AI Insights · Timothy · October 2024
Top 5 Music and Audio Apps in Bulgaria: Q3 2024 Performance Insights
Explore the performance trends of the top music and audio apps in Bulgaria during Q3 2024, with insights on downloads, revenue, and active users.
In the third quarter of 2024, the leading music and audio applications on the unified platform in Bulgaria demonstrated varied performance trends, as captured by Sensor Tower data.
Spotify: Music and Podcasts saw a consistent increase in weekly revenue, starting from around $2.1K in early July and peaking at approximately $2.3K by the end of September. Weekly downloads for the app remained relatively stable, fluctuating between 3.7K and 4.2K, while weekly active users showed a slight decline from 247K to 230K over the quarter.
TIDAL Music: HiFi sound experienced modest weekly revenue, maintaining a range between $780 and $1K throughout the quarter. Downloads were low, averaging around 150 per week, with a notable spike to 206 in early September. Active users slightly decreased from 10.8K to 10.2K by the end of the quarter.
Deezer: Music & Podcast Player demonstrated steady revenue growth, reaching about $600 in mid-August before stabilizing around $500 in September. Downloads were consistent, hovering around 300 weekly, while active users showed minor fluctuations, ending the quarter at approximately 33K.
Pocket FM: Audio Series had a challenging quarter in terms of revenue, which dropped significantly from $298 to $142. Downloads increased towards the end of the quarter, reaching 266 in late September, while active users saw a gradual increase from 1K to over 1.1K.
Apple Music maintained a stable revenue stream, averaging around $100 weekly. Downloads were consistent, fluctuating between 420 and 500, while active users remained steady, closing the quarter at approximately 12.3K.
These trends highlight the dynamic nature of the music and audio app market in Bulgaria. For further insights into the performance of these apps and others, visit Sensor Tower.