AI Insights · Timothy · July 2024
Q2 2024 Snapshot: Top Music and Podcasts Apps in the US
A glance at the performance of the top five music and podcasts apps in the US for the second quarter of 2024 reveals growth and user engagement. Sensor Tower provides detailed insights into the apps' downloads, revenue, and active users.
In the second quarter of 2024, the US music and podcasts app market witnessed varied performance trends among the top players. Data provided by Sensor Tower highlights the movements in downloads, revenue, and weekly active users for each app.
Amazon Music: Songs & Podcasts saw a fluctuating trend in revenue, peaking at $67K in the final week of June. Downloads for the app reached their highest at nearly 21K in that same week, while weekly active users spiked to over 526K, indicating a strong end to the quarter.
Spotify - Music and Podcasts experienced a generally upward revenue trajectory, closing the quarter with a consistent $62K for the last three weeks. Downloads showed resilience, maintaining around 44K to 49K throughout the quarter. Weekly active users remained robust, hovering around the 15M mark.
YouTube Music displayed a steady revenue performance with a mid-quarter peak at $32K. Download numbers showed a moderate increase to over 14K by the end of June. The platform's active users experienced growth, reaching upwards of 4.4M in the second half of June.
SoundCloud: Discover New Music revealed a mixed revenue pattern, with the highest revenue recorded at $11K at the end of April. The app's downloads remained fairly consistent, averaging around 10K per week. Weekly active users saw a peak of over 731K in mid-May.
TIDAL Music: HiFi Sound showed an uneven revenue pattern, with the highest at nearly $10K towards the end of May. Downloads for TIDAL were on the lower side, with a slight decline to under 1K by the quarter's end. The app's active users saw a peak at over 151K in mid-June.
For more in-depth insights and detailed app performance data, readers can explore Sensor Tower's comprehensive analytics platform.