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AI Insights · Timothy · July 2024

Top 5 Music and Podcasts Apps in Europe Q2 2024

In Q2 2024, the top 5 music and podcasts apps in Europe showed varied trends in downloads, revenue, and active users. Data from Sensor Tower reveals the performance of Spotify, Shazam, YouTube Music, SoundCloud, and Yandex Music.

Top 5 Music and Podcasts Apps in Europe Q2 2024

In the second quarter of 2024, the top 5 music and podcasts applications in Europe experienced varied trends across downloads, revenue, and weekly active users. Data from Sensor Tower provides a detailed look at the performance of Spotify - Music and Podcasts, Shazam: Find Music & Concerts, YouTube Music, SoundCloud: Discover New Music, and Yandex Music, books & podcasts.

Spotify - Music and Podcasts showed a strong performance in revenue, starting at $1.1M in early April and peaking at around $1.4M by the end of June. The app's downloads were mostly stable, hovering between 616K to 695K weekly. Weekly active users remained consistent, fluctuating slightly around 109M to 110M.

Shazam: Find Music & Concerts saw modest revenue, peaking at $349 in the week of May 20. Downloads ranged from 416K to 474K weekly, while weekly active users were relatively stable, with a slight increase from 28.5M to 29M.

YouTube Music experienced a consistent revenue stream, starting at $843K in early April and peaking at $951K in early June. The app's downloads steadily increased from 227K to 250K over the quarter. Weekly active users showed a positive trend, growing from 59M to 64M.

SoundCloud: Discover New Music had a steady revenue performance, starting at $478K and peaking at $542K by the end of June. Downloads ranged from 194K to 212K weekly, with weekly active users fluctuating around 19M to 22M.

Yandex Music, books & podcasts showed a gradual increase in revenue, starting at $48K and reaching $60K by the end of June. Downloads varied between 159K to 207K weekly. Weekly active users consistently hovered between 18.7M to 19.7M.

For more detailed insights and data, visit Sensor Tower.


Sensor Tower's platform is an enterprise-level offering. Interested in learning more?


Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2024