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AI Insights · Timothy · April 2024

Q1 2024 Performance of Top Music & Podcasts Apps in Australia

A look at the first quarter performance of leading music and podcasts applications in Australia reveals stable trends. Sensor Tower provides more in-depth insights into these apps' downloads, revenue, and user engagement.

Q1 2024 Performance of Top Music & Podcasts Apps in Australia

In the first quarter of 2024, Australia's music and podcast app landscape showed noteworthy trends in user engagement and downloads. Spotify - Music and Podcasts maintained a strong presence with steady revenue peaking at nearly $165K in late February and weekly active users reaching over 6.2M towards the end of January. Downloads experienced a slight decline from approximately 39K to 33K over the quarter.

Shazam: Find Music & Concerts, owned by Apple, showcased a downward trend in revenue, eventually hitting zero by mid-March. However, the app's downloads saw a rebound from around 10K to over 13K, and weekly active users increased from 962K in early March to over 1.1M by the end of the quarter.

LiSTNR, an Australian platform, reported no revenue, focusing our attention on downloads and user engagement. Downloads showed fluctuations with a mid-quarter spike of over 14K, while weekly active users saw a modest range between 30K and 35K throughout the quarter.

Google's YouTube Music saw its revenue oscillate, with a notable peak at $135K in late January, while weekly active users grew to over 1.7M by late March. Downloads remained fairly consistent, hovering around the 10K mark.

Lastly, SoundCloud: Discover New Music from Germany experienced a steady revenue trend, with a high point of over $88K in late February. Weekly active users showed an upward trajectory, reaching over 830K by the end of March, while downloads remained around the 10K region.

For additional insights and detailed analytics, Sensor Tower's comprehensive data offers a deeper dive into the performance of these top music and podcasts applications.


Sensor Tower's platform is an enterprise-level offering. Interested in learning more?


Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2024