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AI Insights · Timothy · October 2024

Top 5 Music and Podcasts Apps in South America Q3 2024

Explore the performance trends of the top music and podcasts apps in South America during Q3 2024, with insights into downloads, revenue, and active users.

Top 5 Music and Podcasts Apps in South America Q3 2024

In the third quarter of 2024, the top music and podcasts applications in South America displayed varied performance trends on the unified platform. These insights, sourced from Sensor Tower, provide a comprehensive view of the market dynamics.

YouTube Music demonstrated a stable revenue flow, fluctuating around $140K to $150K throughout the quarter, peaking at approximately $149K in the final week of September. Its weekly downloads showed a gradual decline from a high of around 171K in July to about 153K by the end of September. Meanwhile, the app maintained a robust active user base, increasing from around 56.7M to 63.1M over the same period.

Spotify - Music and Podcasts saw a steady increase in weekly revenue, reaching approximately $127K at the beginning of September before stabilizing around $121K towards the end of the quarter. Weekly downloads remained strong, starting at just under 1M and maintaining a similar level throughout, while active users grew slightly from 68M to 69.2M.

Deezer: Music Player, Podcast experienced a consistent revenue stream, with figures hovering around $100K to $108K. Download numbers showed a downward trend, beginning at 78K and ending the quarter at approximately 46K. Active users also decreased, moving from around 3.7M to 3.4M.

Amazon Music: Songs & Podcasts had a relatively stable revenue pattern ranging from $37K to $43K. Downloads varied, starting at 78K in July, dipping mid-quarter, and peaking again at 76K by September's end. The active user count fluctuated, ultimately increasing from around 1.1M to 1.13M.

TikTok Music showed a mixed performance, with revenue peaking at approximately $38K in early August and downloads declining from 13K to just under 6K by the end of the quarter. Active users, however, remained relatively stable, fluctuating around 550K to 527K.

These insights highlight the competitive landscape and user engagement trends in the music and podcasts app sector in South America during Q3 2024. For more detailed analytics and insights, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2024