AI Insights · Timothy · April 2024
Top 5 Music and Podcasts Apps Performance in Oceania Q1 2024
Discover the performance trends of the top 5 music and podcast apps on a unified platform in Oceania during Q1 2024, including metrics on downloads, revenue, and active users.
In the first quarter of 2024, the top 5 music and podcast applications in Oceania exhibited varied performance trends in terms of downloads, revenue, and active users. This data, sourced from Sensor Tower, offers insightful metrics for Spotify - Music and Podcasts, YouTube Music, SoundCloud: Discover New Music, QQ音乐 - 让生活充满音乐, and TIDAL Music: HiFi Sound.
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, averaging around 42K, while weekly active users fluctuated slightly, ending the quarter at approximately 7.45M.
YouTube Music experienced a consistent rise in weekly revenue, reaching a peak of around $143K in the last week of February. Downloads remained fairly steady, with an average of about 13K per week. The app's active users saw a gradual increase, peaking at approximately 1.97M in mid-March.
For SoundCloud: Discover New Music, weekly revenue showed a positive trend, peaking at around $103K in the final week of February. Downloads averaged around 12K per week, while active users saw a slight increase, ending the quarter at about 939K.
QQ音乐 - 让生活充满音乐 had fluctuating weekly revenue, peaking at approximately $25K in mid-January. Downloads were relatively low, averaging under 1K per week. The app's active users remained stable, with a slight increase to around 26K in mid-February.
TIDAL Music: HiFi Sound saw an increase in weekly revenue, peaking at around $22K in the last week of March. Downloads showed a notable spike to over 3K in early February, while active users experienced fluctuations, ending the quarter at approximately 11K.
For more detailed insights, visit Sensor Tower.