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AI Insights · Timothy · July 2024

Top 5 Music and Podcasts Apps in Oceania for Q2 2024

Explore the performance of the top 5 music and podcasts apps in Oceania for Q2 2024, with insights into downloads, revenue, and active users.

Top 5 Music and Podcasts Apps in Oceania for Q2 2024

In the second quarter of 2024, the top 5 music and podcasts apps in Oceania showcased varied performance metrics, reflecting the dynamic landscape of the audio streaming industry. Here’s a detailed look at their trends in weekly downloads, revenue, and active users.

Spotify - Music and Podcasts demonstrated a consistent increase in weekly revenue, starting at around $157K at the beginning of April and peaking at nearly $210K in mid-June. Weekly downloads fluctuated slightly but maintained a strong presence, with a peak of approximately 40K in mid-April. The app also maintained a robust weekly active user base, averaging around 7.5M throughout the quarter.

YouTube Music experienced stable revenue growth, beginning at $121K in early April and reaching up to $143K by the end of June. Weekly downloads remained steady, ranging from 11K to 14K. The app's weekly active users saw a gradual increase, starting at 1.9M and ending the quarter with over 2M users.

SoundCloud: Discover New Music showed a consistent revenue rise, from $83K at the start of the quarter to $105K by the end. Weekly downloads were relatively stable, averaging around 12K. The app's active user base saw fluctuations, peaking at over 1M in mid-May before slightly declining towards the end of June.

TIDAL Music: HiFi Sound had a more modest revenue performance, with weekly earnings ranging from $14K to $22K. Weekly downloads were lower compared to competitors, averaging around 1K. The app's active user base remained relatively stable, fluctuating between 10K and 11K throughout the quarter.

QQ音乐 - 让生活充满音乐 had a varied revenue performance, with a notable peak of $23K in mid-May. Downloads were consistently low, averaging around 500 per week. The app maintained a small but steady active user base, averaging around 25K weekly users.

These insights highlight the diverse performance of the top music and podcasts apps in Oceania for Q2 2024. For more detailed insights and data, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2024