 2024, the top 5 music and audio apps in Oceania, including Spotify and Apple Music, showed varied performance trends in downloads, revenue, and active users.

Top 5 Music and Audio Apps in Oceania: Q1 2024 Performance

In the first quarter of 2024, the top 5 music and audio apps on a unified platform in Oceania showcased diverse performance trends. Here's a closer look at their weekly downloads, revenue, and active users.

Spotify: Music and Podcasts saw a steady increase in weekly revenue, peaking at approximately $182K in the final week of February. Weekly downloads remained relatively stable, fluctuating between 39.9K and 44.5K. Active users hovered around 7.4M, maintaining a consistent user base throughout the quarter.

Pocket FM: Audio Series experienced a significant rise in weekly revenue, reaching about $34K in late March. However, downloads showed a declining trend, starting from 23.1K in mid-January to around 7.4K at the end of the quarter. Active users also saw a drop from 39.2K to approximately 30.1K.

SoundCloud: Play Music & Songs displayed consistent performance in weekly revenue, with a notable peak at $103K in the last week of February. Weekly downloads remained steady around the 12K mark. Active users showed a slight increase, starting from 911K in early January and reaching close to 939K by the end of March.

Apple Music had a gradual increase in weekly revenue, peaking at $14.8K in February. Downloads saw a peak in early February with 3.5K downloads and then stabilized around 2.2K. Active users remained steady, fluctuating between 22.2K and 25.1K over the quarter.

Ultimate Guitar: Tabs & Chords showed a notable increase in weekly revenue, reaching approximately $42.9K by the end of March. Downloads remained fairly stable, averaging around 3.5K per week. Active users saw a slight decline from 19.4K in early January to about 18.4K by the end of March.

These insights are based on data from Sensor Tower. For more detailed analytics and trends, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2024