AI Insights · Timothy · July 2024
Q2 2024 Music & Podcasts Apps Performance on Unified Platform
A look into the second quarter of 2024 reveals the performance trends of the top Music and Podcasts applications. Sensor Tower provides a snapshot of downloads, revenue, and active users.
In the second quarter of 2024, the Music and Podcasts category on unified platforms saw varying performance trends across top applications. Sensor Tower's data offers a closer look at these trends, indicating how each app fared in terms of downloads, revenue, and active users.
Spotify - Music and Podcasts maintained a strong presence with its revenue fluctuating around the $30M to $35M mark throughout the quarter. Downloads saw a peak of 145K in mid-June, while weekly active users demonstrated a slight decline, starting at 9.5M and dipping to 9.1M by the end of June.
Shazam: Find Music & Concerts, despite not generating revenue, showed consistent engagement. Downloads hovered around the 50K to 65K range, and active users varied slightly, with a peak at 2.6M in mid-June.
YouTube Music experienced a rise in revenue, reaching up to $48K in late June. Downloads remained stable, with a noteworthy 44K downloads in mid-June. The platform's weekly active users showed growth, starting at 12.7M and escalating to a high of 13.8M in mid-June.
fizy – Music & Video saw modest revenue figures around the $2K to $3K range. The app's downloads began at 45K but experienced a dip in April, later recovering to 28K by the close of June. Weekly active users showed a decrease from 258K to 219K over the quarter.
Tubidy Fm Offline Music Player generated minimal revenue, with the highest at $192 in mid-June. Downloads for the app showed a steady pattern, with an increase to 20K in mid-June. Active users saw a slight growth, from 322K to 349K, indicating consistent use.
For more detailed insights and data, Sensor Tower's platform contains a wealth of information on app performance across various metrics and time frames.