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The third quarter of 2023 showcased some interesting trends in the music and podcasts apps landscape in Colombia. Here's a closer look at the performance of the top 5 applications based on data from Sensor Tower.
Spotify - Music and Podcasts saw notable growth in downloads, peaking at approximately 331K in the week of September 18. Revenue showed a steady increase, reaching around $5.9K in the same week. Weekly active users remained robust, fluctuating slightly but generally staying above 7M throughout the quarter.
TREBEL Music - Download Songs experienced a significant drop in downloads, falling from around 284K in late June to approximately 38K by the end of September. Revenue remained minimal but consistent, peaking at $35 in the week of September 11. Weekly active users hovered around 600K for most of the quarter.
Radios Colombia - Live FM & AM showed a steady increase in downloads, reaching about 29K in early September. Revenue saw a small but noticeable uptick, peaking at $124 in the last week of August. Weekly active users remained stable, averaging around 145K through the quarter.
YouTube Music maintained a consistent download rate, with slight fluctuations, peaking at around 20K in early July. Revenue was steady, with a significant peak of $18.8K in mid-August. Weekly active users showed a healthy trend, reaching over 4M in late August.
Shazam: Find Music & Concerts had stable download numbers, averaging around 15K throughout the quarter. Weekly active users remained consistent, hovering around 600K, with a small peak in the last week of September.
These insights highlight the dynamic nature of the music and podcasts app market in Colombia. For more detailed analytics and insights, visit Sensor Tower.