AI Insights · Timothy · July 2024
Top 5 Music and Podcasts Apps in Australia Q2 2024
In Q2 2024, leading music and podcasts apps in Australia showed varied performance trends in downloads, revenue, and weekly active users on a unified platform.
The second quarter of 2024 saw notable shifts in the performance of top music and podcasts apps in Australia. Data from Sensor Tower highlights the trends in downloads, revenue, and active users for the top five apps on a unified platform.
Spotify - Music and Podcasts maintained strong performance throughout the quarter. Revenue consistently increased from early April, peaking at approximately $193K in the week of June 10 and closing the quarter at $189K. Downloads fluctuated slightly but remained robust, with a peak of 33K mid-April and ending at 32K in the final week of June. Weekly active users showed minor variations, starting at around 6.2M and finishing at a similar level.
YouTube Music experienced steady growth in revenue, starting at $109K in early April and reaching $131K by the end of June. Downloads were stable, with a slight increase towards the end of the quarter, peaking at 12K in the last week. Weekly active users also showed a consistent upward trend, beginning at 1.7M and ending at 1.8M.
SoundCloud: Discover New Music displayed a consistent revenue increase, starting at $75K in early April and peaking at $97K in the last week of June. Downloads showed minor fluctuations, with a peak of 10K in early June, while active users saw a slight decline, starting at 826K and ending the quarter at 814K.
TIDAL Music: HiFi Sound had a varied performance in revenue, starting at $20K in early April, dipping mid-quarter, and closing at $13K. Downloads remained relatively low, peaking at 1.3K in early June. Active users saw minor fluctuations, beginning at 10K and ending at 8.7K.
Finally, QQ音乐 - 让生活充满音乐 showed inconsistent revenue patterns, with notable peaks and troughs, starting at $14K and ending at $17K. Downloads were modest, peaking at 649 in early April. Active users remained relatively stable, starting at 23K and closing the quarter at 20K.
For more detailed insights into the performance of these top music and podcasts apps, visit Sensor Tower.