In Q2 2024, the top 5 music and podcasts applications on a unified platform in the United States demonstrated notable trends in downloads, revenue, and weekly active users, according to Sensor Tower data.

Spotify - Music and Podcasts saw a slight decline in weekly active users, from about 81.6M at the start of April to 81.5M by the end of June. Revenue peaked at approximately $1.6M in the last week of April, with a general upward trend observed throughout the quarter. Downloads fluctuated slightly, maintaining an average of around 440K per week.

YouTube Music experienced steady revenue growth, culminating at around $2.6M in mid-June. Active users increased from 32M to around 33M, while downloads ranged from 159K to 181K weekly, showing a consistent upward trend.

Shazam: Find Music & Concerts maintained stable weekly downloads, averaging around 165K. Active users showed a mild fluctuation, starting at 7.9M in early April and ending at 7.9M by the end of June.

Pandora: Music & Podcasts reported the highest revenue among the top 5, peaking at about $5.3M in the last week of June. Downloads averaged around 150K per week, and active users saw a slight decline from 16.1M in early April to 15.1M in late June.

SoundCloud: Discover New Music showed a varied revenue trend, peaking at $1M in mid-June. Weekly downloads remained fairly stable around 145K, while active users declined from 16.5M in early April to 15.1M by the end of June.

These insights highlight the dynamic nature of the music and podcasts app market in the United States. For more detailed analysis, visit Sensor Tower.

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Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2024

Downloads

Revenue

Quarter Summary