AI Insights · Timothy · March 2024
Top 5 Music and Podcasts Apps in Oceania - Q1 2024
In Q1 2024, the top 5 music and podcast apps in Oceania showed varied performance in terms of weekly downloads, revenue, and active users. Here's a closer look at their trends.
In Q1 2024, the top 5 music and podcast apps in Oceania demonstrated diverse performance metrics across weekly downloads, revenue, and active users. Here's a detailed look at their trends:
Spotify - Music and Podcasts saw a consistent increase in weekly revenue, peaking at around $182K in late February. Weekly downloads fluctuated slightly but remained around the 40K mark, while weekly active users experienced a steady rise, reaching approximately 7.5M by the end of the quarter.
Shazam: Find Music & Concerts had modest weekly revenue, with values not surpassing $18. Weekly downloads ranged from 13K to 17K, with a notable increase to 16.5K in the final week of March. Active users showed some variability, ending the quarter at about 1.3M.
YouTube Music maintained strong weekly revenue, consistently around $120K to $143K. Downloads were stable, averaging around 13K per week. Active users showed a healthy upward trend, peaking at nearly 2M in mid-March.
SoundCloud: Discover New Music experienced steady weekly revenue, peaking at approximately $103K in late February. Downloads hovered around 12K, and active users remained stable, ending the quarter at around 939K.
LiSTNR had varied download numbers, peaking at 15.7K in the first week of January but declining to around 9.7K by the end of March. Active users showed a slight decline, ending the quarter at approximately 31.9K.
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