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AI Insights · Timothy · April 2024
Top 5 Music and Podcasts Apps Performance in Sweden Q1 2024
Explore the performance of the top 5 music and podcast applications in Sweden for Q1 2024, including trends in downloads, revenue, and active users.
In Q1 2024, Sweden's top 5 music and podcast applications on a unified platform demonstrated varied performance metrics across downloads, revenue, and active users. The data, sourced from Sensor Tower, provides valuable insights into the trends for these popular apps.
Podme: Premium Podcast player experienced fluctuating weekly downloads, peaking at 3.4K in mid-January and dipping to 1.1K by the end of March. Revenue showed a steady increase initially, peaking at approximately $62K in late February, and then stabilizing around $51K-$57K towards the end of the quarter. Active users saw a slight decline from 22K to 20.5K by the end of the period.
Spotify - Music and Podcasts maintained a consistent download rate, hovering around 9K-10K weekly, with a slight dip to 8.5K in mid-March. Revenue saw peaks in late February and late March, reaching approximately $28K and $25K, respectively. Active users remained robust, averaging around 2.3M throughout the quarter.
SoundCloud: Discover New Music had relatively stable weekly downloads, fluctuating between 4.5K and 5.3K. Revenue exhibited a peak of approximately $25.6K in late February, with other weeks averaging around $17K-$24K. Active users consistently stayed around 580K, with minor fluctuations.
YouTube Music saw downloads ranging from 2.1K to 2.5K weekly. Revenue peaked at about $22K in late February, with other weeks varying between $13K and $20K. Active users showed a steady increase, starting at 393K in early January and rising to 421K by the end of March.
TIDAL Music: HiFi Sound had lower download numbers, generally around 400 per week, with a spike to 726 in early February. Revenue reached its highest at approximately $12.5K in late February. Active users fluctuated, starting at 16.6K in early January, peaking at 17.9K in early February, and settling at around 15.5K by the end of March.
These insights into the top music and podcast apps in Sweden for Q1 2024 demonstrate varied performance across key metrics. For more detailed analytics and insights, visit Sensor Tower.
