AI Insights · Timothy · October 2024
Top 5 Music and Podcasts Apps in Nigeria: Q3 2024 Performance
Explore the performance trends of the top music and podcasts apps in Nigeria during Q3 2024, with insights on downloads, revenue, and active users.
During the third quarter of 2024, the top music and podcasts applications in Nigeria demonstrated diverse performance trends across various metrics, according to Sensor Tower data.
Audiomack - Play Music Offline by Audiomack, Inc. saw its weekly revenue fluctuate, peaking at about $998 in late September. Downloads showed a peak in mid-July with 214K, followed by a decline towards the end of the quarter to approximately 136K. Weekly active users initially increased, reaching over 1.9M by the end of September.
Spotify - Music and Podcasts experienced a significant rise in revenue, culminating at $5.6K in the last week of September. Downloads began at around 78K in early July and ended at 66K in late September. Active users remained relatively stable, hovering around 1.1M throughout the quarter.
Boomplay: Music & Live Stream from Transsnet Music Limited had a mixed quarter with revenue reaching a high of $2.2K in mid-July before settling at approximately $1K by the end of September. Downloads showed a downward trend, starting at 65K and decreasing to about 49K. Active users remained robust, concluding the quarter with over 5.1M.
Shazam: Find Music & Concerts, despite generating no revenue, maintained a steady download rate, averaging around 44K weekly downloads. Active user numbers fluctuated slightly, ending the quarter with over 606K.
Lastly, Current Rewards: Offline Music saw a steady increase in downloads, reaching 18.7K by the end of September. Active users also grew, closing the quarter with approximately 61K.
For more detailed insights into these trends, visit Sensor Tower.