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AI Insights · Timothy · October 2024

Top 5 Music and Audio Apps in Australia Q3 2024: Unified Platform Insights

Explore the performance trends of the leading music and audio apps in Australia for Q3 2024, featuring insights on downloads, revenue, and active users.

Top 5 Music and Audio Apps in Australia Q3 2024: Unified Platform Insights

In the third quarter of 2024, the top five music and audio applications in Australia on a unified platform demonstrated varying trends in downloads, revenue, and active users. This analysis draws on data from Sensor Tower, where more detailed insights can be explored.

Spotify: Music and Podcasts maintained a robust presence with weekly revenue fluctuating between approximately $150K and $203K. The app saw a consistent increase in weekly downloads, peaking at around 34K by the end of September. Active users steadily grew, reaching over 6.3M by the quarter's close.

Pocket FM: Audio Series experienced a gradual decline in weekly downloads, starting from 6.9K and dropping to just over 2K by the end of the quarter. Weekly revenue showed a peak in early August at $33.7K, followed by a decrease to about $19K by September's end. Active users also saw a downward trend, ending the quarter with approximately 22.7K.

SoundCloud: Play Music & Songs exhibited a steady increase in weekly revenue, peaking at $105K towards the end of September. Downloads remained relatively stable, averaging around 9K weekly, while active users hovered around the 800K mark, with minor fluctuations throughout the quarter.

Apple Music saw a slight increase in weekly revenue, reaching just over $12K by late September. Downloads fluctuated, with a notable spike in mid-August to over 3K, before settling back to approximately 1.7K. The app's active users consistently hovered around 20K during the quarter.

Ultimate Guitar: Tabs & Chords showed an upward trend in weekly revenue, reaching $45K at the start of September. Downloads increased steadily, starting from 1.8K and ending the quarter at 3.1K. Active users also increased, climbing from 13.4K to nearly 15.7K by the end of September.

These metrics highlight the dynamic nature of the music and audio app market in Australia, with each app demonstrating unique patterns in user engagement and monetization.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2024