AI Insights · Timothy · October 2024
Q3 2024: Top 5 Music and Podcasts Apps in Australia on Unified Platform
Explore the performance of the leading music and podcast apps in Australia during the third quarter of 2024, featuring trends in downloads, revenue, and active users.
During the third quarter of 2024, the top five music and podcast apps in Australia showcased varied performances in terms of downloads, revenue, and active users. This analysis, based on data from Sensor Tower, provides insights into the trends observed for each app.
Spotify - Music and Podcasts saw a slight fluctuation in weekly revenue, peaking at around $203K in mid-August. Weekly downloads demonstrated a steady increase, reaching approximately 34K by the end of September. The app maintained a robust presence with weekly active users growing from 6.2M to 6.3M over the quarter.
YouTube Music experienced a gradual rise in weekly revenue, culminating at about $142K in late August. Downloads remained stable, with a slight uptick to approximately 13K in late September. The active user base fluctuated slightly, averaging around 1.8M throughout the quarter.
SoundCloud: Discover New Music witnessed an upward trend in weekly revenue, reaching a peak of roughly $106K in mid-September. Downloads fluctuated slightly, averaging around 9K. Active users saw a modest decline, settling at approximately 790K by the end of September.
QQ音乐 - 让生活充满音乐 showed variability in weekly revenue, peaking near $21K in early August. Downloads remained low, with a slight increase to around 655 by the end of September. Active users maintained a consistent presence, averaging just over 20K throughout the quarter.
TIDAL Music: HiFi Sound displayed a consistent revenue stream, with figures hovering around $15K weekly. Downloads experienced a notable spike to 2.3K in early September, while active users fluctuated around 9K.
For more detailed insights into these trends and the performance of other apps, visit Sensor Tower.
