AI Insights · Timothy · October 2024
Top 5 Music and Podcasts Apps Performance in New Zealand Q3 2024
Explore the performance trends of the top music and podcast apps on a unified platform in New Zealand during Q3 2024, highlighting downloads, revenue, and active users.
In the third quarter of 2024, the top music and podcast applications in New Zealand demonstrated varied performance metrics in terms of downloads, revenue, and active users, according to Sensor Tower data.
Spotify - Music and Podcasts showed a noticeable fluctuation in weekly revenue, which peaked at approximately $17.4K in late August. Download numbers remained fairly consistent, with a notable increase to around 6K in the final week of September. The app maintained a strong user base, with weekly active users hovering around 1.3M throughout the quarter.
Shazam: Find Music & Concerts, while reporting no revenue, experienced a steady download trend, reaching around 2.7K in early September. The app's active users showed slight variations, averaging between 133K and 147K over the quarter.
YouTube Music experienced a gradual increase in weekly revenue, culminating at approximately $14.6K by the end of September. Downloads saw a slight rise, peaking at just over 2.1K in the last week of the quarter. Weekly active users remained stable around 270K, with a mild decline towards the end of the period.
SoundCloud: Discover New Music reported a gradual increase in revenue, reaching about $10K by the end of September. Download trends remained relatively stable, with numbers fluctuating around 1.5K to 1.8K. Active users consistently hovered close to the 100K mark, with a slight dip towards the end of the quarter.
iHeart: Radio, Podcasts, Music saw modest weekly revenue, peaking at $111 at the beginning of July. The app maintained a steady download rate, with a slight increase to around 1.5K in early September. Active users fluctuated slightly, averaging around 7.5K throughout the quarter.
For more detailed insights and analysis, visit Sensor Tower's website.