AI Insights · Timothy · September 2024
Top 5 Music and Podcasts Apps in Latvia Q3 2024
In Q3 2024, Latvia's top music and podcast apps, including Spotify and YouTube Music, showed varied trends in downloads and revenue according to Sensor Tower data.
In the third quarter of 2024, Latvia's music and podcasts app landscape on a unified platform saw interesting trends among the top five apps, as analyzed from Sensor Tower's data.
Spotify - Music and Podcasts exhibited a steady rise in weekly revenue, starting from around $2.6K in early July and reaching approximately $3.6K by the end of September. Weekly downloads for Spotify remained relatively stable, fluctuating between 1.2K and 1.4K throughout the quarter.
YouTube Music experienced a slight variation in weekly revenue, starting at $1K and maintaining a similar range with minor peaks and troughs. Downloads for YouTube Music stayed consistent, mostly hovering around the 700 mark.
TIDAL Music: HiFi Sound saw a modest increase in weekly revenue, beginning at $241 and peaking at $292 in mid-August, before settling back to $246 by the end of the quarter. The app's downloads showed a slow but steady increase, reaching a high of 126 in early September.
Deezer: Music Player, Podcast had a notable spike in weekly revenue, peaking at $395 in mid-August, although it later decreased to $237 by late September. Deezer's download numbers were relatively low, with minor fluctuations throughout the quarter.
Finally, SoundCloud: Discover New Music showed growth in both revenue and downloads. Revenue increased from $155 to $204 over the quarter, while downloads rose from 678 in early July to a peak of 829 in early September, before slightly declining by the end of the month.
For more detailed insights into these trends, visit Sensor Tower.