AI Insights · Timothy · April 2024
Top 5 Music and Podcasts Apps Performance in Israel - Q1 2024
Analyzing the performance of the top 5 music and podcasts apps in Israel for Q1 2024, including trends in downloads, revenue, and active users.
In the first quarter of 2024, the top 5 music and podcasts applications in Israel showed varied performance trends in terms of downloads, revenue, and active users. Here’s a closer look at how each app fared:
Spotify - Music and Podcasts experienced a steady weekly revenue, peaking at approximately $27.5K in the last week of February. Weekly downloads fluctuated, reaching a high of 10K downloads in the week of March 4. Meanwhile, weekly active users hovered around 450K to 470K throughout the quarter.
YouTube Music saw its weekly revenue peak at $26.8K in mid-February, with a general upward trend in downloads, peaking at 6.1K in the same period. The app’s weekly active users were consistently high, ranging from 540K to 590K, showing strong user engagement.
Shazam: Find Music & Concerts had a steady download rate, with a high of 5.3K in the last week of March. Weekly active users varied, peaking at 234K in late January but saw a slight decline towards the end of the quarter, stabilizing around 208K.
SoundCloud: Discover New Music showed a modest revenue peak at $1K in the week of February 19. Downloads increased throughout the quarter, reaching over 4.3K in early March. Active users saw a rise, peaking at 340K in late February before slightly declining to around 312K by the end of March.
Music Downloader / MP3 Player had a varied revenue stream, peaking at $238 in mid-February. Downloads fluctuated, with a notable high of 3.1K in mid-January but dropped significantly towards the end of March. Active users similarly peaked at 8K in mid-January, showing a decline to around 3.8K by the end of the quarter.
These insights are based on data from Sensor Tower. For more detailed metrics and analysis, visit Sensor Tower’s website.